Please review the calendar and let us know if you have any questions about the deadlines or would like assistance in meeting them.
Date | Deadline for: |
---|---|
January 31 |
Individuals: Filing a 2019 income tax return (Form 1040) and paying tax due, to avoid penalties for underpaying the January 15 installment of estimated taxes. Businesses: Providing Form 1098, Form 1099 (except for those that have a February 18 deadline) and Form W-2G to recipients. Filing Form 1099 if it includes payments for nonemployee compensation in Box 7. Employers: Providing 2019 Form W-2 to employees. Reporting income tax withholding and FICA taxes for fourth quarter 2019 (Form 941). Filing an annual return of federal unemployment taxes (Form 940) and paying any tax due. Employers: Filing 2019 Form W-2 (Copy A) and transmittal Form W-3 with the Social Security Administration. |
February 10 |
Employers: Reporting income tax withholding and FICA taxes for fourth quarter 2019 (Form 941) and filing a 2019 return for federal unemployment taxes (Form 940), if you deposited on time and in full all of the associated taxes due. |
February 18 |
Businesses: Providing Form 1099-B, 1099-S and certain Forms 1099-MISC (those in which payments in Box 8 or Box 14 are being reported) to recipients. Individuals: Filing a new Form W-4 to continue exemption for another year, if you claimed exemption from federal income tax withholding in 2019. |
February 28 | Businesses: Filing Form 1098, Form 1099 (other than those with a January 31 or February 18 deadline) and Form W-2G and transmittal Form 1096 for interest, dividends and miscellaneous payments made during 2019. (Electronic filers can defer filing to March 31.) |
March 16 |
Calendar-year S corporations: Filing a 2019 income tax return (Form 1120S) or filing for an automatic six-month extension (Form 7004) and paying any tax due. Calendar-year partnerships: Filing a 2019 income tax return (Form 1065 or Form 1065-B) or requesting an automatic six-month extension (Form 7004). |
March 31 | Employers: Electronically filing 2019 Form 1097, Form 1098, Form 1099 (other than those with an earlier deadline) and Form W-2G. |
April 15 |
Individuals: Filing a 2019 income tax return (Form 1040) or filing for an automatic six-month extension (Form 4868) and paying any tax due. (See June 15 for an exception for certain taxpayers.) Individuals: Paying the first installment of 2020 estimated taxes, if not paying income tax through withholding (Form 1040-ES). Individuals: Making 2019 contributions to a traditional IRA or Roth IRA (even if a 2019 income tax return extension is filed). Individuals: Making 2019 contributions to a SEP or certain other retirement plans (unless a 2019 income tax return extension is filed). Individuals: Filing a 2019 gift tax return (Form 709) or filing for an automatic six-month extension (Form 8892) and paying any gift tax due. Filing for an automatic six-month extension (Form 4868) to extend both Form 1040 and, if no gift tax is due, Form 709. Household employers: Filing Schedule H (Form 1040), if wages paid equal $2,100 or more in 2019 and Form 1040 isn’t required to be filed. For those filing Form 1040, Schedule H is to be submitted with the return and is thus extended to the due date of the return. Trusts and estates: Filing an income tax return for the 2019 calendar year (Form 1041) or filing for an automatic five-and-a-half month extension to October 1 (Form 7004) and paying any income tax due. Calendar-year corporations: Filing a 2019 income tax return (Form 1120) or filing for an automatic six-month extension (Form 7004) and paying any tax due. Calendar-year corporations: Paying the first installment of 2020 estimated income taxes. |
April 30 | Employers: Reporting income tax withholding and FICA taxes for first quarter 2020 (Form 941), and paying any tax due. |
May 11 |
Employers: Reporting income tax withholding and FICA taxes for first quarter 2020 (Form 941), if you deposited on time and in full all of the associated taxes due. |
May 15 |
Exempt organizations: Filing a 2019 calendar-year information return (Form 990, Form 990-EZ or Form 990-PF) or filing for an automatic six-month extension (Form 8868) and paying any tax due. Small exempt organizations (with gross receipts normally of $50,000 or less): Filing a 2019 e-Postcard (Form 990-N), if not filing Form 990 or Form 990-EZ. |
June 15 |
Individuals: Filing a 2019 individual income tax return (Form 1040) or filing for a four-month extension (Form 4868) and paying any tax and interest due, if you live outside the United States. Individuals: Paying the second installment of 2020 estimated taxes, if not paying income tax through withholding (Form 1040-ES). Calendar-year corporations: Paying the second installment of 2020 estimated income taxes. |
July 31 |
Employers: Reporting income tax withholding and FICA taxes for second quarter 2020 (Form 941) and paying any tax due. Employers: Filing a 2019 calendar-year retirement plan report (Form 5500 or Form 5500-EZ) or requesting an extension. |
August 10 |
Employers: Reporting income tax withholding and FICA taxes for second quarter 2020 (Form 941), if you deposited on time and in full all of the associated taxes due. |
September 15 |
Individuals: Paying the third installment of 2020 estimated taxes, if not paying income tax through withholding (Form 1040-ES). Calendar-year corporations: Paying the third installment of 2020 estimated income taxes. Calendar-year S corporations: Filing a 2019 income tax return (Form 1120S) and paying any tax, interest and penalties due if an automatic six-month extension was filed. Calendar-year S corporations: Making contributions for 2019 to certain employer-sponsored retirement plans if an automatic six-month extension was filed. Calendar-year partnerships: Filing a 2019 income tax return (Form 1065 or Form 1065-B) if an automatic six-month extension was filed. |
October 1 |
Trusts and estates: Filing an income tax return for the 2019 calendar year (Form 1041) and paying any tax, interest and penalties due if an automatic five-and-a-half month extension was filed. Employers: Establishing a SIMPLE or a Safe-Harbor 401(k) plan for 2019, except in certain circumstances. |
October 15 |
Individuals: Filing a 2019 income tax return (Form 1040) and paying any tax, interest and penalties due if an automatic six-month extension was filed (or if an automatic four-month extension was filed by a taxpayer living outside the United States). Individuals: Making contributions for 2019 to certain existing retirement plans or establishing and contributing to a SEP for 2018 if an automatic six-month extension was filed. Individuals: Filing a 2019 gift tax return (Form 709) and paying any tax, interest and penalties due, if an automatic six-month extension was filed. Calendar-year C corporations: Filing a 2019 income tax return (Form 1120) and paying any tax, interest and penalties due if an automatic six-month extension was filed. Calendar-year C corporations: Making contributions for 2019 to certain employer-sponsored retirement plans if an automatic six-month extension was filed. |
November 2 | Employers: Reporting income tax withholding and FICA taxes for third quarter 2020 (Form 941) and paying any tax due. |
November 10 |
Employers: Reporting income tax withholding and FICA taxes for third quarter 2020 (Form 941), if you deposited on time and in full all of the associated taxes due. |
November 16 | Exempt organizations: Filing a 2019 calendar-year information return (Form 990, Form 990-EZ or Form 990-PF) and paying any tax, interest and penalties due if a six-month extension was previously filed. |
December 15 | Calendar-year corporations: Paying the fourth installment of 2020 estimated income taxes. |
December 31 |
Employers: Establishing a retirement plan for 2020 (generally other than a SIMPLE, a Safe-Harbor 401(k) or a SEP). |
For more information, contact Rob Swenson at [email protected] or your ORBA advisor at 312.670.7444.
© 2020
Related Services
Related Industries
Law Firms and Lawyers Not-For-Profit Real Estate Health Care Manufacturing and Distribution Restaurant