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Multiple Choice

For calendar year 2010, the 941 look-back period begins on July 1, 2008 and ends on June 30, 2009. Which option correctly states this period?

Look-back period is the 12-month window used to determine your Form 941 payroll tax deposit method (monthly vs semiweekly). This window ends on June 30 of the year before the year you’re filing for and starts on July 1 of the prior year. For calendar year 2010, that means July 1, 2008 through June 30, 2009. The other ranges either reflect the calendar year itself, or a period not aligned with the look-back rule (for example, the period ending June 30, 2010 would apply to the next year, not 2010).

Look-back period is the 12-month window used to determine your Form 941 payroll tax deposit method (monthly vs semiweekly). This window ends on June 30 of the year before the year you’re filing for and starts on July 1 of the prior year. For calendar year 2010, that means July 1, 2008 through June 30, 2009. The other ranges either reflect the calendar year itself, or a period not aligned with the look-back rule (for example, the period ending June 30, 2010 would apply to the next year, not 2010).