This report contains information required to fill out the Federal 940 (FUTA) report. The Box numbers indicate the box locations on the actual 940 Form; simply re-enter the balances in the report in the corresponding boxes on the form.
Note: The data in this report is based on any information you enter in the Pay History window as well as MYOB AccountEdge payroll transactions.
To find this report:
Index to Reports window > Payroll Tab > Tax & Compliance Header
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| Total Wages Paid (Box 1): | $58,746.00 | |
| Wages in Excess of $7,000.00 (Box 3): | $37,746.00 | |
| Wages Subject to FUTA (Box 5): | $21,000.00 | |
| FUTA Tax Rate: | 0.80000% | |
| FUTA: | $168.00 | |