[Revenews] PayrollTax News LISTSERV: Clarification

[TAVARES Cathleen M]

Payroll News LISTSERV:

Part 2

 

Additional information and Clarification:

 

Schedule B detail:

 

Employers are generally required to make their payroll deposits at the
same frequency as the federal. Payroll withholding deposits are required
to be made at the time a payroll is issued. For semi weekly depositors,
the deposits are made based on the federal due dates: 



1.	If the payroll date falls on Wednesday, Thursday or Friday, the
deposit is made by the following Wednesday.
2.	If the payroll date is Saturday, Sunday, Monday or Tuesday, it
is made the following Friday.

 

The Schedule B detail reflects the date of the actual payroll and the
amount of withholding from employees paychecks at that time. Since the
total amount that was withheld from the employees should be deposited by
the due date, the deposit should match the Schedule B detail.  

 

In addition, it is important not to combine deposits or make a partial
deposit for a pay period and attach the balance on a different deposit
later on. It is also important to indicate what was actually withheld
from your employees on the Schedule B for that pay period, since it
needs to match the deposit.  

 

Hopefully this clarifies the earlier LISTSERV information sent January
26th. 

 

The Payrolltax-News e-mail list provides employers with complete and up
to date payroll tax information. information. Employers can request
additional information by e-mailing payroll.help.dor at state.or.us

Questions about list content and subscription problems should be
directed to the list owner: 

Cathy Tavares
Oregon Department of Revenue
cathleen.m.tavares at state.or.us
503 945-8762 

 

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