The Tax Court held that an estate could deduct as an administration expense interest incurred when a trust that was part of the estate borrowed funds to enable the estate to pay its federal estate tax.
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Important Dates
« February 2012 » S M T W T F S 1 2 3 4 5 6 7 8 9 10 Date: February 10, 2012- File 2011 Forms 940, 941, 943, 944 and/or 945 if you timely deposited all required payments.
11 12 13 14 15 Date: February 15, 2012- File a new Form W-4 if you claimed exemption from income tax withholding in 2011.
- Furnish Forms 1099-B, 1099-S and certain Forms 1099-MISC to recipients.
16 Date: February 16, 2012- Begin withholding on employees who claimed exemption from withholding in 2011 but did not file a W-4 to continue withholding exemption in 2011.
17 18 19 20 21 22 23 24 25 26 27 28 Date: February 28, 2012- File information returns, including Forms 1098, 1099 and W-2G for payments made during 2011.
29 Date: February 29, 2012- File Form 2290 and pay the tax for vehicles first used in January.
- File Form W-3 with Copy A of all Forms W-2 issued for 2011.
- Date: January 31, 2012
- Files Forms 940, 941, 943, 944 and/or 945 if you did not deposit all taxes when due.
- Furnish Forms 1098, 1099 and W-2G to recipients for certain payments during 2011. Furnish Form W-2 to employees who worked for you during 2011.
- File your tax return if you did not pay your last installment of esimated tax by January 17th
- File Form 730 and pay the tax on wagers accepted during Dec 2011.
- File Form 2290 and pay the tax for vehicles first used in Dec 2011.
- File Form 720 for the fourth quarter of 2011.
- Deposit any FUTA tax owed through Dec 2011.
- Date: February 10, 2012
- File 2011 Forms 940, 941, 943, 944 and/or 945 if you timely deposited all required payments.
- Date: February 15, 2012
- File a new Form W-4 if you claimed exemption from income tax withholding in 2011.
- Furnish Forms 1099-B, 1099-S and certain Forms 1099-MISC to recipients.
- Date: February 16, 2012
- Begin withholding on employees who claimed exemption from withholding in 2011 but did not file a W-4 to continue withholding exemption in 2011.
- Date: February 28, 2012
- File information returns, including Forms 1098, 1099 and W-2G for payments made during 2011.
- Date: February 29, 2012
- File Form 2290 and pay the tax for vehicles first used in January.
- File Form W-3 with Copy A of all Forms W-2 issued for 2011.
- Date: March 15, 2012
- S Corporations: File Form 1120S for 2011 calendar year and pay any tax due. Furnish a copy of Sch. K-1 to each shareholder. File Form 2553 to elect S Corporation status beginning with calendar year 2012.
- Electing Large Partnerships: Furnish Sch. K-1 (Form 1065-B) to each partner.
- Corporations: File Form 1120 for 2011 calendar year and pay any tax due. For automatic 6-month extension, file Form 7004 and deposit estimated tax.
- Date: March 31, 2012
- File Form 2290 and pay the tax for vehicles first used in February.
- Date: April 1, 2012
- Electronically file Forms W-2, W-2G, 1098, 1099, and 8027.
- Date: April 17, 2012
- Partnerships: File 2011 Form 1065 and furnish a copy of Sch. K-1 to each partner.
- Individuals: File 2011 Form 1040, or 1040EZ. For automatic 6-month extension file Form 4868 and deposit estimated tax. Pay the first installment of 2012 estimated tax.
- Corporations: Deposit the first installment of your estimated tax for 2012.
- Electing Large Partnerships: File 2011 Form 1065 calendar year return.
- Date: April 30, 2012
- File Form 2290 and pay the tax on vehicles first used in March.
- Deposit FUTA tax owed through Mar if more than $500.
- Employers: File Form 941 for the first quarter of 2012.
- Date: May 10, 2012
- File Form 941 for the first quarter of 2012 if you timely deposited all required payments.
- Date: May 31, 2012
- File Form 2290 and pay the tax for vehicles first used during April.
- Date: June 15, 2012
- Individuals: Pay the second installment of estimated tax for 2012.
- Individuals outside the US: File 2011 Form 1040.
- Corporations: Deposit the second installment of your 2012 estimated tax.
