Skip to Content
Last modified by Andrew K on 2025/12/31 20:51
Show last authors
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.
2
3 Companies pay more to reduce the amount of money owed to the IRS by the State.
4
5 ----
6
7 == Related Pages: ==
8
9
10 === [[What are the Credit Reduction States?>>doc:Windows.U\.S\..Standard Filing Questions ».940 Forms.What are the Credit Reduction States?.WebHome]] ===
11
12 ====== Read which states are considered Credit Reduction States. ======
13
14
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]] ===
16
17 ====== Read the requirement for 940 Schedule A. ======
18
19
20 === [[What is a Credit Reduction State>>doc:Windows.U\.S\..Standard Filing Questions ».940 Forms.What is a Credit Reduction State.WebHome]] ===
21
22 ====== Read the definition of a Credit Reduction State. ======