Your 1999/2000 U.S. Tax Deadline Calendar:

 

January 15, 2000

Individuals

Make a payment of your estimated tax for '98, if you didn't pay  your income tax for the year through withholding (or didn't pay in enough tax that way).

 

February 2, 2000

All employers

Give your employees their copies of Form W-2 for '99.

 

All businesses

Give an annual information statement to recipients of certain an payments you made daring '99. (You can use a copy of the appropriate Form 1099.)

 

Real estate brokers

Give a copy of Form 1099-S to each seller involved in reportable real estate transactions.

 

Receivers of mortgage interest

Give a statement containing the same information require to be reported to IRS to each individual from whom you received, in connection with a trade or business interest of $600 or more on a mortgage during the year. You may use as the statement a copy of the Form 1098 that you file With IRS.

 

Receivers of cash payments over $10,000.

Give to each person who paid you over $10,000 in cash, in connection with a trade or business, a statement that shows the name and address of your business and the total amount of cash you received from the payer during the year. if you had a single transaction with a payor during the year, you may use Form 8300. File Form 8300 with IRS by the 15th day after the date of the transaction.

 

File your income tax return (Form 1040) for '07 if you didn't pay your last in installment of estimated tax by Jan. 15. Filing your return now prevents any penalty

 

February 15, 2000

Individuals

If you claimed exemption from income tax withholding for '99 on the Form W-4 you gave your employer, you must file a new Form W-4 by this date to continue v your exemption for another year.

 

March 2.2000

All businesses

File an information return (Form 1099) with IRS for certain payments you made during '99. There are different versions of Form 1099 for different types of payments. Use a separate Form 1096 to summarize and transmit each separate version. For a 30 day extension of time to file, use Form 8809.

 

Real estate brokers

File Form 1099-S for specified real estate transactions.

 

Receivers of mortgage interest

File Form 1098 for each individual from whom, in connection with a trade or business, you received interest of $600 or more on a mortgage during '99.

 

All employers

File Form W-3 along with Copy A of all the Form W-2s you issued for '99

 

Large food and beverage establishment employers.

File Form 8027 to report tip income and allocated tips.

 

March 15,2000

C corporations and S corporations

File a '99 calendar year income tax return (Form 1120, Form 1120-A or Form  L205) and pay any tax still due. If you want an automatic six-month extension, file Form 7004 and deposit what you estimate you owe.

 

Corporations

File Form 2553 to choose to be treated as an S corporation, beginning with calendar year '99. If Form 2553 is filed late, S treatment will begin with calendar year '99

 

April 15, 2000

Individuals

File a income tax return for '99 and pay any tax due.  Taxpayers who can't make payments should request (on Form 9465) an agreement to pay in installments. If you want an automatic four-month extension to file, file Form 4868 and estimate your tax. Then file Form 1040 or Form 1040A by Aug.17. If you Want an additional two-month extension, file Form 2688 as soon as possible, so that your application can be acted on before Aug.17. A U.S. citizen or resident whose tax home or abode is outside  the U.S. get an automatic 2 month extension.

 

If you paid cash wages of $1,000 or more in '99 to a household employee you must file Schedule  H with your income tax return (Form 1040 or Form 1040A) and report any employment taxes and withheld income taxes for those employees.

 

Contributions to an IRA for '99 must be made by this date

 

If you aren't paying your '99 income tax through withholding (or won't pay in enough tax during the year that way), pay the first installment of your '99 estimated tax by this date. Use Form - 1040-ES.

 

Partnerships

File a '99 calendar year return (Form 1065).  For an automatic three-month extension, file Form 8736. If an additional 3-month extension is needed, file Form 8800.

 

Corporations

Deposit the first installment of estimated  come tax for '99.

 

May 15,2000

Partnerships and S corporations

 

If you selected a different tax year under Code Sec. 444 in the prior calendar year, file Form 8752 and pay the resulting required payment.

 

June 15,2000

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 .98 Form 1040

 

Make the second installment payment of your '99 estimated tax, if you aren't paying your income tax for the year through withholding (or wont pay in enough tax that way). Use Form 1040 ES

 

Corporations

Deposit the second installment of estimated income tax for '99.

 

July 31, 2000

Employers

If you maintain an employee benefit plan, such as a pension, profit-sharing, or stock bonus plan, file Form 5500. If you use a fiscal year as your plan year, file the form by the last day of the seventh month after the plan year ends.

 

August 15, 2000

Individuals

If you were given an a  automatic four month extension to file your income tax return for '99, file Form 1040

 

September 15,2000

Individuals

Make the third installment payment of your '99 estimated tax.

C corporations and S corporations

File a '99 calendar year income tax return (Form 1120 or Form 1120-A, or Form 1120S) andpay any tax due if you were given an automatic six-month extension.

 

Corporations

Deposit the third installment of estimated income tax for '99.

 

During November, 2000

Income tax withholding

Request employees whose  withholding exemptions will be different in '99 to fill out a new Form W-4.

 

Earned income credit

Request each eligible employee who wants to receive advance payments of the earned income credit during '99 ...~ fill cut a new Form W-5.

 

December 15,2000

Corporations

Deposit fourth installment of estimated income tax for '99