Latest Newsletter Upcoming Tax Deadlines December Day 10 Employees Who Work for Tips – If you received $20 or more in tips during November, you must report them to your employer (employees are required to keep a daily record of tips). All tips must be reported on your individual income tax return. You can use Form 4070. 15 Corporations – Deposit the fourth installment of estimated income tax for 2021. A worksheet, Form 1120-W, is available to help you estimate your tax for the year. 15 Employers – Nonpayroll withholding. If the monthly deposit rule applies, deposit the tax for payments made in November. 15 Employers – Social security, Medicare, and withheld income tax. If the monthly deposit rule applies, deposit the tax for payments made in November. – Return to Top Posted on December 1, 2021