FAQs on Form 94x Series

What is a Credit Reduction State?

A state whose credit for FUTA is reduced because it hasn’t repaid, within the tax year, money borrowed from the federal government to pay unemployment benefits, is a Credit Reduction State.

Related Questions

What is the purpose of Form 940?

Who Must File Form 940?

When Must You File Form 940?

What is the Penalty for late Failing to File Form 940?

How Do I E-file Form 940 with TaxBandits?

Last modified 05 Jan 2018 06:01 EST