"Bruce E. Cobern" <bec[at]pipeline.com> wrote:
- quote -

Thanks, but the FUTA payment went to the Feds :-)

I have since found that I can file an amended Form 940 and
assign the extra payment for 2005, which was made in January
of 2006, against the total due for 2006.

--
Vic Roberts
Replace xxx with vdr in e-mail address.

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"Victor Roberts" <xxx[at]lighting-research.com> wrote:

- quote -

I would contact the NYS Unemployment Insurance Department.
They are pretty helpful. Let them check your payments and
see what they show as your balance due/overpayment. You can
then discuss whether they should refund it or credit it to
2006. Try 800-972-1233 or 888-899-8810.

--
Bruce E. Cobern, CPA
mailto:bec[at]pipeline.com

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

In both 2004 and 2005 companies in New York had to pay an
extra $12 FUTA per employee. It is my understanding that
this charge was imposed because New York pay the balance of
a loan received from the Federal government to pay state
unemployment obligations. The information I have is that
this extra charge will disappear in 2006.

I paid the full FUTA payment for 2005 on December 31, 2005.
However I just realized that near the end of January 2006 I
thought I had not paid the additional $21 so I paid it
again. Both payments were made by EFTPS, both were marked
as payments for TY 2005 and both were accepted.

Is the extra $21 lost? Can I take a credit for that payment
against my 2006 FUTA payment? I have only one employee, me,
so the mistake is not a big deal. But I'm still curious.

--
Vic Roberts
Replace xxx with vdr in e-mail address.

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >