Mind these tax deadlines as the new year begins
2012 will soon be here. Before you ring in the new year, take a look at the IRS tax calendar to remind yourself of the upcoming tax deadlines.
January 10, 2012 – Those who earned more than $20 in tips during December must report tips to their employers with Form 4070: Employee’s Report of Tips to Employer.
January 17, 2012 – E-filing begins for 2011 returns.
Also, if you did not pay 2011 income tax through withholding you must pay your final installment of 2011 estimated tax with Form 1040-ES: Estimated Tax for Individuals. If you plan on filing your return and paying the tax due by January 31, you can disregard this deadline.
January 31, 2012 – Individuals who must make estimated tax payments can opt to file their return and pay any tax due by this date, thus preventing penalties for missing the January 17 deadline.
February 15, 2012 – If you claimed exemption from income tax withholding last year, you must file a new W-4: Employee’s Withholding Allowance Certificate in order for the exemption to continue for another year.
April 10, 2012 – Those who earned more than $20 in tips during March must report tips to their employers with Form 4070: Employee’s Report of Tips to Employer.
April 17, 2012 – By this date you must file your income tax return (Form 1040, 1040A, or 1040EZ) and pay any tax due. Or you must file an automatic 6-month extension with Form 4868: Application for Automatic Extension of Time to File U.S. Individual Income Tax Return.
The first installment of 2012 estimated taxes is also due for those who do not pay income tax through withholding.
May 10, 2012 – Those who earned more than $20 in tips during April must report tips to their employers with Form 4070: Employee’s Report of Tips to Employer.
June 11, 2012 – Those who earned more than $20 in tips during May must report tips to their employers with Form 4070: Employee’s Report of Tips to Employer.
June 15, 2011 – U.S. citizens and resident aliens living and working, or on military duty, outside of the United States and Puerta Rico must file their returns and pay any tax due. An additional 4-month extension may be granted.
The second installment of 2012 estimated taxes is also due for those who do not pay income tax through withholding.
July 10, 2012 – Those who earned more than $20 in tips during June must report tips to their employers with Form 4070: Employee’s Report of Tips to Employer.
August 10, 2012 – Those who earned more than $20 in tips during July must report tips to their employers with Form 4070: Employee’s Report of Tips to Employer.
September 10, 2012 – Those who earned more than $20 in tips during August must report tips to their employers with Form 4070: Employee’s Report of Tips to Employer.
September 17, 2012 – The third installment of 2012 estimated taxes is also due for those who do not pay income tax through withholding.
October 10, 2012 – Those who earned more than $20 in tips during September must report tips to their employers with Form 4070: Employee’s Report of Tips to Employer.
October 15, 2012 – Those who received an extension must file their return and pay any tax due. E-filing for 2011 taxes closes.
November 13, 2012 – Those who earned more than $20 in tips during October must report tips to their employers with Form 4070: Employee’s Report of Tips to Employer.
December 10, 2012 – Those who earned more than $20 in tips during November must report tips to their employers with Form 4070: Employee’s Report of Tips to Employer.
