Publication 509 - Tax Calendars - 2002
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Contents
(Rev. October 2001)
Cat. No. 15013X
Important Changes . . . . . . . . . . . . . . . . 1
Department
of the
Tax Calendars
Important Reminders . . . . . . . . . . . . . . 1
Treasury
Internal
Introduction . . . . . . . . . . . . . . . . . . . . . 2
Revenue
for 2002
Service
Background Information for Using
the Tax Calendars . . . . . . . . . . . . . 2
General Tax Calendar . . . . . . . . . . . . . . 3
Employer’s Tax Calendar . . . . . . . . . . . 5
Excise Tax Calendar . . . . . . . . . . . . . . . 7
Due Dates for Deposit of Taxes
for 2002 Under Semiweekly Rule . . . 11
How To Get Tax Help . . . . . . . . . . . . . . 12
Important Changes
Excise taxes. New regulations relating to the
time for filing Form 720, Quarterly Federal Ex-
cise Tax Return, and depositing excise taxes
went into effect for calendar quarters beginning
on or after October 1, 2001.
Filing Form 720. You must file the Form 720
by the last day of the month following the calen-
dar quarter. The rule that allowed you to file by
the last day of the second month following the
calender quarter for communications, air trans-
portation, and ozone-depleting chemical taxes
no longer applies. For example, if you have to
file a Form 720 for the fourth quarter of 2001,
you have to file it by January 31, 2002.
Deposits. You do not have to deposit excise
taxes for a calendar quarter if the net tax liability
for the quarter is not more than $2,500. Previ-
ously, the amount was $2,000.
If you have to make excise tax deposits, you
must deposit regular method taxes by the 14th
day following the semimonthly period. Regular
method taxes are taxes other than alternative
method taxes used for communication and air
transportation taxes. The previous deposit rules
(9-day-rule, 14-day-rule, and 30-day rule) no
longer apply. The deposit rules for alternative
method taxes have not changed.
Important Reminders
Photographs of missing children. The Inter-
nal Revenue Service is a proud partner with the
National Center for Missing and Exploited Chil-
dren. Photographs of missing children selected
by the Center may appear in this publication on
pages that would otherwise be blank. You can
help bring these children home by looking at the
photographs and calling 1 – 800 – THE – LOST
(1 – 800 – 843 – 5678) if you recognize a child.
Undeposited employment taxes. Beginning
in 2001, the threshold for depositing employ-
ment taxes increased from $1,000 to $2,500.
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