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2008 Tax Calendar for Individuals

To help make sure you don’t miss any important 2008 deadlines, we’ve provided this summary of when various tax-related forms, payments and other actions are due. Please review it and let us know if you have any questions about the deadlines or would like assistance in meeting them.

Date Deadline for
January 10 Individuals: Reporting December 2007 tip income, $20 or more, to employers (Form 4070).
January 15 Individuals: Paying final installment of 2007 estimated taxes if not paying income tax through withholding (Form 1040-ES).
January 31 Individuals: Filing income tax return (Form 1040) and paying tax due to avoid penalties for underpaying estimated taxes if not paying tax through withholding and final installment wasn’t paid by Jan. 15.
February 11 Individuals: Reporting January tip income, $20 or more, to employers (Form 4070).
February 15 Individuals: Filing new Form W-4 to continue exemption for another year if an exemption from federal income tax withholding in 2007 was claimed.
March 10 Individuals: Reporting February tip income, $20 or more, to employers (Form 4070).
April 10 Individuals: Reporting March tip income, $20 or more, to employers (Form 4070).
April 15 Individuals: Filing 2007 income tax return (Form 1040, 1040A or 1040EZ) or filing automatic six-month extension (Form 4868), and paying any tax due.

Individuals: Paying first installment of 2008 estimated taxes if not paying income tax through withholding (Form 1040-ES).

Individuals: Setting up new IRA for 2007 or making 2007 contributions to existing IRA (even if extension was filed).

Individuals: Filing 2007 gift tax return (Form 709) or filing automatic six-month extension (Form 8892), and paying any gift tax due.

Household employers: Filing Schedule H (Form 1040) if wages paid equal $1,500 or more.

Trusts and estates: Filing income tax return for 2007 calendar year (Form 1041) or filing automatic six-month extension (Form 7004), and paying any income tax due.
May 12 Individuals: Reporting April tip income, $20 or more, to employers (Form 4070).
June 10 Individuals: Reporting May tip income, $20 or more, to employers (Form 4070).
June 16 Individuals: Filing individual income tax return (Form 1040) or filing four-month extension (Form 4868) if living outside the United States, and paying any tax and interest due.

Individuals: Paying second installment of 2008 estimated taxes if not paying income tax through withholding (Form 1040-ES).
July 10 Individuals: Reporting June tip income, $20 or more, to employers (Form 4070).
August 11 Individuals: Reporting July tip income, $20 or more, to employers (Form 4070).
September 10 Individuals: Reporting August tip income, $20 or more, to employers (Form 4070).
September 15 Individuals: Paying third installment of 2008 estimated taxes if not paying income tax through withholding (Form 1040-ES).
October 10 Individuals: Reporting September tip income, $20 or more, to employers (Form 4070).
October 15 Individuals: Filing 2007 income tax return (Form 1040, 1040A or 1040EZ) and paying any tax, interest and penalties due if automatic six-month extension was filed.

Individuals: Filing 2007 gift tax return (Form 709) and paying any tax, interest and penalties due if automatic six-month extension was filed.

Trusts and estates: Filing income tax return for 2007 calendar year (Form 1041) and paying any tax, interest and penalties due if automatic six-month extension was filed.
November 10 Individuals: Reporting October tip income, $20 or more, to employers (Form 4070).
December 10 Individuals: Reporting November tip income, $20 or more, to employers (Form 4070).
December 31 Individuals: Paying fourth installment of 2008 estimated taxes if not paying income tax through withholding (Form 1040-ES) to receive a deduction for the current year.

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Huber, Ring, Helm & Co., P.C. St. Louis
Office

1600 S. Brentwood Blvd
Suite 600 St. Louis, MO 63144-1334
Phone: (314) 962-0300
Fax: (314) 962-9474
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Huber, Ring, Helm & Co., P.C. St. Charles
Office

2897 Highway K
Suite 201 O'Fallon, MO 63368-7863
Phone (314) 962-0300
Fax (636) 240-7391
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