• About Us
• Customer Support

March 1, 2010

E-Mail This Article Printer-Friendly Version

March 3

Deposit payroll tax for payments on Feb 24–26 if the semiweekly deposit rule applies.

March 5

Deposit payroll tax for payments on Feb 27–Mar 2 if the semiweekly deposit rule applies.

March 10

Employees who work for tips. If such employees received $20 or more in tips during February, they are to be reported to the employer, using Form 4070.

Employers. Deposit payroll tax for payments on Mar 3–5 if the semiweekly deposit rule applies.

March 12

Deposit payroll tax for payments on Mar 6–9 if the semiweekly deposit rule applies.

March 15

S corporations. SFile a 2009 calendar year income tax return (Form 1120S) and pay any tax due. Provide each shareholder with a copy of Schedule K-1 (Form 1120S), Shareholder’s Share of Income, Deductions, Credits, etc., or a substitute Schedule K-1. If you want an automatic 6-month extension of time to file the return, file Form 7004 and deposit what you estimate you owe.

S corporation election. File Form 2553, Election by a Small Business Corporation, to elect to be treated as an S corporation beginning with calendar year 2010. If Form 2553 is filed late, S treatment will begin with calendar year 2011.

Social Security, Medicare, and withheld income tax. If the monthly deposit rule applies, deposit the tax for payments in February.

Nonpayroll withholding. If the monthly deposit rule applies, deposit the tax for payments in February.

March 17

Deposit payroll tax for payments on Mar 10–12 if the semiweekly deposit rule applies.

March 19

Deposit payroll tax for payments on Mar 13–16 if the semiweekly deposit rule applies.

March 24

Deposit payroll tax for payments on Mar 17–19 if the semiweekly deposit rule applies.

March 26

Deposit payroll tax for payments on Mar 20–23 if the semiweekly deposit rule applies.

March 31

Electronic filing of Forms 1098, 1099, 8027, W-2, and W-2G. File copies of these forms with the IRS. This due date applies only if you file electronically.

Also, File Form 2290 and pay the tax for vehicles first used in Feb. Deposit payroll tax for payments on Mar 24-26 if the semiweekly deposit rule applies.

Source: IRS Publication 509