Columns for the Form 940 Worksheet

The Form 940 Worksheet contains a standard set of columns. You cannot select columns for this report. The header area of the Form 940 Worksheet displays the W-2 year and quarter for which you generate the report. The body of the worksheet displays gross pay, 125/Cafeteria contributions, and total wages subject to tax for each employee.

Contents

Field Description
Employee Number/Name This column displays the identification number and name of the employee who charged labor to the project.
Social Security Number This column displays the person's Social Security number.

Quarter-To-Date and Year-To-Date Reporting Periods

The following columns show amounts and withholdings for both Quarter-To-Date and Year-To-Date periods where applicable.

Field Description
Gross Pay This column displays the employee's gross pay for the reporting periods.
125/Cafeteria This column displays the 125/Cafeteria contributions withheld for the employee for the reporting periods.
Add'l Exempt Payments If you excluded types of withholding or employer contributions from taxable wages using Additional Exempt Payments on the Options tab, these columns display the total excluded amount for the reporting periods.
Subject to Tax These columns display the total amount subject to tax for the reporting periods, calculated as follows: Gross pay - 125/Cafeteria contributions. The maximum amount subject to tax is the annual wage base that you specified on the Options tab.