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IRS REPORTS BUSINESS TAX RETURNS DUE FEB. 1

 DALLAS, Jan. 20 /PRNewswire/ -- Form 941, reporting federal income tax withheld from employees' wages or other income and Form 942, "Employer's Quarterly Tax Return for Household Employees," are due Monday, Feb. 1, 1993, for the fourth quarter ended Dec. 31, 1992. The normal due date is Jan. 31, but because that date falls on a Sunday this year, the due date is postponed until the next business day.
 Tips, annuities, supplemental unemployment compensation benefits, certain gambling winnings and third-party payments of sick pay are also reported on Form 941. Also, backup income tax withholding and Social Security taxes are reported on the form. Employers who have deposited all taxes due for the quarter have an additional 10 days to file the return.
 Social Security taxes should be paid for household employees who were paid $50 or more in cash wages during the quarter with Form 942. Other requirements may include federal unemployment tax payments for household employees receiving cash wages of $1,000 or more in any calendar quarter in the current or prior year.
 For more information on 941 and 942 filing requirements, call 800-829-1040.
 -0- 1/20/93
 /NOTE TO EDITORS: Listed below is the IRS Public Affairs contact for your area. These names are for media use only. Please do not include them in your story except for attributions. Thank you./
 /CONTACT: Arizona, Marty Hosimer, 602-207-8488; Colorado, Rosemary Campbell, 303-446-1650; Kansas, James Manuszak, 316-291-6400; New Mexico, Laura Criel, 505-766-2537; Oklahoma, David Stell, 405-297-4444; East Texas, Steve Yost, 713-653-3670; North Texas, Marlene Gaysek, 214-767-1424; West Texas, Sally Sassen, 512-499-5315; Utah, Jan Hadley, 801-524-5297; or Wyoming, Tim Harms, 307-772-2162, all of the Internal Revenue Service/


CO: Internal Revenue Service ST: Arizona, Colorado, Kansas, New Mexico, Oklahoma, Texas, Utah IN: SU:

MC -- DV002 -- 6802 01/20/93 10:40 EST
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Publication:PR Newswire
Date:Jan 20, 1993
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