Meaning : Federal Tax Deposit
Category : Business
Sub Category : Taxes
What does FTD mean or stand for ?
This is a type of tax payment that is paid directly to a Federal reserve bank and nto to the IRS like how your income tax is paid every year.Regular tax payers need not concern themselves wit this type of deposit,but employee social security ,healthcare security etc are some of the tax payments that need to be made only as a form of FTD.