Which of the following deposit requirements pertains to a semiweekly depositor who has accumulated employment taxes of $17,500 on payday, Saturday, May 16, 20--?
A) No deposit is required until May 18, the next banking day.
B) The undeposited taxes should be carried over to the next payday on May 23.
C) The taxes must be deposited on or before Tuesday, May 19.
D) The taxes must be deposited on or before Friday, May 22.
E) None of the above.
Correct Answer:
Verified
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