Question
Determine when each of the following must deposit its Form 941 tax liabilities. Quikstep, a monthly depositor, pays employees on Friday. The total 941 deposit
Determine when each of the following must deposit its Form 941 tax liabilities. Quikstep, a monthly depositor, pays employees on Friday. The total 941 deposit obligation for wages paid on April 14, 2023, is $2,400.- due date is the first Wednesday or Friday after April 15 I 8. a. b. Slowque, a monthly depositor, pays employees on Friday. Its total 941 deposit obligation for wages paid on September 1, 2023, is $2,000. Big Time, a semiweekly depositor, pays employees on Friday. BigTime's 941 deposit obligation for wages paid on Friday, June 30, 2023, is $12,400. C. d. Lopez & Sons, a monthly depositor, pays employees on the 15th and last day of the month. Its 941 deposit obligation for wages paid on June 30, 2023, is $112,400.
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