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State of Alabama. Department of Labor. Unemployment Compensation Division. Quarterly Contribution and Wage Report. Internet Filing Instructions. From the ...

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What is quarterly contribution and wage?

Quarterly contribution and wage refers to the amount of money that an employer contributes towards social security and Medicare taxes on behalf of their employees, as well as the total wages earned by employees during a specific three-month period.

Who is required to file quarterly contribution and wage?

Employers who have employees and are subject to social security and Medicare taxes are required to file quarterly contribution and wage.

How to fill out quarterly contribution and wage?

Employers can fill out quarterly contribution and wage by using the appropriate forms provided by the IRS or their state tax agency. They need to report the total wages paid to employees and the total amount of social security and Medicare taxes withheld.

What is the purpose of quarterly contribution and wage?

The purpose of quarterly contribution and wage is to ensure that employers are contributing the correct amount of social security and Medicare taxes on behalf of their employees. This helps fund these important social programs.

What information must be reported on quarterly contribution and wage?

Employers must report the total wages paid to employees, the total amount of social security and Medicare taxes withheld, and any additional information required by the IRS or state tax agency.

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