Caution:
Semiweekly schedule depositors must complete Schedule B (Form 941), Report of Tax Liability for Semiweekly Schedule Depositors, and submit it with Form 941. If you file Form 943 and are a semiweekly schedule depositor, complete Form 943-A, Agricultural Employer’s Record of Federal Tax Liability, and submit it with Form 943. If you file Form 944 or Form 945 and are a semiweekly schedule depositor, complete Form 945-A, Annual Record of Federal Tax Liability, and submit it with your return.
Table 2. Semiweekly Deposit Schedule
IF the payday falls on a... THEN deposit taxes by the following... Wednesday, Thursday, and/or Friday Wednesday. Saturday, Sunday, Monday, and/or Tuesday Friday.
Semiweekly deposit period spanning 2 quarters (Form 941 filers).
If you have more than 1 pay date during a semiweekly period and the pay dates fall in different calendar quarters, you’ll need to make separate deposits for the separate liabilities.
Example.
If you have a pay date on Wednesday, September 30, 2026 (third quarter), and another pay date on Friday, October 2, 2026 (fourth quarter), two separate deposits would be required even though the pay dates fall within the same semiweekly period. Both deposits would be due on Wednesday, October 7, 2026.
Semiweekly deposit period spanning 2 return periods (Form 943, Form 944, or Form 945 filers).
The period covered by a return is the return period. The return period for annual Form 943, Form 944, and Form 945 is a calendar year. If you have more than 1 pay date during a semiweekly period and the pay dates fall in different return periods, you’ll need to make separate deposits for the separate liabilities. For example, if a return period ends on Thursday, taxes accumulated on Wednesday and Thursday are subject to one deposit obligation, and taxes accumulated on Friday are subject to a separate obligation. Separate deposits are required because 2 different return periods are affected.
Summary of Steps To Determine Your Deposit Schedule 1. Identify your lookback period (see Lookback period , earlier in this section). 2. Add the total taxes you reported on Forms 941, line 12; Form 943, line 13; Form 944, line 9; or Form 945, line 3, during the lookback period. 3. Determine if you’re a monthly or semiweekly schedule depositor: IF the total taxes you reported in the lookback period were... THEN you’re a... $50,000 or less monthly schedule depositor. more than $50,000 semiweekly schedule depositor.