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Video instructions and help with filling out and completing Where 940 Schedule Return

Instructions and Help about Where 940 Schedule Return

Hi and thank you for watching this is Michael huazi from summer associates tax services in Stamford Connecticut summer tax com in this video we will be demonstrating how to use the electronic federal tax payment system to make a federal tax deposit as of January 1st 2024 the IRS requires most businesses to pay their federal tax electronically we hope this video will make it easier for you to use the EFTPS method of payment feel free to review this video as you may need it will be archived online for your future viewing now let's begin the first step is to go to EFTPS gov top right hand corner click on login brings you to the login screen here you will add your employee identification number or your federal identification number so you'll put that in top the top field here next you'll put your pin which is which you'll find on the letter that acknowledges completion of your enrollment with the EFTPS and your internet password which you will reset after being assigned a temporary password by EFTPS you'll then click login and you'll be brought to the welcome screen here you see hello summer associates and now you will click on payment the middle option in the top menu bar here you will be brought to the selections for tax forms and you want to be careful here you want to only put in one or the other you do not want to do both here I'm going to show you an example of why if you put 941 and use the drop down you'll get a warning an error so you want to make sure that you either type it in the tax form 941 above or you use to select a tax form from...