Information returns to be filed by partnerships.ġ5 March (Form 7004 may be filed to obtain an automatic six-month extension). Information returns to be provided to partners. Partner's Share of Income, Deductions, Credits, Etc. Income tax returns for domestic corporations or foreign corporations with US offices.ġ5 April for C corporations, 15 March for S corporations (Form 7004 may be filed to obtain an automatic six-month extension). Must be filed with the IRS on or before 31 January, 28 February, or 31 March, depending on the type of filing and whether the filing is electronic or on paper.ġ120 series, including 1120S (for S Corps) Must be sent to the recipients on or before 31 January. Information returns to be provided to the IRS and recipients of dividends and distributions, interest income, miscellaneous income, etc. Must be sent to employees on or before 31 January. Important tax return due dates Form No.Įmployers must provide employees with statements regarding total compensation and amounts withheld during year.
Additional penalties may be applicable for a late return for certain information returns that are required to be filed with a timely return. Failure to timely file a return may result in penalties.
A taxpayer can obtain an additional six-month extension of time to file its tax return. A corporate taxpayer is required to file an annual tax return (generally Form 1120) by the 15th day of the fourth month following the close of its tax year. The US tax system is based on the principle of self-assessment and voluntary reporting. New corporations may use a short tax year for their first tax period, and corporations may also use a short tax year when changing tax years. Corporate taxpayers may choose a tax year that is different from the calendar year. US corporate taxpayers are taxed on an annual basis.
0 kommentar(er)
