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A Monthly Depositor

Question 35

Multiple Choice

A monthly depositor:


A) is an employer who only has to deposit Form 941 taxes on the 15th day of the month (or next banking day) .
B) is determined by the amount of Form 941 taxes that they paid in the look-back-period.
C) will remain a monthly depositor, once classified, for one year at which time they will be reevaluated.
D) All of the above answers are correct.

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