2014 Form 940 (Schedule A) 860412 F940sa
User Manual: 860412
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Schedule A (Form 940) for 2014: 860312 Multi-State Employer and Credit Reduction Information OMB No. 1545-0028 Department of the Treasury — Internal Revenue Service See the instructions on page 2. File this schedule with Form 940. — Employer identification number (EIN) Name (not your trade name) Place an “X” in the box of EVERY state in which you had to pay state unemployment tax this year. For each state with a credit reduction rate greater than zero, enter the FUTA taxable wages, multiply by the reduction rate, and enter the credit reduction amount. Do not include in the FUTA Taxable Wages box wages that were excluded from state unemployment tax (see the instructions for Step 2). If any states do not apply to you, leave them blank. Postal Abbreviation AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS FUTA Taxable Wages . . . . . . . . . . . . . . . . . . . . . . . . . . . Reduction Rate × .000 × .000 × .000 × .000 × .012 × .000 × .017 × .000 × .000 × .000 × .000 × .000 × .000 × .000 × .000 × .015 × .000 × .012 × .000 × .000 × .000 × .000 × .000 × .000 × .000 × .000 Credit Reduction . . . . . . . . . . . . . . . . . . . . . . . . . . . Postal Abbreviation FUTA Taxable Wages NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY PR VI . . . . . . . . . . . . . . . . . . . . . . . . . . Reduction Rate MT × .000 Total Credit Reduction. Add all amounts shown in the Credit Reduction boxes. Enter the total here and on Form 940, line 11 . . . . . . . . . . . . . . . . . . . . . For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 940. Cat. No. 16997C Credit Reduction . . . . . . . . . . . . . . . . . . . . . . . . . . × .012 × .000 × .000 × .000 × .000 × .000 × .000 × .012 × .012 × .000 × .000 × .000 × .000 × .000 × .000 × .000 × .000 × .000 × .000 × .000 × .000 × .000 × .000 × .000 × .000 × .012 . Schedule A (Form 940) 2014 Instructions for Schedule A (Form 940) for 2014: 860412 Multi-State Employer and Credit Reduction Information Specific Instructions: Completing Schedule A Step 1. Place an “X” in the box of every state (including the District of Columbia, Puerto Rico, and the U.S. Virgin Islands) in which you had to pay state unemployment taxes this year, even if the state's credit reduction rate is zero. Note. Do not enter your state unemployment wages in the FUTA Taxable Wages box. Note. Make sure that you have applied for a state reporting number for your business. If you do not have an unemployment account in a state in which you paid wages, contact the state unemployment agency to receive one. For a list of state unemployment agencies, visit the U.S. Department of Labor's website at www.workforcesecurity.doleta.gov/unemploy/ agencies.asp. Enter your total in the Credit Reduction box at the end of the line. The table below provides the two-letter postal abbreviations used on Schedule A. State Postal Abbreviation State Postal Abbreviation Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia AL AK AZ AR CA CO CT DE DC Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota MT NE NV NH NJ NM NY NC ND Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky FL GA HI ID IL IN IA KS KY Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas OH OK OR PA RI SC SD TN TX Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri LA ME MD MA MI MN MS MO Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Puerto Rico U.S. Virgin Islands UT VT VA WA WV WI WY PR VI Step 2. You are subject to credit reduction if you paid FUTA taxable wages that were also subject to state unemployment taxes in any state listed that has a credit reduction rate greater than zero. If you paid FUTA taxable wages that were also subject to state unemployment taxes in any state that is subject to credit reduction, find the line for each state. In the FUTA Taxable Wages box, enter the total FUTA taxable wages that you paid in that state. (The FUTA wage base for all states is $7,000.) However, do not include in the FUTA Taxable Wages box wages that were excluded from state unemployment tax. For example, if you paid $5,000 in FUTA taxable wages in a credit reduction state but $1,000 of those wages were excluded from state unemployment tax, report $4,000 in the FUTA Taxable Wages box for that state. Page 2 Then multiply the total FUTA taxable wages by the reduction rate. Step 3. Total credit reduction To calculate the total credit reduction, add up all of the Credit Reduction boxes and enter the amount in the Total Credit Reduction box. Then enter the total credit reduction on Form 940, line 11. Example 1 You paid $20,000 in wages to each of three employees in State A. State A is subject to credit reduction at a rate of .003 (.3%). Because you paid wages in a state that is subject to credit reduction, you must complete Schedule A and file it with Form 940. Total payments to all employees in State A . . . . . . $60,000 Payments exempt from FUTA tax (see the Instructions for Form 940) . . . . . . . . Total payments made to each employee in excess of $7,000 (3 x ($20,000 - $7,000)) . . . . . . $0 . . . $39,000 Total FUTA taxable wages you paid in State A entered in the FUTA Taxable Wages box ($60,000 - $0 - $39,000) . . . $21,000 Credit reduction rate for State A . . . . . . . . . . .003 Total credit reduction for State A ($21,000 x .003) . . . . . $63 Caution. Do not include in the FUTA Taxable Wages box wages in excess of the $7,000 wage base for each employee subject to state unemployment insurance in the credit reduction state. The credit reduction applies only to FUTA taxable wages that were also subject to state unemployment tax. In this case, you would write $63.00 in the Total Credit Reduction box and then enter that amount on Form 940, line 11. Example 2 You paid $48,000 ($4,000 a month) in wages to Employee A and no payments were exempt from FUTA tax. Employee A worked in State B (not subject to credit reduction) in January and then transferred to State C (subject to credit reduction) on February 1. Because you paid wages in more than one state, you must complete Schedule A and file it with Form 940. The total payments in State B that are not exempt from FUTA tax are $4,000. Since this payment to Employee A does not exceed the $7,000 FUTA wage base, the total FUTA taxable wages paid in State B are $4,000. The total payments in State C that are not exempt from FUTA tax are $44,000. However, $4,000 of FUTA taxable wages was paid in State B with respect to Employee A. Therefore, the total FUTA taxable wages with respect to Employee A in State C are $3,000 ($7,000 (FUTA wage base) - $4,000 (total FUTA taxable wages paid in State B)). Enter $3,000 in the FUTA Taxable Wages box, multiply it by the Reduction Rate, and then enter the result in the Credit Reduction box. Attach Schedule A to Form 940 when you file your return.
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