Latest Newsletter Edition
Upcoming Tax Deadlines
August
| Day | |
|---|---|
| 12 | Social security, Medicare, and withheld income tax – File Form 941 for the second quarter of 2024. This due date applies only if you deposited the tax for the quarter timely, properly, and in full. |
| 12 | 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. |
| 15 | Nonpayroll withholding – If the monthly deposit rule applies, deposit the tax for payments made in July. |
| 15 | Social security, Medicare, and withheld income tax – If the monthly deposit rule applies, deposit the tax for payments made in July. |
September
| Day | |
|---|---|
| 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. |
| 16 | Nonpayroll withholding – If the monthly deposit rule applies, deposit the tax for payments made in August. |
| 16 | Social security, Medicare, and withheld income tax – If the monthly deposit rule applies, deposit the tax for payments made in August. |
| 16 | Corporations – Deposit the third installment of estimated income tax for 2024. |
| 16 | S Corporations – File a 2023 calendar year income tax return (Form 1120-S) and pay any tax, interest, and penalties due. This due date applies only if you timely requested an automatic 6-month extension of time to file the return. Otherwise, see S corporations under March 15, earlier. Provide each shareholder with a copy of their final or amended Schedule K-1 (Form 1120-S) or substitute Schedule K-1 (Form 1120-S) and, if applicable, Schedule K-3 (Form 1120-S) or substitute Schedule K-3 (Form 1120-S). |
| 16 | Partnerships – File a 2023 calendar year return (Form 1065). This due date applies only if you timely requested an automatic 6-month extension. Otherwise, see Partnerships under March 15, earlier. Provide each partner with a copy of their final or amended Schedule K-1 (Form 1065) or substitute Schedule K-1 (Form 1065) and, if applicable, Schedule K-3 (Form 1065) or substitute Schedule K-3 (Form 1065). |
| 16 | Individuals – Make a payment of your 2024 estimated tax if you’re not paying your income tax for the year through withholding (or won’t pay in enough tax that way). Use Form 1040-ES. This is the third installment date for estimated tax in 2024. For more information, see Pub. 505. |
October
| Day | |
|---|---|
| 10 | Employees Who Work for Tips – If you received $20 or more in tips during October, report them to your employer. You can use Form 4070. |
| 15 | Nonpayroll withholding – If the monthly deposit rule applies, deposit the tax for payments made in September. |
| 15 | Social security, Medicare, and withheld income tax – If the monthly deposit rule applies, deposit the tax for payments made in September. |
| 15 | Corporations – File a 2023 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 Corporations under April 15, earlier. |
| 15 | Individuals – If you have an automatic 6-month extension to file your income tax return for 2023, file Form 1040 or Form 1040-SR and pay any tax, interest, and penalties due. |
| 31 | Federal unemployment (FUTA) tax – Deposit the tax owed through September if more than $500. |
| 31 | Certain small employers – Deposit any undeposited tax if your tax liability is $2,500 or more for 2024 but less than $2,500 for the third quarter. |
| 31 | Social security, Medicare, and withheld income tax – File Form 941 for the third quarter of 2024. Deposit or pay any undeposited tax under the accuracy of deposits rule. 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 12 to file the return. |