[Code of Federal Regulations]
[Title 26, Volume 15]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR31.6302-0]

[Page 371]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 31_EMPLOYMENT TAXES AND COLLECTION OF INCOME TAX AT SOURCE--Table of Contents
 
Subpart G_Administrative Provisions of Special Application to Employment 
Taxes (Selected Provisions of Subtitle F, Internal Revenue Code of 1954)
 
Sec. 31.6302-0  Table of Contents.

    This section lists the captions that appear in Sec. Sec. 31.6302-1 
through 31.6302-3.

 Section 31.6302-1 Federal tax deposit rules for withheld income taxes 
     and taxes under the Federal Insurance Contributions Act (FICA) 
         attributable to payments made after December 31, 1992.

    (a) Introduction.
    (b) Determination of status.
    (1) In general.
    (2) Monthly depositor.
    (i) In General.
    (ii) Special rule.
    (3) Semi-weekly depositor.
    (4) Lookback period.
    (5) Adjustments.
    (c) Deposit rules.
    (1) Monthly rule.
    (2) Semi-Weekly rule.
    (i) In general.
    (ii) Semi-weekly period spanning two return periods.
    (iii) Special rule for non-banking days.
    (3) Exception--One Day rule.
    (4) Deposits required only on banking days.
    (d) Examples.
    (e) Employment taxes defined.
    (f) Safe harbor/De Minimis rules.
    (1) Single deposit safe harbor.
    (2) Shortfall defined.
    (3) Shortfall make-up date.
    (i) Monthly rule.
    (ii) Semi-Weekly and One-Day rule.
    (4) De Minimis rule.
    (5) Examples.
    (g) Agricultural employers--Special rules.
    (1) In general.
    (2) Monthly depositor.
    (3) Semi-weekly depositor.
    (4) Lookback period.
    (5) Example.
    (h) Time and manner of deposit.
    (1) General rules.
    (2) Payment of balance due.
    (3) Federal Tax Deposit (FTD) coupon.
    (4) Procurement of FTD coupons.
    (5) Time deemed deposited.
    (6) Time deemed paid.
    (i) [Reserved]
    (j) Special rules.
    (1) District Director notice exception.
    (2) Wages paid in nonconvertible foreign currency.
    (k) Cross references.
    (1) Failure to deposit penalty.
    (2) Saturday, Sunday, or legal holiday.
    (l) [Reserved]
    (m) Effective date.

 Section 31.6302-2 Federal tax deposit rules for amounts withheld under 
the Railroad Retirement Tax Act (R.R.T.A.) attributable to payments made 
                        after December 31, 1992.

    (a) General rule.
    (b) Separate application of deposit rules.
    (c) Modification of Monthly rule determination.
    (1) General rule.
    (2) Exception.
    (d) Wire-transfer exception.

 Section 31.6302-3 Federal tax deposit rules for amounts withheld under 
 the backup withholding requirements of Section 3406 for payments made 
                        after December 31, 1992.

    (a) General Rule.
    (b) Treatment of backup withholding amounts separately.
    (c) Example.

[T.D. 8436, 57 FR 44102, Sept. 24, 1992]