|
Due Date |
Type of Tax (Form) |
| 04/15/08 | Ohio and School District Income Tax Withheld during March (Monthly filers) * | |
| 04/15/08 | Gift Tax Return for taxable gifts made in 2007 (Form 709) | |
| 04/15/08 | 2007 U.S. Individual Income Tax Return (Form 1040) | |
| 04/15/08 | 2007 Ohio Individual Income Tax Return (Form IT-1040) * | |
| 04/15/08 | 2007 School District Income Tax Return (Form SD-100) | |
| 04/15/08 | 2007 Findlay Income Tax Return | |
| 04/15/08 | First installment 2008 Estimated U.S., Ohio, School District and City Individual Income | |
| Taxes (Form 1040ES, IT-1040ES, SD-100ES) | ||
| 04/15/08 | 2007 U.S. Partnership Return of Income (Form 1065) | |
| 04/23/08 | Sales Tax Return for tax collected in March (Monthly filers) * | |
| 04/30/08 | 2008 County Return of Taxable Business Property (Form 920) unless extended | |
| 04/30/08 | All first quarter, 2008 payroll tax reports: | |
| Federal withheld income tax and FICA/Medicare taxes (Form 941) | ||
| Federal unemployment tax if over $500 | ||
| (deposit with coupon; check 940 box; or submit electronically) | ||
| State unemployment tax (Form JFS-66111) * | ||
| Ohio Withheld income Tax (Form IT-501) (quarterly filers) | ||
| City Withheld Income Tax (Form W-1) | ||
| School District Tax Withheld (Form SD-101) (quarterly filers) | ||
| Be sure to make your federal income and FICA withholding tax deposits timely! | ||
| Use coupon deposit Form 8109 or do electronically. (FICA limit: 6.20% X $102,000; | ||
| Medicare: 1.45% X all wages). There are penalties for late deposits! | ||
| 05/12/08 | 2008 Commercial Activity Tax (CAT) Return-Quarterly-must be filed electronically | |
| 05/15/08 | Ohio, School District & City Income Tax Withheld during April (Monthly filers) * | |
| 05/23/08 | Sales Tax Return for tax collected in April (Monthly filers) * | |
| 06/02/08 | Final 1/3 installment due on 2008 Ohio Corporation Franchise Taxes for those | |
| who have extensions, or Return Form FT-1120 | ||
| 06/16/08 | 2008 County Return of Taxable Business Property (Form 920 if extended) | |
| 06/16/08 | Ohio, School District & City Income Tax withheld during May (Monthly filers) * | |
| 06/16/08 | Second installment 2008 Estimated U.S., Ohio, School District and City Individual | |
| Income Taxes (Form 1040ES, IT-1040ES, SD-100ES) | ||
| 06/23/08 | Sales Tax Return for tax collected in May (Monthly filers) * |
The following are the deposit requirements for
withheld federal income and FICA/Medicare taxes and
employer's share of FICA/Medicare taxes:
1. If total taxes for the quarter are less than
$2,500, the taxes may be paid to the IRS with Form 941, or you
may deposit them at your bank by the end of the month
following the quarter.
2. Most employers will be a "monthly
depositor" or "semi-weekly depositor". Your status will be
determined
annually and the IRS will notify employers before each
calendar year what their status will be.
A monthly depositor must
deposit withholdings on or before the 15th day of the month following the month
of withholding. Generally, a new employer will be a monthly
depositor until it meets the semi-weekly deposit
rules.
A "semi-weekly
depositor" must deposit taxes on a Wednesday or a Friday. For paydays on
Wednesday,
Thursday or Friday, the deposit will be due by the Wednesday
following payday. For all other paydays, the
deposit will be due by the Friday following payday. If you
always deposit your taxes within three banking
days after payday, you will always meet the
"semi-weekly" rule.
* The above dates generally refer to Ohio
employers and taxpayer.
