2ND QUARTER 2017

2nd Quarter: Tax Due Dates, April – June 2017

April 10

Employees Who Work for Tips: 

If you received $20 or more in tips during the month of March, you should report them to your employer. Use IRS Form 4070 (Employee’s Report of Tips to Employer).

April 18

Individuals:

File a 2016 income tax return (Form 1040, 1040A, or 1040EZ) and pay any tax due. If you want to request an automatic 6-month extension of time to file your return, use Form 4868 (Application for Automatic Extension of Time to File U.S. Individual Income Tax Return) to extend your filing deadline to October 16, 2017. You can also file an extension online.

Individuals:

If you are not paying your 2017 income tax through withholding (or you will not pay enough tax during the year that way), pay the first installment of your 2017 estimated tax. Use Form 1040-ES (Estimated Tax for Individuals). For more information, see IRS Publication 505 (Tax Withholding and Estimated Tax).

Household Employers:

If you paid cash wages of $1,900 or more to a household employee in 2016, you must file Schedule H (Household Employment Taxes) of Form 1040. If you are required to file a Federal income tax return (Form 1040), include Schedule H with your return and report any household employment taxes. If you paid total cash wages of $1,000 or more to household employees in any calendar quarter of 2015 or 2016, you must report any Federal Unemployment (FUTA) tax on Schedule H. Also report any income tax you withheld for your household employees. For more information, refer to IRS Publication 926.

Corporations:

File a 2016 income tax return (Form 1120) and pay any tax due. To request an automatic 6-month extension of time to file, use Form 7004 (Application for Automatic Extension of Time to File Certain Business Income Tax, Information, and Other Returns) and pay what you estimate you owe on your return. You can file a business extension online.

Corporations:

Deposit the first installment payment for 2017 estimated income tax. Form 1120-W (Estimated Tax for Corporations) is a worksheet that can be used to estimate your tax for the year.

May 10

Employees Who Work for Tips: 

If you received $20 or more in tips during the month of April, you should report them to your employer. Use IRS Form 4070 (Employee’s Report of Tips to Employer).

June 12

Employees Who Work for Tips: 

If you received $20 or more in tips during the month of May, you should report them to your employer. Use IRS Form 4070 (Employee’s Report of Tips to Employer).

June 15

Individuals: 

If you are a U.S. citizen or resident alien living and working (or on military duty) outside the U.S. and Puerto Rico, file your 2016 income tax return (Form 1040) and pay any tax due. If you want a 4-month extension of time to file your return, use Form 4868 to extend your filing deadline to October 16. (Note that there are special provisions for military personnel who are stationed in a combat zone. For more information, see IRS Publication 3.)

Individuals: 

If you are not paying your 2017 income tax through withholding (or you will not pay enough tax during the year that way), pay the second installment of your 2017 estimated tax. Use Form 1040-ES (Estimated Tax for Individuals). For more information, see IRS Publication 505 (Tax Withholding and Estimated Tax).

Corporations: 

Deposit the second installment payment for 2017 estimated income tax. Form 1120-W (Estimated Tax for Corporations) is a worksheet that can be used to estimate your tax for the year.