Fundamental Payroll Certification (FPC) Practice Exam

When payroll deductions occur on a Friday, the deposits for those deductions are typically made on the following business days, which can include Saturday, Sunday, Monday, or Tuesday. This is due to the fact that financial institutions often process deposits in accordance with their operational schedules, which can accommodate weekends and any potential delays in processing.

In cases where deductions occur right before the weekend, it is standard practice to ensure that the funds are deposited within the established deadlines set by the IRS. Therefore, it’s common for employers to utilize the next few available days, including the weekend and the subsequent Monday and Tuesday, to make the necessary payroll tax deposits.

Other choices do not align with the general practices regarding the timing of payroll deposits associated with Friday deductions. The outlined days represent the broader timeframe in which deposits are made to meet compliance requirements while ensuring funds are accessible in a timely manner.