Form 940 Schedule A (Puerto Rican Version)

Multi-State Employer and Credit Reduction Information (Puerto Rican Version)

Rev. 2022

To calculate the FUTA credit reduction on your Form 940-PR, you need to determine which states have imposed a state unemployment tax during the year and their corresponding reduction rates. You then add up the total salaries subject to the FUTA contribution in each of those states, apply the reduction rate, and enter the result in the 'Reduction in Credit' box on the Form 940-PR annex A.

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Tax forms

Form 940 (PR) Schedule A is one of Tax forms that are documents used to report information related to taxes to the relevant tax authority. There are various types of tax forms, including federal, state, and local tax forms, which can vary depending on the taxpayer's circumstances and location.

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