Employer's payroll obligation Match each of the following terms A through H with the appropriate definitions 1 through 8.
A. EFTPS 

B. Form 941 

C. Merit rating 

D. FICA taxes 

E. Form 940 

F. Form W-2 

G. FUTA taxes

H. Federal depository bank

1. A rating assigned to an employer by a state based on the employer’s past record regarding stable employment.
2. Taxes assessed on both employer and employees under the Federal Insurance Contributions Act. These taxes fund Social Security and Medicare.
3. Payroll taxes on employers assessed by the federal government to support the federal unemployment ployment insurance program.

4. A bank authorized to accept deposits of amounts payable to the federal government, includ-
Ing payroll taxes.
5. A system for depositing payroll taxes via computer or telephone.
6. A statement that reports an individual employee’s total earnings and deductions for the year.
7. A form that reports an employer’s federal tax withholdings for a quarter.
8. A form that reports an employer’s annual federal unemployment taxes.