Employer's Tax Calendar

Fourth Quarter

The fourth quarter of a calendar year is made up of October, November, and December.

October 15

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

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

During November

Income tax withholding. Ask employees whose withholding allowances will be different in 1999 to fill out a new Form W–4.

Earned income credit. Request each eligible employee who wants to receive advance payments of the earned income credit during 1999 to fill out a Form W–5. A new Form W–5 must be filled out each year before any payments are made.

November 2

Social security, Medicare, and withheld income tax. File Form 941 for the third quarter of 1998. Deposit any undeposited tax. (If the total is less than $500 and not a shortfall, you can pay it with the return.) If you have deposited the tax for the quarter in full and on time, you have until November 10 to file the return.

Federal unemployment tax. Deposit the tax owed through September, if more than $100.

November 10

Social security, Medicare, and withheld income tax. File Form 941 for the third quarter of 1998. This due date applies only if you had deposited the tax for the quarter in full and on time.

November 16

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

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

December 15

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

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

[Return to Tax Calendar]