Key Tax Deadlines for 2024
The tax filing deadline for most taxpayers in the United States is April 15, 2024. This deadline applies to:
- Individual tax returns (Form 1040)
- Self-employed tax returns
- C-corporation returns
- First quarter 2024 estimated tax payments
Important Tax Dates for 2024
Deadline | Description |
---|---|
January 16 | Fourth quarter 2023 estimated tax payment due |
January 31 | W-2s and 1099s must be sent to recipients |
April 15 | Standard filing deadline |
June 17 | Second quarter 2024 estimated tax payment due |
September 16 | Third quarter 2024 estimated tax payment due |
October 15 | Extended filing deadline |
Filing for an Extension
If you are unable to meet the April 15th deadline, you can file for an extension using Form 4868, which gives you an additional six months to file your return.
An extension of time to file is NOT an extension of time to pay. Any taxes owed must still be paid by April 15 to avoid penalties and interest.
State Tax Deadlines
While most states align with federal deadlines, some have different due dates:
- Virginia: May 1, 2024
- Delaware: April 30, 2024
- Louisiana: May 15, 2024
Check with your state's tax agency through the Federation of Tax Administrators for specific deadlines.
Tips for Preparing Your Taxes
-
Gather Your Documents Early: Start collecting your W-2s, 1099s, and any other relevant tax documents as soon as they become available.
-
Consider E-Filing: The IRS encourages electronic filing through:
- IRS Free File for those with income below $73,000
- Commercial tax preparation software
- Professional tax preparers
- IRS e-file
-
Review Tax Deductions and Credits: Make sure you are aware of any deductions or credits you may be eligible for, such as the Earned Income Tax Credit (EITC) or the Child Tax Credit.
-
Consult a Tax Professional: If your tax situation is complex, consider professional help.
Payment Options
Several payment methods are available:
- Direct Pay from your bank account
- Credit or debit card payments
- Electronic Federal Tax Payment System (EFTPS)
- Check or money order by mail
Late Filing Penalties
Failing to file or pay on time can result in significant penalties:
- Late filing penalty: 5% of unpaid taxes per month
- Late payment penalty: 0.5% of unpaid taxes per month
- Interest charges on unpaid taxes
Special Circumstances
Natural Disaster Areas
Taxpayers in federally declared disaster areas may receive additional time to file. Check the IRS disaster relief page for updates.
Military Personnel
Active duty military personnel serving in combat zones receive automatic extensions and should consult the Military Tax Resource Center for specific guidance.
For more detailed information, visit the IRS website.