October 2018 Federal tax deadlines for the USA

USA Discussion in 'General Tax Discussion' started by Becky, Sep 25, 2018.

  1. Becky

    Becky Administrator

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    General tax

    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 2017, file Form 1040, 1040A, or 1040EZ and pay any tax, interest, and penalties due.

    Corporations: File a 2017 calendar year income tax return (Form 1120) and pay any tax, interest, and penalties due. This due date applies only if you timely requested an automatic 6-month extension. Otherwise, see April 17, earlier.


    Employers

    October 15
    Social security, Medicare, and withheld income tax:
    If the monthly deposit rule applies, deposit the tax for payments made in September.

    Nonpayroll withholding: If the monthly deposit rule applies, deposit the tax for payments made in September.

    October 31

    Social security, Medicare, and withheld income tax:
    File Form 941 for the third quarter of 2018. Deposit or pay any undeposited tax under the accuracy of deposit rules. 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 timely, properly, and in full, you have until November 13 to file the return.

    Certain small employers: Deposit any undeposited tax if your tax liability is $2,500 or more for 2018 but less than $2,500 for the third quarter.

    Federal unemployment tax: Deposit the tax owed through September if more than $500.


    Excise

    October 1
    Wagering tax:
    File Form 730 and pay the tax on wagers accepted during August.

    Heavy highway vehicle use tax: File Form 2290 and pay the tax for vehicles first used in August.

    October 11

    Communications and air transportation taxes under the alternative method (special September deposit rule):
    Deposit the tax included in amounts billed or tickets sold during the period beginning September 12 and ending September 15.

    October 12

    Regular method taxes (special September deposit rule):
    Deposit the tax for the last 4 days of September.

    October 25

    Communications and air transportation taxes under the alternative method:
    Deposit the tax included in amounts billed or tickets sold during the last 15 days of September.

    October 29

    Regular method taxes:
    Deposit the tax for the first 15 days in October.

    October 31

    Form 720 taxes:
    File Form 720 for the third quarter of 2018.

    Wagering tax: File Form 730 and pay the tax on wagers accepted during September.

    Heavy highway vehicle use tax: File Form 2290 and pay the tax for vehicles first used in September.


    ______________________________________


    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 October 2018. Care should be taken to ensure all deadlines are correctly adhered to.
     
    Becky, Sep 25, 2018
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