The requirements for depositing FICA taxes and income taxes withheld from employees' wages vary according to the amount of such taxes reported during a "lookback period."

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The deposit frequency for FICA taxes and income taxes withheld from employees' wages is determined by the amount reported during the "lookback period," which is typically the prior year. The requirements may vary based on whether the employer is a monthly or semi-weekly depositor.

The Requirements for Depositing FICA Taxes and Income Taxes Withheld