If federal tax deposit is 100000 or greater when does it need to be made?

If a federal tax deposit is $100,000 or greater, it must be made on the same day the tax liability is incurred. This means that if the amount of tax due reaches this threshold, it must be deposited electronically by the end of the day. Additionally, businesses are generally required to use the Electronic Federal Tax Payment System (EFTPS) for such deposits. Failure to make the deposit on time may result in penalties and interest charges.