JANUARY 2018

During January All Employers - Give your employees their copies of Form W-2 for 2017 by January 31, 2018. If an employee agreed to receive Form W-2 electronically, post it on a website accessible to the employee and notify the employee of the posting by January 31.

All Businesses - Give annual information statements to recipients of certain payments you made during 2017. You can use the appropriate version of Form 1099 or other information return. Form 1099 can be issued electronically with the consent of the recipient.

January 10 Employees - who work for tips. If you received $20 or more in tips during December 2017, report them to your employer. You can use Form 4070 Employee's Report of Tips to Employer.

January 16 Individuals - Make a payment of your estimated tax for 2017 if you did not pay your income tax for the year through withholding (or did not pay in enough tax that way). Use Form 1040-ES. This is the final installment date for 2017 estimated tax. However, you do not have to make this payment if you file your 2017 return (Form 1040) and pay any tax due by January 31, 2018.

Employers - Social Security, Medicare, and withheld income tax. If the monthly deposit rule applies, deposit the tax for payments in December 2017.

Employers - Nonpayroll Withholding. If the monthly deposit rule applies, deposit the tax for payments in December 2017.

Farmers and Fishermen - Pay your estimated tax for 2017 using Form 1040-ES. You have until April 17 to file your 2017 income tax return (Form 1040). If you do not pay your estimated tax by January 16, you must file your 2017 return and pay any tax due by March 1, 2018, to avoid an estimated tax penalty.

January 31 Individuals - who must make estimated tax payments. If you did not pay your last installment of estimated tax by January 16, you may choose (but are not required) to file your income tax return (Form 1040) for 2017 by January 31. Filing your return and paying any tax due by January 31, 2018, prevents any penalty for late payment of the last installment. If you cannot file and pay your tax by January 31, file and pay your tax by April 17.

Employers - File Form W-3, Transmittal of Wage and Tax Statements, along with Copy A of all the Forms W-2 you issued for 2017. If you file Forms W-2 electronically your due date for filing them with the SSA will be extended to April 2. The due date for giving the recipient these forms is still January 31.

Businesses - Give annual information statements to recipients of certain payments made during 2017. You can use the appropriate version of Form 1099 or other information return. Form 1099 can be issued electronically with the consent of the recipient. Payers of nonemployee compensation must file Form 1099-MISC for nonemployee compensation paid in 2017. Forms 1099-B, 1099-S, and certain reporting on Form 1099-MISC are due to recipients by February 15.

Health Coverage Reporting - Applicable Large Employers. Provide Form 1095-C to full-time employees. For all other providers of minimum essential coverage, provide Form 1095-B to responsible individuals.