2016 Filing Deadlines

Ten Forty + Quality Tax Preparation & Financial Services 281-397-7777 Fax 281-397-7443 Tax Tips Filing Deadlines Call our office for more information or for assistance with any required tax filings. Deadline Filing Required January 15, 2016 Due date for the fourth installment of 2015 individual estimated tax. February 1 Employers must furnish W-2 statements to employees. 1099 information statements must be furnished bypayers. (1099-B deadline is February 16.) February 1 Employers must file 2015 federal unemployment tax returns and pay any tax due. February 16 Brokers must furnish Form 1099-B and consolidated statements to customers. February 29 Payers must file information returns (such as 1099s) with the IRS. (Deadline if filing electronically is March 31.) February 29 Employers must send W-2 copies to the Social Security Administration. (Deadline if filing electronically is March 31.) March 1 Farmers and fishermen who did not make 2015 estimated tax payments must file 2015 tax returns and pay taxes in full by March 1. March 15 2015 calendar-year corporation income tax returns are due. March 15 Deadline for calendar-year corporations to elect S corporation status for 2016. April 18* Individual income tax returns for 2015 are due. April 18* 2015 partnership returns are due. April 18* 2015 annual gift tax returns are due. April 18* Deadline for making 2015 IRA contributions. April 18 First installment of 2016 individual estimated tax is due. June 15 Second installment of 2016 individual estimated tax is due. September 15 Third installment of 2016 individual estimated tax is due. September 15 Deadline for filing 2015 calendar-year corporation tax returns with extensions of the March 15 filing deadline. September 15 Deadline for filing 2015 partnership returns with extensions of the April 18 filing deadline. October 17 Deadline for filing your 2015 individual tax return if you received an extension of the April 18 deadline. January 17, 2017 Fourth installment of 2016 individual estimated tax is due. Please call us if you have any questions. 1040 + Quality Tax Preparation & Financial Services Joseph C Becker www.tenfortyplus.com 281-397-7777, Fax 281-397-7443 joeb@tenfortyplus.com Contact Us There are many events that occur during the year that can affect your tax situation. Preparation of your tax return involves summarizing transactions and events that occurred during the prior year. In most situations, treatment is firmly established at the time the transaction occurs. However, negative tax effects can be avoided by proper planning. Please contact us in advance if you have questions about the tax effects of a transaction or event, including the following: • Pension or IRA distributions. • Retirement. • Significant change in income or • Notice from IRS or other deductions. Revenue department. • Job change. • Divorce or separation. • Marriage. • Self-employment. • Attainment of age 59½ or 70½. • Charitable contributions • Sale or purchase of a business property in excess of $5,000.