Becky
VIP Member
- Joined
- Aug 26, 2011
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General
January 11
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.
January 15
Individuals: Make a payment of your estimated tax for 2015 if you didn't pay your income tax for the year through withholding (or didn't pay in enough tax that way). Use Form 1040ES. This is the final installment date for 2015 estimated tax payments. However, you don't have to make this payment if you file your 2015 return (Form 1040) and pay any tax due by February 1, 2016.
Farmers and fishermen: Pay your estimated tax for 2015 using Form 1040ES. You have until April 18 to file your 2015 income tax return (Form 1040). If you don't pay your estimated tax by January 15, you must file your 2015 return and pay any tax due by March 1, 2016, to avoid an estimated tax penalty.
Employers
During January
All employers. Give your employees their copies of Form W2 for 2015 by February 1, 2016. If an employee agreed to receive Form W2 electronically, post it on a website accessible to the employee and notify the employee of the posting by February 1.
January 15
Social security, Medicare, and withheld income tax: If the monthly deposit rule applies, deposit the tax for payments in December 2015.
Nonpayroll withholding: If the monthly deposit rule applies, deposit the tax for payments in December 2015.
Excise
January 12
Communications and air transportation taxes under the alternative method: Deposit the tax included in amounts billed or tickets sold during the first 15 days of December 2015.
January 14
Regular method taxes: Deposit the tax for the last 16 days of December 2015.
January 27
Communications and air transportation taxes under the alternative method: Deposit the tax included in amounts billed or tickets sold during the last 16 days of December 2015.
January 29
Regular method taxes: Deposit the tax for the first 15 days of January.
______________________________________
The above information applies for Calendar Year taxpayers, and was taken from the IRS Tax Calendar for 2016, which can be found here: Publication 509: Tax Calendar 2016
The above list is a general overview and does not necessarily constitute a complete and accurate picture of your / your client's tax obligations for January. Care should be taken to ensure all deadlines are correctly adhered to.
January 11
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.
January 15
Individuals: Make a payment of your estimated tax for 2015 if you didn't pay your income tax for the year through withholding (or didn't pay in enough tax that way). Use Form 1040ES. This is the final installment date for 2015 estimated tax payments. However, you don't have to make this payment if you file your 2015 return (Form 1040) and pay any tax due by February 1, 2016.
Farmers and fishermen: Pay your estimated tax for 2015 using Form 1040ES. You have until April 18 to file your 2015 income tax return (Form 1040). If you don't pay your estimated tax by January 15, you must file your 2015 return and pay any tax due by March 1, 2016, to avoid an estimated tax penalty.
Employers
During January
All employers. Give your employees their copies of Form W2 for 2015 by February 1, 2016. If an employee agreed to receive Form W2 electronically, post it on a website accessible to the employee and notify the employee of the posting by February 1.
January 15
Social security, Medicare, and withheld income tax: If the monthly deposit rule applies, deposit the tax for payments in December 2015.
Nonpayroll withholding: If the monthly deposit rule applies, deposit the tax for payments in December 2015.
Excise
January 12
Communications and air transportation taxes under the alternative method: Deposit the tax included in amounts billed or tickets sold during the first 15 days of December 2015.
January 14
Regular method taxes: Deposit the tax for the last 16 days of December 2015.
January 27
Communications and air transportation taxes under the alternative method: Deposit the tax included in amounts billed or tickets sold during the last 16 days of December 2015.
January 29
Regular method taxes: Deposit the tax for the first 15 days of January.
______________________________________
The above information applies for Calendar Year taxpayers, and was taken from the IRS Tax Calendar for 2016, which can be found here: Publication 509: Tax Calendar 2016
The above list is a general overview and does not necessarily constitute a complete and accurate picture of your / your client's tax obligations for January. Care should be taken to ensure all deadlines are correctly adhered to.
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