September 2023 Individual Due Dates
September 1 - 2023 Fall and 2024 Tax Planning
Contact your BATS Xpress team to schedule a consultation appointment.
September 11 - Report Tips to Employer
If you are an employee who works for tips and received more than $20 in tips during August, you are required to report them to your employer on IRS Form 4070 no later than September 11. Your employer is required to 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 will be required to pay the uncollected withholding when your return for the year is filed.
September 15 - Estimated Tax Payment Due
The third installment of 2023 individual estimated taxes is due.