Cdk1 activity drives both mitotic entry and the metaphase-to-anaphase transition in all eukaryotes. The kinase Wee1 and the phosphatase Cdc25 regulate the mitotic activity of Cdk1 by the reversible phosphorylation of a conserved tyrosine residue. Mutation of cdc25 in Schizosaccharomyces pombe blocks Cdk1 dephosphorylation and causes cell cycle arrest. In contrast, deletion of MIH1, the cdc25 homolog in Saccharomyces cerevisiae, is viable. Although Cdk1-Y19 phosphorylation is elevated during mitosis in mih1D cells, Cdk1 is dephosphorylated as cells progress into G 1 , suggesting that additional phosphatases regulate Cdk1 dephosphorylation. Here we show that the phosphatase Ptp1 also regulates Cdk1 dephosphorylation in vivo and can directly dephosphorylate Cdk1 in vitro. Using a novel in vivo phosphatase assay, we also show that PP2A bound to Rts1, the budding yeast B56-regulatory subunit, regulates dephosphorylation of Cdk1 independently of a function regulating Swe1, Mih1, or Ptp1, suggesting that PP2A Rts1 either directly dephosphorylates Cdk1-Y19 or regulates an unidentified phosphatase.KEYWORDS Cdc25/Mih1; Cdk1; PP2A; Wee1/Swe1; mitosis M ITOTIC onset is regulated in all eukaryotes by an increase in Cdk1 activity caused by the dephosphorylation of Cdk1 on a conserved inhibitory tyrosine (tyrosine 19 in budding yeast) (Nurse 1990). The Wee1 kinase phosphorylates and inhibits Cdk1 (Gould and Nurse 1989; Parker et al. 1992), and the Cdc25 phosphatase acts as a mitotic inducer by dephosphorylating and activating Cdk1 (Dunphy and Kumagai 1991;Gautier et al. 1991). wee1 mutants in fission yeast shorten G 2 by prematurely activating Cdk1 (Nurse 1975;Russell and Nurse 1987), whereas cdc25 mutants cannot accumulate sufficient Cdk1 activity to enter mitosis and arrest (Russell and Nurse 1986). Both Wee1 and Cdc25 are the targets of numerous cell-cycle checkpoints, all of which delay mitotic entry by activating Wee1 or inhibiting Cdc25 (Kellogg 2003). In budding yeast, Swe1 (the Wee1 homolog) and Mih1 (the Cdc25 homolog) also function prior to mitosis (Russell et al. 1989;Harvey and Kellogg 2003;Pal et al. 2008), but our recent work revealed that overexpression of Swe1 or activation of a Swe1-dependent checkpoint arrests cells in metaphase .Deletion of cdc25 in fission yeast is lethal and arrests cells in G 2 , indicating the essential role of Cdk1-Y15 dephosphorylation in fission yeast (Russell and Nurse 1986). In contrast, although deletion of MIH1 exhibits high Cdk1-Y19 phosphorylation during mitosis, these cells have only mild delays in mitotic entry and anaphase onset and initiate Cdk1-Y19 dephosphorylation at anaphase onset (Russell et al. 1989;Pal et al. 2008;. This behavior argues that at least one additional phosphatase functions redundantly with Mih1.Russell and colleagues (Millar et al. 1992) identified the fission yeast Pyp3 as a phosphatase that functions redundantly with Cdc25. Increased expression of pyp3 or the budding yeast and mammalian homologs PTP1, PTP1B and TC-PTP1, respectively, suppress...