A Monthly Depositor

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 prior year.
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.