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Special Enrollment Examination
Part 1SEE Part 1: Individuals✓Part 2SEE Part 2: BusinessesPart 3SEE Part 3: Representation, Practices and ProceduresAn employer is a monthly schedule depositor for 2025 if its total Form 941 taxes during the lookback period were:
For Form 941 filers, the deposit schedule depends on total taxes reported in the lookback period (July 1 two years earlier through June 30 of the prior year; July 1, 2023 to June 30, 2024 for 2025). $50,000 or less makes the employer a monthly depositor; more than $50,000, a semiweekly depositor. Accumulating $100,000 on any day triggers a next-day deposit. Source: Treas. Reg. 31.6302-1(b); Pub. 15 (2025 and 2026 editions), section 11. Tax year: 2025 (law as of 31 Dec 2025).
Confusing the $50,000 lookback test with the $100,000 next-day rule.
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