If you are required to deposit your Federal Unemployment taxes on an annual basis,
the Annual Federal Unemployment Worksheet will supply the information you
need. The report will show the wages on each employee, along with the wages in
excess of the Federal Unemployment Maximum and the taxable wages. The information
can easily be used for completing the Federal form.
As
with all annual reports, you must wait until the final payroll of the year has
been finished.. By using the date range for searching employee pay records, you
can process this report any time during January. Processing new payrolls in the
new year will not adversely effect this report.