US Tax Due Dates

January 15, 2004

Individuals

Your final installment of 2003 estimated tax is due, if you didn't pay enough income tax through withholding.

January 31, 2004

Filing of your income tax return for 2003 is due if you did not pay your final installment of estimated taxes by January 15th. By doing so this will avoid late payment penalties.

Employers

Employers must provide Form W-2 and Form 1099-R to employees for amounts withheld in 2001.

Businesses

All employers must provide an annual statement to recipients of specific payments you made throughout 2003. (This is to be prepared on the suitable Form 1099.)

Recipients of mortgage interest

If you received more than $600 of interest on any mortgage related to your trade or business, you must provide a statement to the payer. Form 1098 can be used for this information.

Recipients of cash payments over $10,000.

For each person that paid you more than $10,000 in cash at any point in time during 2003, provide to them a statement, which indicates the total amount of cash you received from the payer, and your name and address of your business. Form 8300 must have been filed with the IRS by the 15th day after the date of the transaction.

February 15, 2004

Individuals

This is the last day for filing Form W-4 by employees who wish to claim exemption from withholding of income tax for 2004. This filing must be done annually to continue the exemption for each filing year.

February 28, 2004

Businesses

Form 1099 returns must be filed with the IRS to report payments made to recipients who received Form 1099 from you on January 31, 2004.

Receivers of mortgage interest

Form 1098 for each individual from whom you received interest of more than $600 on a mortgage during 2003, must be filed with the IRS.

Employers

File For W-2 'A' copies for 2003 and Form W-3 that you issued in 2003.

March 15, 2004

C corporations and S corporations

This is the due date for C corporations and S corporations income tax returns (1120, 1120A, 1120S) for calendar year corporations. The same rule is applicable for foreign corporations with offices in the US For fiscal year corporations you must file by the 15th day of the 3rd month following the end of the fiscal tax year. To obtain a six-month extension for the income tax return, you must file form 7004 by March 15, 2004.

Informational return, Form 5471 (which describes foreign related parties) must be filed (unless federal six month extension obtained, then due six months later).

April 15, 2004

Individuals

This is the due date for individual income tax and self-employment tax returns for calendar year filers. Fiscal year individuals must file a return by the 15th day of the 4th month after the end of the fiscal year. If you require an extension (Form 4868) for filing your tax return it must be filed by April 15, 2004. The automatic four month extension must include an estimate of your tax owing for the year.

Corporation

Calendar year corporations owe 25% of estimated tax which must be deposited using Form 8109.

Partnerships

The calendar year return (Form 1065) is due. For an automatic three-month extension, Form 8736 is required to be filed. If you require an additional 3-month extension, Form 8800 needs to be filed.  If the partnership files based on a fiscal year end, the return is due on the 15th day of the 4th month after the end of the year (the same extensions apply for fiscal year and calendar year filers).

June 15, 2004

Individuals

If you are a non-resident alien (U.S. resident alien or citizen living and working outside of the U.S.) you must file your income tax return (Form 1040).

Corporations

Calendar year corporations must pay the second installment of 2004 estimated taxes using Form 8109.

July 15, 2004

Partnerships

If a three-month filing extension was filed the partnership return is due today.

August 15, 2004

Individuals

This is the last day to file your 2003 income tax return provided you were given a four-month extension.

September 15, 2004

C corporations and S corporations

Corporate income tax return due if you were given a six-month extension. Any taxes due must be paid with the tax return (Form 1120, 1120A, 1120S).

Corporations

Calendar year corporations must pay the third installment of 2004 estimated taxes using Form 8109.

December 15, 2004

Corporations

Calendar year corporations must pay the last installment of 2004 estimated taxes using Form 8109.