Sage 50 940 Form Filing Errors

Sage 50 940 Form Filing Error

Every business is familiar with the 940 Form filing, which is used to report federal unemployment taxes. It’s a crucial part of the payroll process, and for most businesses, an annual task. However, filing errors can occur when completing this form—a reality that few business owners want to face. When it comes to Sage 50 940 form filing errors, understanding the causes and solutions is key. In this blog post, we’ll discuss common Sage 50 940 mistakes and how to fix them quickly.

Sage 50 is highly appreciated by the business community all around the world for its amazing tools and features. It is so user-friendly that even a novice can operate it with ease. This popular software helps businesses save a lot of their time and effort.

Sage 50 also provides useful Form Filing functionalities for making annual tax filing easy for businesses. However, many Sage 50 users have informed that they were experiencing errors while filing the Tax Form 940, which is used by the authorities to monitor the Federal Unemployment Tax (FUTA). In this blog, we will look at how to fix the Sage 50 940 form filing errors.

What is the Sage 50 940 Form?

If you’re a business owner who uses Sage 50, you’ve probably had to file a 940 form at some point. The 940 form is an annual tax form that businesses use to report their federal unemployment taxes. The first thing you need to know about the 940 form is that it’s only used by businesses that pay federal unemployment taxes (FUTA). If your business doesn’t pay FUTA, then you don’t need to file this form. Firstly, you’ll just need to provide your business name, address, and EIN (Employer Identification Number).

The second section is where things start to get a little more complicated. In this section, you’ll need to provide information about your employees, including how many were employed during the tax year and how much they were paid. You’ll also need to provide information about any unemployed workers who were claiming benefits from your state’s unemployment insurance program.

Also Read: How to Print Sage 50 W2 Forms?

What Causes the Sage 50 940 form filing errors?

Some prominent reasons that lead to the occurrence of this error are listed below-

  • The .dll file is missing
  • Third-party programs installed in the system blocks access to the Tax form update
  • The operating system installed is not compatible with the Sage 50 software 
  • An issue with the Byte Fence software installed on the system

Resolutions to Fix the Sage 50 940 form Filing Errors

Here, we are providing multiple solutions to resolve this error. Make sure to turn your anti-virus off while performing these remedies-

Solution 1: Check the compatibility of Sage 50 with Windows 8.0 or 8.1

  • Here are the steps to follow-
  • Open the Sage software
  • Select properties 
  • Click on the Compatibility option
  • Now click Apply 
  • Check the compatibility by opening a form

Solution 2: Execute AATRIXFORMS via the Admin Mode

  • Here are the steps to follow-
  • Browse to the location C:\Program Files (x86)\Common Files\Peach\FormViewer. Alternatively, you can navigate to C:\Program Files\Common Files\Peach\FormViewer
  • Right-click on the AATRIXFORMS.exe file
  • Now, click on the Compatibility option
  • Click the Run as administrator tab
  • Finally, check if you are able to open a tax form

Solution 3: Disable the ByteFence program

  • Here are the steps to follow in Windows 10-
  • Go to the taskbar
  • In the search box, type Control Panel
  • Click to open it from the results.
  • Click on Programs 
  • Go to the Programs and Features section
  • Locate the ByteFence program
  • Right-click or press & hold on this program 
  • Click on Uninstall/Change
  • Follow the instructions on your screen to disable the program

Solution 4: Enable the Automatic Update option

Here are the steps to follow –

  • Close the Sage application if it is running in the background
  • Open Internet Explorer 
  • Download the payroll update from your preferred websites
  • Click Run 
  • The installation of the updates will continue
  • Open the company file 
  • Choose the preferred Payroll Tax Form
  • The Forms Update window will appear on your screen
  • Selects the Automatic Update button 
  • Follow the instructions carefully
  • Check if the Tax Form 940 appears properly now

Read More-: Report to Use to Verify Information on 940 at Sage 50

Final Words:

We hope the multiple methods mentioned above would help you resolve Sage 50 940 form filing errors. If you still have some queries or, if you experience any difficulties in performing the above-mentioned solutions, we would recommend you to speak to some of the authorized Sage experts

Accounting Professionals & Specialized Experts

Want quick help from accounting software experts? Get in touch with our team members who can install, configure and configure your software for you. Proficient in fixing technical issues, they can help you quickly get back to work whenever you encounter an error in Sage software. Our team is available 24/7 365 days to assist you. To get in touch.

💠FAQs💠

What is the e-Form 940?

Form 940 is used by the authorities to monitor the Federal Unemployment Tax (FUTA). This form helps provide funds to workers who lost their jobs.

How can I E-file the 941/941B Federal Tax forms?

🔹 Open the Sage 50 application
🔹 Navigate to the Reports and Forms menu
🔹 Select Forms
🔹 Browse to the Tax Forms section
🔹 The Select a Report or Form window will pop up on your screen 
🔹 Now, double-click on the Payroll Tax Forms tab
🔹 Click on the Available Forms box
🔹 Choose the current 941/Schedule B/941-V Report
🔹 Navigate to the select filing period section 
🔹 Select the relevant year

Please Note: If you select a new form, you should select the relevant year again
🔹 Click OK to proceed
🔹Follow the on-screen instructions to complete the procedure

How can I print or E-file the State quarterly forms?

🔹 Open the Sage 50 application
🔹 Navigate to the Reports and Forms menu
🔹 Select Forms
🔹 Browse to the Tax Forms section
🔹 The Select a Report or Form window will pop up on your screen 
🔹 Now, double-click on the Payroll Tax Forms tab
🔹 Click on the tab named State form type 
🔹 Choose your State for which you need to print or E-file
🔹 Open the select filing period section 
🔹 Select the relevant quarter and the year

Please Note: If you select a new form, you should select the relevant year and
quarter again 
🔹 Click OK to proceed
🔹 Follow the instructions appearing on your screen

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