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JANUARY

January 17

  • Individuals. Make a payment of your estimated tax for 2016 if you did not pay your income tax for the year through withholding (or did not pay enough in tax that way). Use Form 1040-ES. This is the final installment date for 2016 estimated tax. However, you don’t have to make this payment if you file your 2015 return and pay any tax due by January 31, 2017.
  • Employers. For Social Security, Medicare, withheld income tax, and non-payroll withholding, deposit the tax for payments in December 2016, if the monthly rule applies.

January 31

  • All businesses. Give annual information statements (Forms 1099) to recipients of certain payments you made during 2016. Payments that are covered include: (1) compensation for workers who are not considered employees, (2) dividends and other corporate distributions, (3) interest, (4) rents, (5) royalties, (6) profit-sharing distributions, (7) retirement plan distributions, (8) original issue discounts, (9) prizes and awards, (10) medical and health care payments, (11) debt cancellations (treated as payment to debtor), (12) payments of Indian gaming profits to tribal members, and (13) cash payments over $10,000. There are different forms for different types of payments.
  • Employers. Give your employees their copies of Form W-2 for 2016. For non-payroll taxes, file Form 945 to report income tax withheld for 2016 on all non-payroll items, such as back-up withholding and withholding on pensions, annuities, and IRAs. For Social Security, Medicare, and withheld income tax, file Form 941 for the fourth quarter of 2016. Deposit or pay any undeposited tax. If your tax liability is less than $2,500, you can pay it with the return. If you deposited the tax for the quarter in full and on time, you have until February 10 to file the return. For federal unemployment tax, file Form 940 (or 940-EZ) for 2016. 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 already deposited the tax for the year in full and on time, you have until February 10 to file the return.

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FEBRUARY

FEBRUARY 15

  • All businesses. Give annual information statements (Forms 1099) to recipients of certain payments you made during 2016. Payments that are covered include: (1) amounts paid in real estate transactions; (2) amounts paid in broker and barter exchange transactions; and (3) payments to attorneys.
  • Employers. For Social Security, Medicare, withheld income tax, and non-payroll withholding, deposit the tax for payments in January if the monthly rule applies.
  • Individuals. If you claimed exemption from income tax withholding last year on the Form W-4 you gave your employer, you must file a new Form W-4 to continue your exemption for another year.

FEBRUARY 16

  • Employers. Begin withholding income tax from the pay of any employee who claimed exemption from withholding in 2016, but did not give you a new Form W-4 to continue the exemption for 2017.

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MARCH

MARCH 15

  • Corporations: File a 2015 calendar-year income tax return (Form 1120) and pay any tax due. If you want an automatic six-month extension of time to file the return, file Form 7004 and deposit what you estimate you owe.
  • S Corporations: File a 2015 calendar year income tax return (Form 1120S) and pay any tax due. Provide each shareholder with a copy of Schedule K-1 (Form 1120S), Shareholder’s Share of Income, Deductions, Credits, etc., or a substitute Schedule K-1. If you want an automatic six-month extension of time to file the return, file Form 7004 and deposit what you estimate you owe.
  • S Corporation Election: File Form 2553, Election by a Small Business Corporation, to choose to be treated as an S corporation beginning with calendar year 2016. If Form 2553 is filed late, S corporation treatment will begin with calendar year 2017.
  • Electing Large Partnerships: Provide each partner with a copy of Schedule K-1 (Form 1065-B), Partner’s Share of Income (Loss) From an Electing Large Partnership, or a substitute Schedule K-1. This due date applies even if the partnership requests an extension of time to file the Form 1065-B by filing Form 7004.
  • Employers: For Social Security, Medicare, withheld income tax, and nonpayroll withholding, deposit the tax for payments in February if the monthly rule applies.

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APRIL

APRIL 18

  • Individuals: File a 2015 income tax return. (If you are a resident of Massachusetts or Maine, Patriots’ Day [April 18] delays the due date for filing your income tax return until April 19.) If you want an automatic six-month extension of time to file the return, file Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return. Then, file Form 1040, 1040A, or 1040EZ by October 17.If you are not paying your 2016 income tax through withholding (or will not pay in enough tax during the year that way), pay the first installment of your 2016 estimated tax. Use Form 1040-ES.
  • Employers: For Social Security, Medicare, withheld income tax, and non-payroll withholding, deposit the tax for payments in March if the monthly rule applies.
  • Household Employers: If you paid cash wages of $1,900 or more in 2015 to a household employee, file Schedule H (Form 1040) with your income tax return and report any household employment taxes. Report any federal unemployment (FUTA) tax on Schedule H if you paid total cash wages of $1,000 or more in any calendar quarter of 2014 or 2015 to household employees. Also report any income tax you withheld for your household employees.
  • Partnerships: File a 2015 calendar-year return (Form 1065). Provide each partner with a copy of Schedule K-1 (Form 1065), Partner’s Share of Income, Deductions, Credits, etc., or a substitute Schedule K-1. If you want an automatic five-month extension of time to file the return and provide Schedule K-1 or a substitute Schedule K-1, file Form 7004. Then, file Form 1065 by September 15.
  • Electing Large Partnerships: File a 2015 calendar-year return (Form 1065-B). If you want an automatic six-month extension of time to file the return, file Form 7004. Then, file Form 1065-B by October 17.
  • Corporations: Deposit the first installment of estimated income tax for 2016.

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MAY

May 1

  • Social security, Medicare, and withheld income tax. File Form 941 for the first quarter of 2016. 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 May 10 to file the return.
  • Federal unemployment tax. Deposit the tax owed through March if more than $500.

May 10

  • Employees who work for tips. If you received $20 or more in tips during April, report them to your employer. You can use Form 4070.
  • Employers. For Social Security, Medicare, and withheld income tax, file Form 941 for the first quarter of 2017. This due date applies only if you deposited the tax for the quarter in full and on time.

May 15

  • Social security, Medicare, and withheld income tax. If the monthly deposit rule applies, deposit the tax for payments in April.
  • Non-payroll withholding. If the monthly deposit rule applies, deposit the tax for payments in April.
  • Employers. For Social Security, Medicare, withheld income tax, and non-payroll withholding, deposit the tax for payments in April if the monthly rule applies.

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JUNE

JUNE 10

  • Employees who work for tips. If you received $20 or more in tips during May, report them to your employer. You can use Form 4070.

June 15

  • Individuals: If you are not paying your 2017 income tax through withholding (or will not pay enough tax during the year that way), pay the second installment of your 2017 estimated tax. If you are a U.S. citizen or resident alien living and working (or on military duty) outside the United States and Puerto Rico, file Form 1040 and pay any tax, interest, and penalties due for 2016. If you want additional time to file your return, file Form 4868 to obtain four additional months to file, then file Form 1040 by October 16.
  • Corporations: Deposit the second installment of estimated tax for 2017.
  • Employers. For Social Security, Medicare, withheld income tax, and non-payroll withholding, deposit the tax for payments in May if the monthly rule applies.
  • Social security, Medicare, and withheld income tax. If the monthly deposit rule applies, deposit the tax for payments in May.
  • Non-payroll withholding. If the monthly deposit rule applies, deposit the tax for payments in May.

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JULY

JULY 15

  • Employers: For Social Security, Medicare, withheld income tax, and non-payroll withholding, deposit the tax for payments in June if the monthly rule applies.

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AUGUST

AUGUST 1

  • Employers: For Social Security, Medicare, and withheld income tax, file Form 941 for the second quarter of 2016. Deposit any undeposited tax. 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 August 10 to file the return. For federal unemployment tax, deposit the tax owed through June if more than $500. If you maintain an employee benefit plan with a calendar year end, file Form 5500 or 5500-EZ for calendar year 2015.

AUGUST 10

  • Employers: For Social Security, Medicare, and withheld income tax, file Form 941 for the second quarter of 2016. This due date applies only if you deposited the tax for the quarter in full and on time.

AUGUST 15

  • Employers: For Social Security, Medicare, withheld income tax, and nonpayroll withholding, deposit the tax for payments in July if the monthly rule applies.

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SEPTEMBER

SEPTEMBER 15

  • Individuals. If you are not paying your 2016 income tax through withholding (or will not pay in enough tax during the year that way), pay the third installment of your 2016 estimated tax. Use Form 1040-ES.
  • Employers. For Social Security, Medicare, withheld income tax, and non-payroll withholding, deposit the tax for payments in August if the monthly rule applies.
  • Corporations. File a 2015 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 six-month extension. Deposit the third installment of estimated income tax for 2016. Use the worksheet Form 1120-W to help estimate tax for the year.
  • S corporations. File a 2015 calendar-year income tax return (Form 1120S) and pay any tax due. This due date applies only if you timely requested an automatic six-month extension. Provide each shareholder with a copy of Schedule K-1 (Form 1120S) or a substitute Schedule K-1.

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OCTOBER

OCTOBER 17

  • Individuals. If you have an automatic six-month extension to file your income tax return for 2015, file Form 1040, 1040A, or 1040EZ and pay any tax, interest, or penalties due.
  • Employers. For Social Security, Medicare, withheld income tax, and non-payroll withholding, deposit the tax for payments in September if the monthly rule applies.
  • Electing large partnerships. If you were given an additional six-month extension, file a 2015 calendar-year tax (Form 1065-B).

October 31

  • Employers. For Social Security, Medicare, and withheld income tax, file Form 941 for the third quarter of 2016. Deposit any un-deposited tax. (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 November 10 to file the return.

For federal unemployment tax, deposit the tax owed through September if more than $500.

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NOVEMBER

November 10

  • Employers: For Social Security, Medicare, and withheld income tax, file Form 941 for the third quarter of 2016. This due date applies only if you deposited the tax for the quarter in full and on time.

November 15

  • Employers: For Social Security, Medicare, withheld income tax, and non-payroll withholding, deposit the tax for payments in October if the monthly rule applies.

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DECEMBER

DECEMBER 15

  • Employers. For Social Security, Medicare, withheld income tax, and non-payroll withholding, deposit the tax for payments in November if the monthly rule applies.
  • Corporations. Deposit the fourth installment of estimated income tax for 2016.

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