Set a company's federal deposit schedule

Last updated 2026-09-03For: Accountant, Small business

This guide covers: how the federal deposit schedule is determined, and how to change it when needed.

How it's determined

What it does: The federal deposit schedule — monthly, semi-weekly, or next-day — sets how often 941 taxes are deposited and drives the deposit due dates.

Payrollix classifies it automatically from the IRS lookback rule: if total employment tax in the 4-quarter lookback period exceeded $50,000, the company is a semi-weekly depositor; otherwise monthly. Payrollix also applies the $100,000 one-day rule automatically — if a single day's liability reaches $100,000, that deposit is due the next business day and the company becomes semi-weekly going forward.

You can see the current classification on the Tax Payments screen ("monthly depositor" / "semiweekly depositor").

Change it manually

When to use: Override only when you know the IRS classification differs from what Payrollix computed. The most common case is a mid-year takeover — the company's prior-year liability isn't in Payrollix yet, so it defaults to monthly when the IRS actually has it as semi-weekly.

Where: Client → SettingsTaxes tab → Federal deposit schedule.

Steps:

  1. Open the client and go to Settings → Taxes.
  2. Under Federal deposit schedule, choose Monthly, Semi-weekly, or Next-day. (The Auto option shows the current computed value and follows the yearly IRS lookback.)
  3. Click Save changes. The new schedule applies to the Tax Payments screen, deposit due dates, and Form 941.

Leave it on Auto unless an IRS notice tells you otherwise — the automatic classification is correct for the large majority of companies.

For the rules behind monthly vs. semi-weekly and the $2,500 / $100,000 thresholds, see our blog post How Federal Payroll Tax Deposit Schedules Work.

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