|
December 2007 |
| |
 |
| December 10 |
Employees who work for
tips. If you received $20 or more in tips during November,
report them to your employer. You can use Form 4070. |
| |
|
|
December 17 |
Corporations.
Deposit the fourth installment of estimated income tax for 2007.
A worksheet, Form 1120-W, is available to help you estimate your
tax for the year. |
| |
|
| |
Employers Social
security, Medicare, and withheld income tax - If the monthly
deposit rule applies, deposit the tax for payments in November.
|
| |
|
| |
Employers Non-payroll
withholding - If the monthly deposit rule applies, deposit the
tax for payments in November. |
|
|
|
|
January 2008 |
| |
|
|
All employers - Give
your employees their copies of Form W-2 for 2007 by January 31,
2008. If an employee agreed to receive Form W-2 electronically,
post it on a website accessible to the employee and notify the
employee of the posting by January 31st. |
| |
|
| January 1 |
Employers - Stop
advance payments of the earned income credit for any employee
who did not give you a new Form W-5 for 2008. |
| |
|
|
January 10 |
Employees who
work for tips - If you received $20 or more in tips during
December, report them to your employer. You can use Form 4070
Employee's Report of Tips to Employer. |
| |
|
| January 15 |
Employers - Social
Security, Medicare and withheld income tax. If the monthly
deposit rule applies, deposit the tax for payments in December
2007. |
| |
|
| |
Individuals-
Make a payment of your estimated tax for 2007 if you did not pay
your income tax for the year through withholding (or did not pay
in enough tax that way). Use Form 1040-ES. This is the final
installment date for 2007 estimated tax. However, you do not
have to make this payment if you file your 2007 return (Form
1040) and pay any tax due by January 31, 2008. |
| |
|
| |
Employers - Non-payroll
Withholding If the monthly deposit rule applies, deposit the
tax for payments in December 2007. |
| |
|
|
January 31 |
Employers
- Federal unemployment tax. File Form 940 (or 940-EZ) for 2007.
If your un-deposited tax is $100 or less, you can either pay it
with your return or deposit it. If it is more than $100, you
must deposit it. However, if you already deposited the tax for
the year in full and on time, you have until February 11 to file
the return. |
| |
|
| |
Employers
- Social security, Medicare, and withheld income tax. File Form
941 for the fourth quarter of 2006. Deposit any un-deposited
tax. (If your tax liability is less than $2,500, you can pay it
in full with a timely filed return.) If you deposited the tax
for the quarter in full and on time, you have until February 11
to file the return. |
| |
|
| |
Employers
- Non-payroll taxes. File Form 945 to report income tax withheld
for 2007 on all non-payroll items, including backup withholding
and withholding on pensions, annuities, IRAs, gambling winnings,
and payments of Indian gaming profits to tribal members. Deposit
any un-deposited tax. (If your tax liability is less than
$2,500, you can pay it in full with a timely filed return.) If
you deposited the tax for the year in full and on time, you have
until February 11 to file the return. |
| |
|
| |
Employers - Give your
employees their copies of Form W-2 for 2007. If an employee
agreed to receive Form W-2 electronically, post it on a website
accessible to the employee and notify the employee of the
posting by January 31st. |
| |
|
| |
Individuals - File
your income tax return (Form 1040) for 2007 if you did not pay
your last installment of estimated tax by January 15. Filing
your return and paying any tax due by January 31 prevents any
penalty for late payment of last installment. |
| |
|
| |
All Businesses - Give
annual information statements to recipients of 1099 payments
made during 2007. |
| |
|
|
February 2008 |
| |
|
|
February 11 |
Employers
- Federal unemployment tax. File Form 940 (or 940-EZ) for 2007.
This due date applies only if you deposited the tax for the year
in full and on time. |
| |
|
| |
Employers
- Social security, Medicare, and withheld income tax. File Form
941 for the fourth quarter of 2007. This due date applies only
if you deposited the tax for the quarter in full and on time. |
| |
|
| |
Employers
- Non-payroll taxes. File Form 945 to report income tax withheld
for 2007 on all non-payroll items. This due date applies only if
you deposited the tax for the year in full and on time. |
| |
|
| |
Employees who
work for tips - If you received $20 or more in tips during
January, report them to your employer. You can use Form 4070. |
| |
|
|
February 15 |
Employers
- Social security, Medicare, and withheld income tax. If the
monthly deposit rule applies, deposit the tax for payments in
January. |
| |
|
| |
Employers -
Non-payroll withholding. If the monthly deposit rule applies,
deposit the tax for payments in January. |
| |
|
| |
Individuals
- If you claimed exemption from income tax withholding last year
on the Form W-4 you gave your employer, you must file a new Form
W-4 by this date to continue your exemption for another year. |
| |
|
|
|
Employers
- Begin withholding income tax from the pay of any employee who
claimed exemption from withholding in 2007, but did not give you
a new Form W-4 to continue the exemption this year. |
| |
|
|
February 28 |
All
businesses - File information returns (Form 1099) for
certain payments you made during 2007. These payments are
described under January 31. There are different forms for
different types of payments. Use a separate Form 1096 to
summarize and transmit the forms for each type of payment. See
the 2007 Instructions for Forms 1099, 1098, 5498, and W-2G
for information on what payments are covered, how much the
payment must be before a return is required, what form to use,
and extensions of time to file.
If you file Forms 1098, 1099, or W-2G
electronically (not by magnetic media), your due date for filing
them with the IRS will be extended to March 31. The due date for
giving the recipient these forms will still be January 31. |
| |
|
| |
Employers
- File Form W-3, Transmittal of Wage and Tax Statements, along
with Copy A of all the Forms W-2 you issued for 2007.
If you file Forms W-2 electronically (not
by magnetic media), your due date for filing them with the SSA
will be extended to March 31. The due date for giving the
recipient these forms will still be January 31. |
|
|
|
|
March 2008 |
| |
|
| March 12 |
Employees who work for
tips. - If you received $20 or more in tips during February,
report them to your employer. You can use Form 4070. |
| |
|
| March 17 |
Employers -
Non-payroll withholding. If the monthly deposit rule applies,
deposit the tax for payments in February. |
| |
|
| |
Employers
- Social security, Medicare, and withheld income tax. If the
monthly deposit rule applies, deposit the tax for payments in
February. |
| |
|
| |
Corporations
- File a 2007 calendar year income tax return (Form 1120 or
1120-A) and pay any tax due. If you want an automatic 6-month
extension of time to file the return, file Form 7004 and deposit
what you estimate you owe. |
| |
|
| |
S corporations
- File a 2007 calendar year income tax return (Form 1120S) and
pay any tax due. Provide each shareholder with a copy of
Schedule K-1 (Form 1120S), Shareholder's Share of Income,
Credits, Deductions, etc., or a substitute Schedule K-1. If
you want an automatic 6-month extension of time to file the
return, file Form 7004 and deposit what you estimate you owe. |
| |
|
| |
Electing
large partnerships - Provide each partner with a copy of
Schedule K-1 (Form 1065-B), Partner's Share of Income (Loss)
From an Electing Large Partnership. This due date is
effective for the first March 15 following the close of the
partnership's tax year. The due date of March 15 applies even if
the partnership requests an extension of time to file the Form
1065-B by filing Form 8736 or Form 8800. |
| |
|
| |
S corporation
election - File Form 2553, Election by a Small Business
Corporation, to choose to be treated as an S corporation
beginning with calendar year 2008. If Form 2553 is filed late, S
treatment will begin with calendar year 2009. |
| |
|
| March 31 |
Electronic filing of Forms
1098, 1099, and W-2G. File Forms 1098, 1099, or W-2G with
the IRS. This due date applies only if you file electronically
(not by magnetic media). Otherwise, see February 28.
The due date for giving the recipient
these forms will still be January 31.
For information about filing Forms 1098,
1099, or W-2G electronically, see Publication 1220,
Specifications for Filing Forms 1098, 1099, 5498 and W-2G
Magnetically or Electronically. |
| |
|
|
April 2008 |
| |
|
|
April 10 |
Employees who
work for tips. If you received $20 or more in tips during
March, report them to your employer. You can use Form 4070.
|
| |
|
| April 15 |
Individuals. File an
income tax return for 2007 (Form 1040, 1040A, or 1040EZ) and pay
any tax due. If you want an automatic 6-month extension of time
to file the return, file Form 4868, Application for Automatic
Extension of Time To File U.S. Individual Income Tax Return, or
you can get an extension by phone if you pay part or all of your
estimate of income tax due with a credit card. Then file Form
1040, 1040A, or 1040EZ by October 15. |
| |
|
| |
Household
employers. If you paid cash wages of $1,500 or more in 2007
to a household employee, file Schedule H (Form 1040) with your
income tax return and report any employment taxes. Report any
federal unemployment (FUTA) tax on Schedule H if you paid total
cash wages of $1,000 or more in any calendar quarter of 2006 or
2007 to household employees. Also report any income tax you
withheld for your household employees. |
| |
|
| |
Individuals.
If you are not paying your 2008 income tax through withholding
(or will not pay in enough tax during the year that way), pay
the first installment of your 2008 estimated tax. Use Form
1040-ES. |
| |
|
| |
Partnerships. File a
2007 calendar year return (Form 1065). Provide each partner with
a copy of Schedule K-1 (Form 1065), Partner's Share of Income,
Credits, Deductions, etc., or a substitute Schedule K-1. If you
want an automatic 6-month extension of time to file the return
and provide Schedule K-1 or a substitute Schedule K-1, file Form
7004. Then file Form 1065 by October 15. |
| |
|
| |
Electing large
partnerships. File a 2007 calendar year return (Form
1065-B). If you want an automatic 6-month extension of time to
file the return, file Form 7004. Then file Form 1065-B by
October 15. See March 15 for the due date for furnishing the
Schedules K-1 to the partners. |
| |
|
| |
Corporations.
Deposit the first installment of estimated income tax for 2008.
A worksheet, Form 1120-W, is available to help you estimate your
tax for the year. |
| |
|
| |
Employers -
Non-payroll withholding. If the monthly deposit rule applies,
deposit the tax for payments in March. |
| |
|
| |
Employers
- Social security, Medicare, and withheld income tax. If the
monthly deposit rule applies, deposit the tax for payments in
March. |
| |
|
| |
|
| April 30 |
Employers Social
Security, Medicare, and withheld income tax. File form 941 for
the first quarter of 2008. Deposit any un-deposited tax. (If
your tax liability is less than $2,500, you can pay it in full
with a timely filed return.) If you deposited the tax for the
quarter in full and on time, you have until May 10 to file the
return. |
| |
|
|
Employers Federal
Unemployment Tax. Deposit the tax owed through March if more
than $500. |
|
|
|
|
May 2008 |
| |
|
| |
|
| May 12 |
Employers Social
Security, Medicare, and withheld income tax. File form 941 for
the first quarter of 2008. This due date applies only if you
deposited the tax for the quarter in full and on time. |
| |
|
| |
|
| |
Employees who work for
tips. If you received $20 or more in tips during April,
report them to your employer. You can use Form 4070. |
| |
|
| May 15 |
Employers -
Non-payroll withholding. If the monthly deposit rule applies,
deposit the tax for payments in April. |
| |
|
| |
Employers
- Social security, Medicare, and withheld income tax. If the
monthly deposit rule applies, deposit the tax for payments in
April. |
| |
|
|
June 2008 |
| |
|
| June 10 |
Employees who work for
tips. If you received $20 or more in tips during May, report
them to your employer. You can use Form 4070. |
| |
|
| June 16 |
Individuals. If you
are a U.S. citizen or resident alien living and working (or on
military duty) outside the United States and Puerto Rico, file
Form 1040 and pay any tax, interest, and penalties due.
Otherwise, see April 15. If you want additional time to file
your return, file Form 4868 to obtain 4 additional months to
file. Then file Form 1040 by October 15.
However, if you are a participant in a
combat zone you may be able to further extend the filing
deadline. |
| |
|
| |
Individuals.
Make a payment of your 2008 estimated tax if you are not paying
your income tax for the year through withholding (or will not
pay in enough tax that way). Use Form 1040-ES. This is the
second installment date for estimated tax in 2008. |
| |
|
| |
Corporations.
Deposit the second installment of estimated income tax for 2008.
A worksheet, Form 1120-W, is available to help you estimate your
tax for the year. |
| |
|
| |
Employers -
Non-payroll withholding. If the monthly deposit rule applies,
deposit the tax for payments in May. |
| |
|
| |
Employers
- Social security, Medicare, and withheld income tax. If the
monthly deposit rule applies, deposit the tax for payments in
May. |
| |
|
|
July 2008 |
| |
|
| July 10 |
Employees who work for
tips. If you received $20 or more in tips during June,
report them to your employer. You can use Form 4070. |
| |
|
| July 15 |
Employers -
Non-payroll withholding. If the monthly deposit rule applies,
deposit the tax for payments in June. |
| |
|
| |
Employers
- Social security, Medicare, and withheld income tax. If the
monthly deposit rule applies, deposit the tax for payments in
June. |
| |
|
| July 31 |
Employers Social
Security, Medicare, and withheld income tax. File form 941 for
the second quarter of 2007. Deposit any un-deposited tax. (If
your tax liability is less than $2,500, you can pay it in full
with a timely filed return.) If you deposited the tax for the
quarter in full and on time, you have until August 10 to file
the return. |
| |
|
|
Employers Federal
Unemployment Tax. Deposit the tax owed through June if more than
$500. |
| |
|
|
Employers If you
maintain an employee benefit plan, such as a pension, profit
sharing, or stock bonus plan, file Form 5500 or 5500-EZ for
calendar year 2007. If you use a fiscal year as your plan year,
file the form by the last day of the seventh month after the
plan year ends. |
|
|
|
|
August 2008 |
| |
|
| August 11 |
Employers Social
Security, Medicare, and withheld income tax. File form 941 for
the second quarter of 2007. This due date applies only if you
deposited the tax for the quarter in full and on time. |
| |
|
|
Employees who work for
tips. If you received $20 or more in tips during July,
report them to your employer. You can use Form 4070. |
| |
|
| August 15 |
Employers -
Non-payroll withholding. If the monthly deposit rule applies,
deposit the tax for payments in July. |
| |
|
| |
Employers
- Social security, Medicare, and withheld income tax. If the
monthly deposit rule applies, deposit the tax for payments in
July. |
| |
|
|
September 2008 |
| |
|
| September 10 |
Employees who work for
tips. If you received $20 or more in tips during August,
report them to your employer. You can use Form 4070. |
| |
|
|
September 15 |
Individuals.
Make a payment of your 2008 estimated tax if you are not paying
your income tax for the year through withholding (or will not
pay in enough tax that way). Use Form 1040-ES. This is the third
installment date for estimated tax in 2008. |
| |
|
| |
Corporations.
File a 2007 calendar year income tax return (Form 1120 or
1120-A) and pay any tax due. This due date applies only if you
timely requested an automatic 6-month extension. Otherwise, see
March 15. |
| |
|
| |
S
corporations. File a 2007 calendar year income tax return
(Form 1120S) and pay any tax due. This due date applies only if
you timely requested an automatic 6-month extension. Otherwise,
see March 15. Provide each shareholder with a copy of Schedule
K-1 (Form 1120S) or a substitute Schedule K-1. |
| |
|
| |
Corporations.
Deposit the third installment of estimated income tax for 2008.
A worksheet, Form 1120-W, is available to help you make an
estimate of your tax for the year. |
| |
|
| |
Employers -
Non-payroll withholding. If the monthly deposit rule applies,
deposit the tax for payments in August. |
| |
|
| |
Employers
- Social security, Medicare, and withheld income tax. If the
monthly deposit rule applies, deposit the tax for payments in
August. |
| |
|
|
October 2008 |
| |
|
| October 10 |
Employees who work for
tips. If you received $20 or more in tips during September,
report them to your employer. You can use Form 4070. |
| |
|
| October 15 |
Individuals. If you
have an automatic 6-month extension to file your income tax
return for 2007, file Form 1040, 1040A, or 1040EZ and pay any
tax, interest, and penalties due. |
| |
|
| |
Partnerships.
File a 2007 calendar year return (Form 1065). This due date
applies only if you were given an additional 6-month extension.
Provide each partner with a copy of Schedule K-1 (Form 1065) or
a substitute K-1. |
| |
|
| |
Electing large
partnerships. File a 2007 calendar year return (Form
1065-B). This due date applies only if you were given an
additional 6-month extension. See March 15 for the due date for
furnishing the Schedules K-1 to the partners. |
| |
|
| |
Employers -
Non-payroll withholding. If the monthly deposit rule applies,
deposit the tax for payments in September. |
| |
|
| |
Employers
- Social security, Medicare, and withheld income tax. If the
monthly deposit rule applies, deposit the tax for payments in
September. |
| |
|
| |
|
| October 31 |
Employers Social
Security, Medicare, and withheld income tax. File form 941 for
the third quarter of 2008. Deposit any un-deposited tax. (If
your tax liability is less than $2,500, you can pay it in full
with a timely filed return.) If you deposited the tax for the
quarter in full and on time, you have until November 10 to file
the return. |
| |
|
|
Employers Federal
Unemployment Tax. Deposit the tax owed through September if more
than $500. |
