If you need help planning your business tax filing deadlines for October 2020, this article is for you. We explain the most important deadlines for this month so you can stay on top of the due dates that matter.
October 15 – Corporations
File a 2019 calendar year income tax return (Form 1120 or 1120-A) and pay any tax, interest, and penalties due. This due date applies only if you timely requested an additional 3-month extension by July 15th.
October 15 – Taxpayers with Foreign Financial Interests
If you received an automatic 6-month extension of time to report your 2019 foreign financial accounts to the Department of the Treasury, this is the due date for Form FinCEN 114.
October 15 – Social Security, Medicare and withheld income tax
If the monthly deposit rule applies, deposit the tax for payments in September.
October 15 – Nonpayroll Withholding
If the monthly deposit rule applies, deposit the tax for payments in September.