Ag Tax Tidbits line
  • Tax Issues
    Find out about everything from income tax to gift taxes.

  • Calendar
    A calendar to help you stay on top of those tax dates.

  • FAQ
    Frequently Asked Questions about tax issues.

  • Links
    Related web sites containing tax information.

  • Feedback
    Question? Need help? Send us a note!

    • Tax Calendar

      January:

      • Jan. 15: Pay estimated income tax using Form 1040-ES. If you do not pay estimated tax, you must file your return by the 1st of March to avoid the under payment of estimated tax penalty.

      • Jan. 31: Provide employees their W-2s.

      • Jan. 31: Provide contractors, cash rent landlords, etc. with Form 1099 information statements for certain payments made during the prior year.

      • Jan. 31: File Form 943 "Employer's Annual Tax Return for Agricultural Employees" to report Social Security and Medicare taxes, and withheld income taxes. Actually the due date for filing Form 943 is February 12th if the related taxes have been deposited in full and on time.

      February

      • Feb. 12: File Form 943 if not filed in January.

      • Feb. 28: File 1099's with the IRS.

      March

      • Mar. 1: Farmers on calendar year reporting, that elected not to pay estimated tax, need to file their income tax return (Form 1040) and pay any tax due.

      • Mar. 15: File calendar year corporation income tax return and pay and tax due.

      April

      • Apr. 15 File individual income tax return and pay any tax due - if you (farmer) did not file by March 1st.

        File calendar year partnership income tax return.

        First installment of individual estimated income tax payment is due, if you are required to pay estimated income tax.

      • Apr. 30: If you are liable for federal unemployment (FUTA) tax, deposit the tax owed through March, if more than $100.

      June

      • June 15: Second installment of individual estimated income tax payment is due, if you are required to pay estimated income tax.

      July

      • July 31: If you are liable for federal unemployment (FUTA) tax, deposit the tax owed through June, if more than $100.

      September

      • Sept. 15: Third installment of individual estimated income tax payment is due, if you are required to pay estimated income tax.

      October

      • Oct. 31: If you are liable for federal unemployment (FUTA) tax, deposit the tax owed through September, if more than $100.
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    Information provided by:
    Parman R. Green,
    Ag Business Management Specialist
    111 N. Mason
    Carrollton, MO 64633
    Phone: 660-542-1792
    Email: GreenP@missouri.edu

    University of Missouri Extension

    Date reviewed: April 2001

    Site maintained by people at AgEBB at the University of Missouri-Columbia.