a
Introduction:The Federal
The FUTA tax for T before the state tax credit.
b
Introduction:The Federal Unemployment Tax Act (FUTA) is a payroll tax paid by employers on employee wages. The FUTA tax rate is 6 percent of an employee’s wages up to $7,000, and the employer can report their FUTA liability for the year on Form 940.
The State unemployment tax.
c
Introduction:The Federal Unemployment Tax Act (FUTA) is a payroll tax paid by employers on employee wages. The FUTA tax rate is 6 percent of an employee’s wages up to $7,000, and the employer can report their FUTA liability for the year on Form 940.
The FUTA tax after the state tax credit
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