Which business forms to use

If you are a(n): You may be liable for: Use form: Sole proprietor Income tax 1040 and Schedule C or C-EZ (file a separate schedule for each business) Self-employment tax 1040 and Schedule SE Estimated tax 1040-ES, 2008 payment #4 due Jan. 15, 2009 1040-ES, 2009 payment #1 due April 15, 2009; 2009 payment; IRS should update this link to 2009 form following the final 2008 ES due date Employment taxes Social Security and Medicare taxes and income tax withholding Federal unemployment tax (FUTA) Depositing employment taxes 941 (farm employees use 943) 944 940 (Form 940-EZ has been replaced by the revised Form 940) 8109 B* (do not deposit electronically) Excise taxes See Publication 510 Nonpayroll federal income tax and withholding (backup withholding, withholding on pensions, annuities and gambling winnings) 945 Reporting wage compensation or non-wage compensation W-2, 2008 Independent contractor Estimated tax 1040-ES, 2008 payment #4 due Jan. 15, 2009 1040-ES, 2009 payment #1 due April 15, 2009; IRS should update link to 2009 form following the final 2008 ES due date Self-employment tax Schedule SE Partnership Annual return of income 1065 Employment taxes Same as sole proprietor Excise taxes See Publication 510 Nonpayroll federal income tax and withholding Same as sole proprietor Reporting wage compensation or non-wage compensation W-2, 2008 version, or 1099-MISC Corporation or S corporation Income tax 1120 (corporation) or 1120S (S corporation) Estimated tax 1120-W (corporation only) and 8109 B* Employment taxes Same as sole proprietor Nonpayroll federal income tax and withholding Same as sole proprietor Reporting wage compensation or non-wage compensation W-2, 2008 version, or 1099-MISC S corporation shareholder Income tax 1040 and Schedule E, Schedule K-1, and/or various other schedules Estimated tax 1040-ES, 2008 payment #4 due Jan. 15, 2009 1040-ES, 2009 payment #1 due April 15, 2009; IRS should update this link to 2009 form following the final 2008 ES due date

*For new employers, the IRS will send you a coupon book of preprinted Forms 8109 after receiving an employer identification number (EIN). If you do not receive a new coupon book before a tax deposit is due, you may use Form 8109-B, an over-the-counter FTD coupon.