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August 2023 Individual Due Dates
August 10 - Report Tips to Employer
If you are an employee who works for tips and receives more than $20 in tips during July, you must report them to your employer on IRS Form 4070 no later than August 10. Your employer must withhold FICA taxes and income tax withholding for these tips from your regular wages. If your regular wages are insufficient to cover the FICA and tax withholding, the employer will report the amount of the uncollected withholding in box 8 of your W-2 for the year. You must pay the uncollected withholding when your return for the year is filed.
Weekends & Holidays:
If a due date falls on a Saturday, Sunday, or legal holiday, the due date is automatically extended until the next business day, which is not a legal holiday.
Disaster Area Extensions: Please note that due dates will be extended when a geographical area is designated as a disaster area. For more information on whether an area has been designated a disaster area and the filing extension dates, visit the following websites:
FEMA: https://www.fema.gov/disaster/declarations IRS: https://www.irs.gov/newsroom/tax-relief-in-disaster-situations For example, disaster-area taxpayers in most of California and parts of Alabama and Georgia now have until Oct. 16, 2023, to file various federal individual and business tax returns and make tax payments.
August 2023 Business Due Dates
August 10 - Social Security, Medicare, and Withheld Income Tax
File Form 941 for the second quarter of 2023. This due date applies only if you deposited the tax for the quarter in full and on time.
August 15 - Social Security, Medicare, and Withheld Income Tax
If the monthly deposit rule applies, deposit the tax for payments in July.
August 15 - Nonpayroll Withholding
If the monthly deposit rule applies, deposit the tax for payments in July.
Weekends & Holidays:
If a due date falls on a Saturday, Sunday, or legal holiday, the due date is automatically extended until the next business day, which is not a legal holiday.
Disaster Area Extensions: Please note that due dates will be extended when a geographical area is designated as a disaster area. For more information on whether an area has been designated a disaster area and the filing extension dates, visit the following websites:
FEMA: https://www.fema.gov/disaster/declarations IRS: https://www.irs.gov/newsroom/tax-relief-in-disaster-situations For example, disaster-area taxpayers in most of California and parts of Alabama and Georgia now have until Oct. 16, 2023, to file various federal individual and business tax returns and make tax payments.
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