An employer who is subject to FUTA must file form 940 with the federal government. Normally, the form must be filed by February 1 ; however if all deposits are made on a timely basis, the form may be filed by February 10 . The total taxable wages are computed by deducting exempt payments and wages paid to each employee in excess of _____________ from the total wages paid during the year.

An employer who is subject to FUTA must file form 940 with the federal government. Normally, the form must be filed by February 1 ; however if all deposits are made on a timely basis, the form may be filed by February 10 . The total taxable wages are computed by deducting exempt payments and wages paid to each employee in excess of _____________ from the total wages paid during the year.

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter5: Unemployment Compensation Taxes

Section: Chapter Questions

Problem 13QR

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