Form Ucs-71 - Quarterly Concurrent Employment Report - Florida Department Of Revenue
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1UCS-71
Quarterly Concurrent Employment Report
R. 03/12
Reporting as a common paymaster limits the amount of wages subject to unemployment tax to the first $8,000 of the combined wages for concurrent
employees. This may actually increase the total number of quarterly reports to be filed. Quarterly reports still need to be filed for each corporation/
limited liability company (LLC) to report any non-concurrent employees.
You must complete and submit this form to the Department by the due date of the Employer’s Quarterly Report (UCT-6). If you do not send this form
on time you will lose common paymaster status, and each corporation/LLC will be required to file a Change to Employer’s Quarterly Report (UCT-8A)
within ten days. Tax is due on the taxable wages per employee, not previously reported by each corporation/LLC. If you fail to file the UCT-8A and pay
the additional tax on time, we will assess tax, penalty, and interest and your future tax rate will increase.
Each corporation/LLC must reimburse the common paymaster for wages and payroll taxes paid on its behalf. It must also record and expense wages,
and payroll tax expenses, on its own financial statements for federal income tax purposes.
If a related company/LLC has not been assigned an unemployment tax account number, you must register. To register online go to
UT Account Number
Common Paymaster:
/
/
*Total Quarterly Wages Earned for
For Quarter/Year Ending:
Concurrent Employees (cannot be zero)
UT Account Number
Name of Related Corporations/LLCs
Gross
Taxable
(Attach additional sheets, if necessary.)
*Concurrent wages for the quarter represent wages for services performed for that corporation/LLC and will be expensed as wages for federal
income tax purposes. They will also be recorded as payable to the common paymaster.
Being authorized to execute this report on behalf of the corporations/LLCs named, I confirm that the information provided is true and correct.
Name of common paymaster: ________________________________________________________________________________________________________________________
Authorized signature: _______________________________________________________________________________________________________________________________
Print name: _______________________________________________________________
Phone ( __________ ) ___________________________________________________
Fax this form to:
For assistance call:
Florida Department of Revenue
850-488-5997
PO Box 6510
800-352-3671
Tallahassee FL 32314-6510
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