This is general information for taxpayers and should not be relied upon as the only source of authority. Taxpayers should seek professional tax advice for more information.
HELPFUL INFORMATION
Tax information to keep you updated.
General Information
A reminder to taxpayers. Before tax season starts, obtain an identity protection personal identification number (IP-PIN). The IRS urges all taxpayers to add this extra layer of identity theft protection, and to remind your employees to do so.
Initially developed by the IRS for victims of identity theft, the six-digit IP-PIN is known only to the IRS and the taxpayer. It is used to file all tax returns under the filer’s SSN. Each year, the IRS mails the person a new IP-PIN.
A free IP-PIN can be obtained atIRS IP-PIN. [IR-2023-226]
Standard mileage rates
2023 2024
Business* 65.5 cents/mi. 67 cents/mi.
Relocation** 22 cents/mi. 21 cents/mi.
Medical 22 cents/mi. 21 cents/mi.
Charitable rate 14 cents/mi. 14 cents/mi.
* For owned/leased passenger autos, vans, pickups or panel trucks and up to 4 taxis used for hire on which no §179 or depreciation was taken.
** Starting in 2018, all relocation payments are taxable to the employee and tax deductible for the employer.
Disclaimer - General Information provided with permission from the American Institute of Professional Bookkeepers (AIPB).
Tax Calendar
January
Tuesday 1/2/2024
File Form 730 and pay the tax on wagers accepted during November 2023.
File Form 2290 and pay the tax for vehicles first used in Nov 2023.
Thursday 1/4/2024
Deposit payroll tax for payments on Dec 27-29, 2023 if the semiweekly deposit rule applies.
Friday 1/5/2024
Deposit payroll tax for payments on Dec 30-31, 2023 if the semiweekly deposit rule applies.
Deposit payroll tax for payments on Jan 1-2 if the semiweekly deposit rule applies.
Wednesday 1/10/2024
File Form 730 and pay the tax on wagers accepted during Dec 2023.
Deposit payroll tax for payments on Jan 3-5 if the semiweekly deposit rule applies.
Employers: Employees are required to report to you tips of $20 or more earned during Dec 2023
Friday 1/12/2024
Deposit payroll tax for payments on Jan 6-9 if the semiweekly deposit rule applies.
Tuesday 1/16/2024
Deposit payroll tax for Dec 2023 if the monthly deposit rule applies.
Individuals: Pay the final installment of your 2023 estimated tax - use Form 1040-ES.
Farmers and fishermen: Pay your estimated tax for 2023. Use Form 1040-ES.
Thursday 1/18/2024
Deposit payroll tax for payments on Jan 10-12 if the semiweekly deposit rule applies.
Friday 1/19/2024
Deposit payroll tax for payments on Jan 13-16 if the semiweekly deposit rule applies.
Wednesday 1/24/2024
Deposit payroll tax for payments on Jan 17-19 if the semiweekly deposit rule applies.
Friday 1/26/2024
Deposit payroll tax for payments on Jan 20-23 if the semiweekly deposit rule applies.
Wednesday 1/31/2024
Deposit payroll tax for payments on Jan 24-26 if the semiweekly deposit rule applies.
Individuals: File your tax return if you did not pay your last installment of estimated tax by Jan 16th (see Form 1040-ES)
File Form 720 for the fourth quarter of 2023.
Furnish Forms 1098, 1099, & W-2G to recipients for certain payments during 2023. Employers: Furnish Form W-2 to employees who worked for
you in 2023 & file Form W-3, Transmittal of Wage & Tax Statements, with Copy A of Forms W-2 you issued for 2023.
File Form 1099-NEC for nonemployee compensation paid in 2023, see instructions.
File Form 730 and pay the tax on wagers accepted during Dec 2023.
File Form 2290 and pay the tax for vehicles first used in Dec 2023.
Deposit any FUTA tax owed through Dec 2023.
File Forms 940, 941, 943, 944 and/or 945 if you did not deposit all taxes when due
February
Friday 2/2/2024
Deposit payroll tax for payments on Jan 27-30 if the semiweekly deposit rule applies.
Wednesday 2/7/2024
Deposit payroll tax for payments on Jan 31 - Feb 2 if the semiweekly deposit rule applies.
Friday 2/9/2024
Deposit payroll tax for payments on Feb 3-6 if the semiweekly deposit rule applies.
Monday 2/12/2024
Employers: Employees are required to report to you tips of $20 or more earned during Jan.
File Forms 940, 941, 943, 944 and/or 945 if you timely deposited all required payments.
Wednesday 2/14/2024
Deposit payroll tax for payments on Feb 7-9 if the semiweekly deposit rule applies.
Thursday 2/15/2024
File a new Form W-4 if you claimed exemption from income tax withholding in 2023.
File Form 8038, 8038-B, 8038-G, 8038-TC for bonds issued in Oct/Nov/Dec 2023
Furnish Forms 1099-B, 1099-S and certain Forms 1099-MISC to recipients.
File Form 8038-GC, Consolidated Information Return for Small Tax-Exempt Government Bond Issues
Deposit payroll tax for Jan if the monthly deposit rule applies.
Friday 2/16/2024
Begin withholding on employees who claimed exemption from withholding in 2023 but did not file a W-4 to continue withholding exemption in
2024.
Deposit payroll tax for payments on Feb 10-13 if the semiweekly deposit rule applies.
Thursday 2/22/2024
Deposit payroll tax for payments on Feb 14-16 if the semiweekly deposit rule applies.
Friday 2/23/2024
Deposit payroll tax for payments on Feb 17-20 if the semiweekly deposit rule applies.
Wednesday 2/28/2024
Deposit payroll tax for payments on Feb 21-23 if the semiweekly deposit rule applies.
File paper Forms 1094-C and 1095-C with IRS if you are an Applicable Large Employer; For all other providers file paper Forms 1094-B
and 1095-B with the IRS
File Form 1096 with information returns, including Forms 1098, 1099 and W-2G for payments made during 2023.
File Form 2290 and pay the tax for vehicles first used in January.
Thursday 2/29/2024
File Form 8027 if you are a large food or beverage establishment.
File Form 730 and pay the tax on wagers accepted during January.
Thursday 2/29/2024
File Form 8027 if you are a large food or beverage establishment.
File Form 730 and pay the tax on wagers accepted during January.
March
Friday 3/1/2024
Farmers and fishermen: File Form 1040 and pay any tax due. However, you have until Apr 15 (April 17 if you live in Maine or Massachusetts) to
file if you paid your 2023 estimated tax payments by Jan 15, 2024.
Deposit payroll tax for payments on Feb 24-27 if the semiweekly deposit rule applies.
Applicable Large Employers provide Forms 1095-C to full time employees; For all other providers of Minimum Essential Coverage, provide
Forms 1095-B to responsible individuals.
Wednesday 3/6/2024
Deposit payroll tax for payments on Feb 28 - Mar 1 if the semiweekly deposit rule applies.
Friday 3/8/2024
Deposit payroll tax for payments on Mar 2-5 if the semiweekly deposit rule applies.
Monday 3/11/2024
Employers: Employees are required to report to you tips of $20 or more earned during February.
Wednesday 3/13/2024
Deposit payroll tax for payments on Mar 6-8 if the semiweekly deposit rule applies.
Friday 3/15/2024
Partnerships: File Form 8804 and Forms 8805 for a calendar year entity. For automatic 6-month extension, file Form 7004.
Deposit payroll tax for Feb if the monthly deposit rule applies.
S Corp: File Form 1120S for calendar year & pay any tax due. Furnish copy Sch. K-1 or K-3 to each shareholder. For automatic 6-month
extension, file Form 7004 & deposit estimated tax. File Form 2553 to elect S Corp status beginning with calendar yr. 2024.
Partnerships: File Form 1065 for calendar year and furnish a copy of Sch. K-1 or K-3 to each partner. For automatic 6-month extension, file
Form 7004.
Withholding Agent: File Forms 1042-S & furnish copy to income recipient. For automatic 30-day extension, file Form 8809. A separate request is
required for 30-day extension to provide Forms 1042-S to recipients.
Deposit payroll tax for payments on Mar 9-12 if the semiweekly deposit rule applies.
Withholding Agent: File Form 1042 for calendar year. For automatic 6-month extension of time to file Form 1042, file Form 7004.
Wednesday 3/20/2024
Deposit payroll tax for payments on Mar 13-15 if the semiweekly deposit rule applies.
Friday 3/22/2024
Deposit payroll tax for payments on Mar 16-19 if the semiweekly deposit rule applies.
Wednesday 3/27/2024
Deposit payroll tax for payments on Mar 20-22 if the semiweekly deposit rule applies.
Friday 3/29/2024
Deposit payroll tax for payments on Mar 23-26 if the semiweekly deposit rule applies.
EFTPS users: Payments must be scheduled by 8 PM ET at least one calendar day before the tax due date.
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