Abstract: This
calendar notes important tax deadlines for the first quarter of 2019.
Tax calendar
January 15 — Individual taxpayers’ final 2018 estimated
tax payment is due.
January 31 — File 2018 Forms W-2 (“Wage and
Tax Statement”) with the Social Security Administration and provide copies to
your employees.
· File 2018 Forms 1099-MISC (“Miscellaneous
Income”) reporting nonemployee compensation payments in box 7 with the IRS and
provide copies to recipients.
· Most employers must file Form 941 (“Employer’s
Quarterly Federal Tax Return”) to report Medicare, Social Security, and income
taxes withheld in the fourth quarter of 2018. 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 who have an estimated
annual employment tax liability of $1,000 or less may be eligible to file Form
944 (“Employer’s Annual Federal Tax Return”).
· File Form 940 (“Employer’s Annual
Federal Unemployment [FUTA] Tax Return”) for 2018. If your undeposited tax is
$500 or less, you can either pay it with your return or deposit it. If it is
more than $500, you must deposit it. However, if you deposited the tax for the
year in full and on time, you have until February 11 to file the return.
· File Form 943 (“Employer’s Annual
Federal Tax Return for Agricultural Employees”) to report Social Security,
Medicare and withheld income taxes for 2018. 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.
· File Form 945 (“Annual Return of
Withheld Federal Income Tax”) for 2018 to report income tax withheld on all
nonpayroll items, including backup withholding and withholding on pensions,
annuities, IRAs, etc. 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.
February
28 — File 2018
Forms 1099-MISC with the IRS.
March 15 — 2018 tax returns must be filed or
extended for calendar-year partnerships and S corporations. If the return isn’t
extended, this is also the last day for those types of entities to make 2018
contributions to pension and profit-sharing plans.
© 2018