Contributions
Contributions may have one of the following meanings, depending the context of the term:
1. see charitable contribution deduction.
2. for unemployment insurance tax purposes, payments required by a state to be made into an unemployment fund by any business that has employees, to the extent that such payments are made without being deducted or deductible from the remuneration of these employees. Former IRC (check if this IRC provision is current here) §3306(g).
Leave a Reply