For semi-weekly depositors, if payday falls on Saturday, Sunday, Monday, or Tuesday, when should federal payroll taxes be deposited?

For semi-weekly depositors, the rules regarding federal payroll tax deposits dictate that if a payday falls on Saturday, Sunday, Monday, or Tuesday, the taxes must be deposited by the following Friday. This timing ensures compliance with the IRS regulations that require timely deposits based on the specific pay periods.

When an employer pays their employees on these days, the responsibility to remit the payroll taxes falls on the employer, and the IRS specifies that these must be deposited by Friday of the same week. This allows employers adequate time to process payroll information while still complying with taxation laws.

Consequently, in the scenario described—where payday is on a weekend or early in the week—the correct deposit day being Friday aligns with the IRS schedule for semi-weekly depositors, confirming the answer provided in the question.