What Is a Deposit Schedule

There are two deposit schedules—monthly or semiweekly—for determining when you deposit social security and Medicare taxes and withheld federal income tax. These schedules tell you when a deposit is due after a tax liability arises (for example, when you have a payday).

What is EDD deposit schedule?

Accumulated State PIT WithholdingPaydayCalifornia Deposit ScheduleLess than $350Any dayQuarterly$350 to $500Any dayMonthlyMore than $500Wed, Thurs, or FriSemi-weeklyMore than $500Sat, Sun, Mon, or TuesSemi-weekly

How do I know my 941 deposit schedule?

  1. If payday is on Wednesday, Thursday, or Friday, deposits are due the following Wednesday.
  2. If payday is on Saturday, Sunday, Monday, or Tuesday, deposits are due the following Friday.
David Miller

David Miller

Executive Financial & Market Analyst

David Miller brings 15 years of experience in global economics, personal finance strategy, and market dynamics. He specializes in turning complex economic trends into actionable insights for everyday readers.

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