Which form is designated for FUTA taxes?

The correct choice is the form designated for FUTA taxes, which is the 940. The Federal Unemployment Tax Act (FUTA) tax is paid by employers to fund unemployment benefits, and the IRS requires employers to report this tax using Form 940 annually. This form provides a summary of the employer's FUTA tax liability for the year and ensures compliance with federal regulations regarding unemployment taxation.

Form 941 and Form 944 are used for reporting income and payroll taxes withheld from employees’ wages on a quarterly and annual basis, respectively, but they do not specifically address FUTA taxes. Form 945 is utilized for reporting non-employee compensation that is subject to federal withholding, which is also not related to FUTA. Lastly, Form 1099 is used for reporting various types of income received by non-employees but does not pertain to unemployment taxes either. Therefore, Form 940 is the specific form needed for FUTA taxes, confirming it as the correct choice.