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Since the SUTA rates changes are made at the end of each year, the available 2022 rates were used for FUTA and SUTA. Note: The
Since the SUTA rates changes are made at the end of each year, the available 2022 rates were used for FUTA and SUTA. Note: The net FUTA tax rate of 0.6% is used in the text. Note: The Credit Reduction State status is year specific; thus likely to differ from year to year. Please look for updated details in the textbook before completing Schedule A for Form 940. As the accountant for Runson Moving Company, you are preparing the company's annual return, Form 940 and Schedule A. Use the following information to complete Form 940 and Schedule A. The net FUTA tax liability for each quarter of 20-- was as follows: 1st, $222.50; 2nd, $107.80; 3rd
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