Tax filing deadline for 2024: Key dates to remember

## Important Tax Filing Deadlines ### Standard Filing Deadline The standard tax filing deadline for most individual taxpayers is **Monday, April 15, 2024**. This deadline applies to Form 1040 and related schedules for the 2023 tax year. ### Key Dates Timeline 1. **January Dates**: - January 15, 2024: Fourth quarter 2023 estimated tax payment due - Late January: Employers must send W-2 forms - January 29, 2024: [IRS begins accepting and processing 2023 tax returns](https://www.irs.gov/newsroom/irs-sets-january-23-as-official-start-to-2023-tax-filing-season-more-help-available-for-taxpayers-this-year) 2. **March Dates**: - March 15, 2024: S-corporation and partnership returns due (Forms 1120-S and 1065) 3. **Additional Important Deadlines**: - April 15, 2024: Individual tax returns and first quarter estimated tax payment due - June 17, 2024: Second quarter estimated tax payment due - September 16, 2024: Third quarter estimated tax payment due - October 15, 2024: Extended individual tax returns due ### Special Circumstances #### Maine and Massachusetts Residents Due to the Patriots' Day holiday, taxpayers in Maine and Massachusetts have until **April 17, 2024**, to file their federal tax returns. #### Natural Disaster Areas The IRS may announce extended deadlines for taxpayers in federally declared disaster areas. Check the [IRS disaster relief page](https://www.irs.gov/newsroom/irs-sets-january-23-as-official-start-to-2023-tax-filing-season-more-help-available-for-taxpayers-this-yearnewsroom/tax-relief-in-disaster-situations) for updates. ## Quarterly Estimated Tax Payment Schedule | Quarter | Due Date | |---------|----------| | Q1 2024 | April 15, 2024 | | Q2 2024 | June 17, 2024 | | Q3 2024 | September 16, 2024 | | Q4 2024 | January 15, 2025 | ## Understanding Extensions > **Important Note**: An extension of time to file is *not* an extension of time to pay. Any taxes owed must still be paid by April 15, 2024, to avoid penalties and interest. Taxpayers can request an automatic six-month extension using [Form 4868](https://www.irs.gov/newsroom/irs-sets-january-23-as-official-start-to-2023-tax-filing-season-more-help-available-for-taxpayers-this-yearforms-pubs/about-form-4868). For businesses, [Form 7004](https://www.irs.gov/newsroom/irs-sets-january-23-as-official-start-to-2023-tax-filing-season-more-help-available-for-taxpayers-this-yearforms-pubs/about-form-7004) is used to request an automatic extension. ## Tips for a Smooth Tax Season ### Document Preparation - Organize all necessary documents, including W-2s, 1099s, and receipts for deductions - Keep organized records throughout the year - Consider e-filing for faster processing - Set calendar reminders for important dates ### Best Practices - **Consider E-Filing**: The IRS encourages electronic filing through their [e-file options](https://www.irs.gov/newsroom/irs-sets-january-23-as-official-start-to-2023-tax-filing-season-more-help-available-for-taxpayers-this-yearfiling/e-file-options) - **Use Tax Software or a Professional**: For complex tax situations, consider using tax preparation software or hiring a professional - **Stay Informed**: Monitor the [IRS Newsroom](https://www.irs.gov/newsroom/irs-sets-january-23-as-official-start-to-2023-tax-filing-season-more-help-available-for-taxpayers-this-yearnewsroom) for updates on tax law changes ## Common Mistakes to Avoid - Missing deadlines, resulting in penalties and interest - Incorrect information on tax returns - Overlooking eligible deductions and credits - Failing to pay estimated taxes on time ## Penalties for Late Filing The IRS charges: - 5% of unpaid taxes per month (up to 25%) for late filing - 0.5% to 1% of unpaid taxes per month (up to 25%) for late payment For more detailed information and resources, visit the [IRS official website](https://www.irs.gov/newsroom/irs-sets-january-23-as-official-start-to-2023-tax-filing-season-more-help-available-for-taxpayers-this-year).

Tax filing deadline for 2024: Key dates to remember

Related articles