1st Quarter 2018 |
The first quarter of a calendar year is made up of January, February, and March. |
January 10: |
Employees who work for tips. If you received $20 or more in tips during December, report them to your employer. You can use Form 4070. |
January 16: |
Individuals. Make a payment of your estimated tax for 2017 if you didn't pay your income tax for the year through withholding (or didn't pay in enough tax that way). Use Form 1040-ES. This is the final installment date for 2017 estimated tax payments. However, you don't have to make this payment if you file your 2017 return (Form 1040) and pay any tax due by January 31, 2018. |
Farmers and fishermen. Pay your estimated tax for 2017 using Form 1040-ES. You have until April 17 to file your 2017 income tax return (Form 1040). If you don't pay your estimated tax by January 16, you must file your 2017 return and pay any tax due by March 1, 2018, to avoid an estimated tax penalty. |
January 31: |
Payers of non-employee compensation.
File Form 1099-MISC for nonemployee
compensation paid in 2017. |
All businesses. Give annual information statements to recipients of certain payments you made during 2017. You can use the appropriate version of Form 1099 or other information return. Form 1099 can be issued electronically with the consent of the recipient. Payments that may be covered include the following. - Cash payments for fish (or other aquatic life) purchased from anyone engaged in the trade or business of catching fish.
- Compensation for workers who aren't considered employees (including fishing boat proceeds to crew members).
- Dividends and other corporate distributions.
- Interest.
- Rent.
- Royalties.
- Payments of Indian gaming profits to tribal members.
- Profit-sharing distributions.
- Retirement plan distributions.
- Original issue discount.
- Prizes and awards.
- Medical and health care payments.
- Debt cancellation (treated as payment to debtor).
- Cash payments over $10,000. See the instructions for Form 8300.
See the General Instructions for Certain Information Returns for information on what payments are covered, how much the payment must be before a statement is required, which form to use, when to file, and extensions of time to provide statements to the IRS. Forms 1099-B, 1099-S, and certain reporting on Form 1099-MISC, Miscellaneous Income, are due to recipients by February 15. |
Individuals who must make estimated tax
payments. If you didn't pay your last installment of estimated tax by January 16, you
may choose (but aren't required) to file your
income tax return (Form 1040) for 2017 by
January 31. Filing your return and paying any
tax due by January 31 prevents any penalty
for late payment of the last installment. If you can't file and pay your tax by January 31, file and pay your tax by April 17. |
February 12: |
Employees who work for tips. If you received $20 or more in tips during January, report them to your employer. You can use
Form 4070. |
February 15: |
Individuals. If you claimed exemption from income tax withholding last year on the Form W-4, Employee's Withholding Allowance Certificate, you gave your employer, you must file a new Form W-4 by this date to continue your exemption for another year. |
All businesses. Give annual information statements to recipients of certain payments you made during 2017. You can use the appropriate version of Form 1099 or other information return. Form 1099 can be issued electronically with the consent of the recipient. This due date applies only to the following types of payments.
- All payments reported on Form 1099-B, Proceeds From Broker and Barter Exchange Transactions.
- All payments reported on Form 1099-S, Proceeds From Real Estate Transactions.
- Substitute payments reported in box 8 or gross proceeds paid to an attorney reported in box 14 of Form 1099-MISC.
|
February 28: |
All businesses. File information returns
(for example, certain Forms 1099) for certain
payments you made during 2017. These payments
are described under January 31. However,
Form 1099MISC reporting nonemployee
compensation must be filed by
January 31. There are different forms for different
types of payments. Use a separate
Form 1096 to summarize and transmit the
forms for each type of payment. See the
General Instructions for Certain Information
Returns for information on what payments
are covered, how much the payment must be
before a return is required, which form to use,
and extensions of time to file.
If you file Forms 1097, 1098, 1099 (except a
Form 1099-MISC reporting nonemployee compensation),
3921, 3922, or W2G electronically,
your due date for filing them with the IRS will be extended to April 2. The due date for giving
the recipient these forms generally remains
January 31. |
March 1: |
Farmers and fishermen. File your 2017 income tax return (Form 1040) and pay any tax due. However, you have until April 17 to file if you paid your 2016 estimated tax by January 16, 2018. |
March 15: |
Partnerships. File a 2017 calendar year
return (Form 1065). Provide each partner
with a copy of their Schedule K-1 (Form
1065), Partner's Share of Income, Deductions,
Credits, etc., or substitute Schedule
K-1 (Form 1065).
To request an automatic 6-month extension
of time to file the return, file Form 7004. Then
file the return and provide each partner with a
copy of their final or amended (if required)
Schedule K-1 (Form 1065) by September 17. |
S corporation election. File Form 2553
to elect to be treated as an S corporation beginning
with calendar year 2018. If Form
2553 is filed late, S corporation treatment will
begin with calendar year 2019. |
S corporations. File a 2017 calendar year
income tax return (Form 1120S) and pay any
tax due. Provide each shareholder with a
copy of their Schedule K-1 (Form 1120S),
Shareholder's Share of Income, Deductions,
Credits, etc., or substitute Schedule K-1
(Form 1120S).
To request an automatic 6-month extension
of time to file the return, file Form 7004 and deposit
what you estimate you owe in tax. Then
file the return; pay any tax, interest, and penalties
due; and provide each shareholder with a
copy of their Schedule K-1 (Form 1120S) by
September 17. |
Electing large partnerships. File a 2017
calendar year return (Form 1065-B). Provide
each partner with a copy of their Schedule
K1 (Form 1065-B), Partner's Share of Income
(Loss) From an Electing Large Partnership,
or substitute Schedule K-1 (Form
1065-B). This due date for providing Schedule
K1 (Form 1065-B) applies even if the
partnership requests an extension of time to
file Form 1065-B.
To request an automatic 6-month extension
of time to file the return, file Form 7004. Then
file the return and provide each partner with a
copy of their amended (if required) Schedule
K-1 (Form 1065-B) by September 17. |
