Tax Calendar
IMPORTANT TAX DATES FOR EVERY BUSINESS PERSON TO REMEMBER
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All U.S. Government tax returns requiring tax payments that are filed
late are subject to a penalty of 5% of the tax due for each month until a maximum of 25% is reached.
You can avoid this penalty if the tax return is filed on time without a check. The penalty attaches to
the form and not the payment. In the case of a fraudulent failure to file a return, the failure to
file penalty increases to 15% a month until a maximum of 75% is reached. Interest and penalties will
be due on underpayments. |
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| Monthly Items |
- 15th of every month – Payment by employer of Federal taxes withheld during preceding month
- 15th of every month – Payment by employer of State taxes withheld during preceding month
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| Jan. |
01 -- Form W-4 -- Employee status determination date.
15 -- Amended declaration return of estimated tax may be filed.
15 -- Farmers may file declaration return and pay estimated tax in full
(see -- Feb. 15 below).
15 -- Final payment of estimated tax by individuals and corporations who have
previously made declarations.
31 -- Employer furnishes each employee Form W-2, showing wages and taxes
withheld during prior year.
31 -- Form 941 -- Quarterly return by employer of taxes withheld during preceding
quarter plus employer and employee Social Security
and Medicare taxes.
31 -- Quarterly return by employer of State unemployment taxes.
31 -- Form 940 -- Annual return by employer of Federal Unemployment Taxes.
31 -- Distribute Form 1099 -- Statement of interest, dividends and other
payments. |
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| Feb. |
15 -- Farmers may file a final return and pay the tax in full to eliminate need for
filing original or amended declaration return.
28 -- Form 1096 -- Reconciliation of annual information returns, Form 1099.
28 -- Form W-3 -- Reconciliation of wages and taxes withheld. |
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| Mar. |
15 -- Form 1120 -- Corporation income tax return due for those on calendar
year basis. |
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| April |
15 -- Form 1040 -- Individual income tax return for prior calendar year
15 -- Final income tax return of Taxpayer who died in prior year.
15 -- Form 1065 -- Partnership return due for those on calendar year basis.
15 -- Form 1040 ES – Payment due - 1st Quarter current years estimated tax due.
15 -- Depositary form and payment of corporate estimate due.
30 -- Form 941 -- Quarterly return by employer of taxes withheld during preceding
quarter plus employer and employee Social Security
and Medicare taxes.
30 -- Quarterly return by employer of State Unemployment Taxes.
30 -- Depositary form and payment of Federal Unemployment Taxes. |
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| June |
15 -- Form 1040 ES – Payment due – 2nd Quarter current years estimated tax due.
15 -- Depositary form and payment of corporate estimate due. |
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| July |
31 -- Form 941 -- Quarterly return by employer of taxes withheld during preceding
quarter plus employer and employee Social Security
and Medicare taxes.
31 -- Quarterly return by employer of State Unemployment Taxes.
31 -- Depositary form and payment of Federal Unemployment Taxes. |
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| Sept. |
15 -- Form 1040 ES – Payment due – 3rd Quarter current years estimated tax due.
15 -- Form 1040 ES -- Amended declaration return may be filed.
15 -- Depositary form and payment of corporate estimate due. |
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| Oct. |
31 -- Form 941 -- Quarterly return by employer of taxes withheld during preceding
quarter plus employer and employee Social Security
and Medicare taxes.
31 -- Quarterly return by employer of State Unemployment Taxes.
31 -- Depositary form and payment of Federal Unemployment Taxes. |
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| Nov. |
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| Dec. |
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