Tax Due Dates for May 2021
Find important information below about the Tax Due Dates for May 2021
If you have any questions regarding tax due dates, please contact Rex Crandell Firm or call 925-934-6320
May 10
Employees who work for tips
If you received $20 or more in tips during April, report them to your employer. You can use Form 4070.
Employers
Social Security, Medicare, and withheld income tax. File Form 941 for the first quarter of 2021. This due date applies only if you deposited the tax for the quarter in full and on time.
May 17
Individuals
File an income tax return for 2020 and pay any tax due. If you want an automatic 6-month extension of time to file the return, file Form 4868, Application for Automatic Extension of Time To File U.S. Individual Income Tax Return or you can get an extension by phone if you pay part or all of your estimate of income tax due with a credit card. Then file Form 1040 by October 15.
Household Employers
If you paid cash wages of $2,200 or more in 2020 to a household employee, file Schedule H (Form 1040) with your income tax return and report any employment taxes. Report any federal unemployment (FUTA) tax on Schedule H if you paid total cash wages of $1,000 or more in any calendar quarter of 2019 or 2020 to household employees. Also, report any income tax you withheld for your household employees.
Employers – Nonpayroll withholding.
If the monthly deposit rule applies, deposit the tax for payments in April.
Employers
Social Security, Medicare, and withheld income tax. If the monthly deposit rule applies, deposit the tax for payments in April.
Have you already filed your 2020 Income Taxes?
If not, time is running out! Please call the office of Rex Crandell Firm in Walnut Creek, CA today!
