January 23, 2024IRS Begins Accepting Returns
Forms:
Form 1040-ES, Estimated Tax for IndividualsFebruary 1, 2024Form W-2 filing deadline
If you have employees, you’ll need to fill out two copies of Form W-2 for each one.
One W-2 must be submitted to the IRS. The other must be sent to the employee. The deadline for both is February 1, 2024.
Forms:
Form W-2, Wage and Tax StatementForm 1099-NEC Copy A filing deadline
If you work with independent contractors, the new 1099-NEC form is due February 1, 2024.
Copy A must be filed with the IRS by this date. Copy B must be furnished to the contractor on this date, as well.
Forms:
Form 1099-NEC, Nonemployee CompensationMarch 1, 2024Form 1099-MISC paper filing deadline
Some 1099s will require a 1099-MISC form.
This due date will only be for paper filing. If you file electronically or miss the paper filing deadline, you can file on March 31, 2024.
You must deliver Copy A to the IRS, and Copy B to your recipient.
Forms:
Form 1099-MISC, Miscellaneous IncomeMarch 15, 2024S corporation and partnership tax returns due
Today is the deadline to file your S corporation tax return (Form 1120-S) or Partnership return (Form 1065).
Note that S corporations and Partnerships do not pay taxes on their income. That tax is paid on the individual incomes of the shareholders or partners, respectively.
March 15 is also the deadline to file for an extension for S corp and partnership tax returns.
Forms:
Form 1120S, Income Tax Return for an S CorporationForm 1065, US Return of Partnership IncomeMarch 31, 2024Form 1099-MISC Copy A filing deadline
Some 1099s will require a 1099-MISC form. This includes payments to an individual or LLC of at least $600 during the year in rent paid, legal settlements, or prize or award-winnings.
This due date will only be for electronic filing.
You must deliver Copy A to the IRS, and Copy B to your recipient.
Forms:
Form 1099-MISC, Miscellaneous IncomeApril 15, 2024Estimated quarterly payments
So it begins. If your business pays taxes on a quarterly basis, the first 2022 estimated quarterly tax payment is due today.
Forms:
Form 1040-ES, Estimated Tax for Individuals (Payment Voucher 1)Individual tax returns due
Today is the deadline to file Individual tax returns (Form 1040, 1040A, or 1040EZ). If you income is below $66,000 for the tax year, you can e-file for free using IRS Free File. If your income was above that, you can use the IRS’ free, fillable forms.
If you’re a sole proprietor filing Schedule C on your personal tax returns, the April 15, 2024 deadline applies to you too.
July 15 is also the deadline to file for an extension to file your individual tax return.
C corporation tax returns due
Today is the deadline to file C corporation tax returns (Form 1120).
April 15 is also the deadline to file for an extension to file your corporate tax return.
Forms:
Form 1120, U.S. Corporation Income Tax Return
Form 7004, Application for an Automatic Extension of Time
State tax returns
Each state determines their own tax deadlines. To find a list of current state tax deadlines, click here.
June 15, 2024Estimated quarterly payments
The second 2024 estimated quarterly tax payment is due today.
Forms:
Form 1040-ES, Estimated Tax for Individuals (Payment Voucher 2)
September 15, 2024Estimated quarterly payments
The third 2021 estimated quarterly tax payment is due today.
If you are an S corporation or partnership that successfully filed for an extension, your tax return is now due.
Forms:
Form 1040-ES, Estimated Tax for Individuals (Payment Voucher 3)
Form 1120S, Income Tax Return for an S Corporation
Form 1065, US Return of Partnership Income
October 15, 2024If you are a C corporation that filed for an extension, your income tax return is now due.
Forms:
Form 1120, U.S. Corporation Income Tax Return
