USA Taxes on Form 1120

Dec 27, 2012
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I am a member of a tiny LLC which has elected to be treated as a Corp for taxation. Therefore, we file a Form 1120 tax return. We use the cash method of accounting. At the end of 2012 we will pay the members some bonuses so as to ensure the company does not show a profit. This year-end payroll will generate significant (for us) employer payroll taxes. The electronic payment will be transmitted to the IRS, but, per IRS deposit rules, these taxes are not required to be debited from our bank account until Jan 15th of 2013. In order to deduct these payroll taxes on our 2012 Form 1120, are we required to have those taxes debited by December 31st, 2012?


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