January 2012 Tax Due Dates

by Kenneth Hoffman in


January 1, 2012
Form W-5, employers must stop advance earned income credit payments for employees who fail to file new W-5.
 
January 10, 2012
Form 4070, tip reporting to employer.

January 17, 2012

Employment tax deposits (for December 2011) due for monthly depositors.
Form 1040-ES, 4th installment of estimated tax for 2011 for individuals due.
Form 1041-ES, 4th installment of estimated tax for 2011 for trusts due.

January 31, 2012

Form 1099s for prior year must be mailed to recipients of dividends, interest, original issue discount, miscellaneous income, rent, certain other distributions, and certain other payments made in 2011.

Form W-2 must be mailed to 2011 employees.
Form 941, due for 4th Quarter 2011.
Form 940, (FUTA) due for 2011.
Form 945, due for 2011 (to report withholding on nonpayroll payments.
FUTA, $100 or more in undeposited tax at end of 4th quarter last day to deposit tax.
Form 8308, statement to transferor and transferee involved in exchange of partnership interest.

Statement to payer in transaction involving more than $10,000 cash during 2011.

Note: For Forms 940, 941, 945, taxpayers who deposited taxes in full and on time the filing deadline is February 10.
Semi-Weekly Employment Tax Deposit Schedule for January:
5, 6, 11, 13, 19, 20, 25, 27
Special Rule: Employers must deposit taxes on next banking day after date employment tax liability exceeds $100,000.

 

January 1, 2012

Form W-5, employers must stop advance earned income credit payments for employees who fail to file new W-5. January 10, 2012
Form 4070, tip reporting to employer.


January 17, 2012

Employment tax deposits (for December 2011) due for monthly depositors.Form 1040-ES, 4th installment of estimated tax for 2011 for individuals due.Form 1041-ES, 4th installment of estimated tax for 2011 for trusts due.

January 31, 2012

Form 1099s for prior year must be mailed to recipients of dividends, interest, original issue discount, miscellaneous income, rent, certain other distributions, and certain other payments made in 2011.Form W-2 must be mailed to 2011 employees.Form 941, due for 4th Quarter 2011.Form 940, (FUTA) due for 2011.Form 945, due for 2011 (to report withholding on nonpayroll payments.FUTA, $100 or more in undeposited tax at end of 4th quarter last day to deposit tax.Form 8308, statement to transferor and transferee involved in exchange of partnership interest.Statement to payer in transaction involving more than $10,000 cash during 2011.Note: For Forms 940, 941, 945, taxpayers who deposited taxes in full and on time the filing deadline is February 10.

Semi-Weekly Employment Tax Deposit Schedule for January:

5, 6, 11, 13, 19, 20, 25, 27

Special Rule:

Employers must deposit taxes on next banking day after date employment tax liability exceeds $100,000.