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Which taxes and surcharges are creditable and included for reporting on IRS Form 940?

April 26, 2017Creditable form included IRS surcharges taxes

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Which taxes and surcharges are creditable and included for reporting on IRS Form 940?

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The contribution rate, which includes the loan principal surcharge, is creditable and reported on IRS Form 940. The interest surcharge and contingency assessment are not creditable for FUTA on IRS Form 940.