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Employer Issues
Reply to "Virginia Unemployment (VEC) Reporting Requirements Question"
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[quote=webbkathy]Did you have any quarters in 2011 or 2012 that were over $1000? If the answer is yes, you need to file and pay unemployment taxes on the wages you paid even in the quarters under $1000. You can only opt out after a full calendar year of payrolls all under $1000/quarter. Ditto for FUTA.[/quote]
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