When to deposit payroll taxes?
When to deposit your payroll taxes depends on whether you choose a monthly deposit schedule or a semi-weekly deposit schedule at the beginning of the year.
When to make your monthly deposit?
As a monthly schedule depositor, you deposit your employment tax liability incurred the prior month by the 15th of the current month. For instance, you deposit November payroll tax by December 15th.
When do you make a semiweekly deposit?
More details can be found in the IRS Publication 15 Employer Tax Guide Section 11 or page 28.
If you pay wages on Saturday, Sunday, Monday, Tuesday, make your employment tax deposit by Friday.
If you pay wages on Wednesday, Thursday, Friday, make your employment tax deposit by Wednesday.
You make a semi-weekly payroll tax deposit on Wednesdays and Fridays of the week.
Conclusion: When to deposit payroll taxes?
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