Common Tax Forms Used By Businesses

F.N.H

6/4/20241 min read

black click pen on white paper
black click pen on white paper

Common Tax Forms Used By Businesses

Employer and Payroll Tax Forms

  1. Form 940: Federal Unemployment Tax Act (FUTA) tax.

  2. Form 941: Employees' wages, tips, and tax withholdings.

  3. Form 944: Simplifies annual reporting for small employers.

  4. Form W-2: Annual wages and taxes withheld.

  5. Form W-3: Transmittal of wage and tax statements.

  6. Form W-4: Employee’s withholding certificate.

  7. Form W-2G: Certain Gambling Winnings.

Business Tax Forms

  1. Form 1065: Partnership tax return.

  2. Form 1120: Corporate tax return.

  3. Form 1120-S: S-corporation tax return.

  4. Form 2553: Election by a Small Business Corporation.

  5. Form 8832: Entity Classification Election.

  6. Form SS-4: Application for Employer Identification Number.

  7. Form 7004: Application for Automatic Extension of Time To File Certain Business Income Tax.

  8. Form 4562: Depreciation and Amortization.

  9. Form 8829: Expenses for Business Use of Your Home.

  10. Form 5471: Information Return of U.S. Persons With Respect to Certain Foreign Corporations.

  11. Form 4797: Sales of Business Property.

Independent Contractor and Miscellaneous Income Forms

  1. Form 1099-NEC: Nonemployee Compensation.

  2. Form 1099-DIV: Dividends and Distributions.

  3. Form 1099-MISC: Miscellaneous Information.

  4. Form 1099-INT: Interest Income.

  5. Form W-9: Request for Taxpayer Identification Number and Certification.

  6. Form 1099-R: Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.

  7. Form 1099-B: Proceeds From Broker and Barter Exchange Transactions.