Welcome to the biggest tax form week of the year.
While more money moves (mostly towards the IRS) in April than any other month, this week is the Big Enchilada of Tax Forms …
Here is what tax forms to Expect this week – Employers, here’s what needs to get processed
This from the nice IRS Calendar portion of their site .. Yes we may be one of the few to say nice, but generally we find them fair and helpful!… IRS that is
- Wednesday, January 31, 2018 Individuals: File your tax return if you did not pay your last installment of estimated tax by Jan 16th (see Form 1040-ES)
- Wednesday, January 31, 2018 File Form 720 for the fourth quarter of 2017.
- Wednesday, January 31, 2018 Furnish Forms 1098, 1099 and W-2G to recipients for certain payments during 2017. Furnish Form W-2 to employees who worked for you during 2017.
- Wednesday, January 31, 2018 File 2017 Forms W-2, W-2AS, W-2CM, W-2GU, W-2VI, W-3 and W-3SS with the SSA whether you file using paper forms or electronically.
- Wednesday, January 31, 2018 File Form 1099-MISC with IRS if you are reporting nonemployee compensation.
- Wednesday, January 31, 2018 File Form W-3 with Copy A of all Forms W-2 issued for 2017.
- Wednesday, January 31, 2018 File Form 730 and pay the tax on wagers accepted during Dec 2017.
- Wednesday, January 31, 2018 File Form 2290 and pay the tax for vehicles first used in Dec 2017.
- Wednesday, January 31, 2018 Deposit payroll tax for payments on Jan 24-26 if the semiweekly deposit rule applies.
- Wednesday, January 31, 2018 Deposit any FUTA tax owed through Dec 2017.
- Wednesday, January 31, 2018 File Forms 940, 941, 943, 944 and/or 945 if you did not deposit all taxes when due.
We have highlighted for your (and our) convenience, the most common forms !
Have a Great “Massive Tax Form” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth