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quotamp stands for Quarterly Unemployment Tax Adjustment Multiplier Program. It is a program used by employers to adjust their quarterly unemployment taxes based on their experience rating.
Employers who have been assigned an experience rating are required to file quotamp.
Employers can fill out quotamp online through the state's unemployment tax portal or by submitting a paper form.
The purpose of quotamp is to adjust employers' quarterly unemployment taxes based on their experience rating, ensuring that they are paying the correct amount.
Employers must report their payroll for the quarter and their experience rating in order to calculate the correct unemployment tax adjustment.
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