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Generally, social security and Medicare taxes
and withheld income taxes are reported together on Form 941. This
is a quarterly return due one month after the end of each calendar
quarter. The period covered are the same whether you use a fiscal
year or the calendar year as your tax year. The due dates are
therefore, April 30, July 31, October 31, and January 31. However,
if you must deposit any tax and you deposit it on time and in full, you
are given an extra 10 days to file the return. For more
information on deposit rules and penalties for late deposits see section
11 of publication 15, Circular E, Employer's Tax Guide. |
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