Upcoming Events and Deadlines

January 15

Individuals- Make a payment of your estimated tax for 2018 if you did not pay your income tax for the year through withholding.  Use Form 1040-ES.  This is the final installment date for 2018 estimated tax.  However, you don't have to make this payment if you file your 2018 return and pay any tax due by January 31, 2019.

Employers - For Social Security, Medicare, withheld income tax, and nonpayroll withholding, deposit the tax for payments in December 2018 if the monthly rule applies.

January 31

All Businesses - Give annual information statements (Forms 1099) to recipients of certain payments you made during 2018.  Payments that are covered include (1) compensation for workers who are not considered employees, (2) dividends and other corporate distributions, (3) interest, (4) medical and health care payments, (5) rents, (6) royalties, (7) profit-sharing distributions, (8) retirement plan distributions, (9) original issues discounts, (10) prizes and awards, (11) cash payments for fish to anyone in the trade or business of catching fish, (12) debt cancellations, (13) payments of Indian gaming profits to tribal members, and (14) cash payments over $10,000.  There are different forms for different types of payments.

This Tax Calendar is derived from the CPA Client Bulletin.  CPA Client Bulletin is provided by James P. Moscato, CPA to its clients through an arrangement with the AICPA, which holds the copyright to the CPA Client Bulletin and reserves all rights.  Permission is required for any further redistribution or reuse of this content.  Please direct any such inquiries to copyright@aicpa.org.