Version 2.1 by jackb on 2023/10/31 16:20
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1 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.
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3 Companies pay more to reduce the amount of money owed to the IRS by the State.
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7 == Related Pages: ==
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10 === [[What are the Credit Reduction States?>>doc:Windows.U\.S\..Standard Filing Questions ».940 Forms.What are the Credit Reduction States?.WebHome]] ===
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12 Read which states are considered Credit Reduction States.
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15 === [[Non-credit Reduction States on 940 Schedule A Form>>doc:Windows.U\.S\..Standard Filing Questions ».940 Forms.Non-credit Reduction States on 940 Schedule A Form.WebHome]] ===
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17 Read the requirement for 940 Schedule A.
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20 === [[What is a Credit Reduction State>>doc:Windows.U\.S\..Standard Filing Questions ».940 Forms.What is a Credit Reduction State.WebHome]] ===
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22 Read the definition of a Credit Reduction State.