loch-6
New Member

Just asking, what does it mean your a monthly depositer in regards to payroll taxes? and if i am a monthly depositer what would i report on form 941? Thanks!

 

Retirement tax questions

A monthly depositor means that your payroll is high enough that you need to make payroll deposits each month, then you file the 941 form each quarter for the 3 months of payroll.  Those monthly deposits will be shown on the total deposits - line 13 of the form 941.

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