Increasing Amounts for Credit Reduction States

Last modified by Derek K on 2024/02/07 22:29

Being a credit reduction state means that the state owes money to the IRS and each employer in the credit reduction state does not get a reduced amount to pay.

Companies pay more to reduce the amount of money owed to the IRS by the State.

Related Pages:

What are the Credit Reduction States?

Read which states are considered Credit Reduction States.

Non-credit Reduction States on 940 Schedule A Form

Read the requirement for 940 Schedule A.

What is a Credit Reduction State

Read the definition of a Credit Reduction State.