Key Tax Filing Dates for 2024
January Deadlines
- January 16, 2024: Fourth Quarter 2023 estimated tax payment due
- January 29, 2024: IRS begins accepting and processing 2023 tax returns
- January 31, 2024: Deadline for employers to mail W-2 forms
Standard Filing Deadline
The standard tax filing deadline for individual returns (Form 1040) in 2024 is Monday, April 15. This date is significant for:
- Individual tax returns due
- First quarter 2024 estimated tax payment
- Last day to contribute to IRAs for 2023
- Last day to contribute to HSAs for 2023
State-Specific Exceptions
Some states have different deadlines due to local holidays:
- Massachusetts and Maine: April 17, 2024 (due to Patriots' Day)
- Washington, D.C.: April 17, 2024 (due to Emancipation Day)
Other Important Quarterly Dates
- 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
Business Tax Deadlines
| Business Type | Standard Deadline | Extended Deadline |
|---|---|---|
| S-Corps | March 15, 2024 | September 16, 2024 |
| Partnerships | March 15, 2024 | September 16, 2024 |
| C-Corps | April 15, 2024 | October 15, 2024 |
Understanding Tax Extensions
How to File for an Extension
- Form 4868: File this form for an automatic six-month extension to October 15, 2024
- An extension to file is NOT an extension to pay
- Check with your state tax agency regarding state-specific extensions
Special Extensions
Military Personnel
- 180 days after returning from deployment
- Additional time based on qualifying situations
Natural Disaster Areas
The IRS often provides extended deadlines for taxpayers affected by federally declared disasters. Check the IRS disaster relief page for updates.
Penalties and Consequences
Missing the filing deadline without an extension can result in:
- Failure-to-file penalty: 5% of unpaid taxes per month
- Failure-to-pay penalty: 0.5% of unpaid taxes per month
- Interest charges on unpaid taxes
Tips for a Smooth Tax Season
- Organize your documents early
- Use tax preparation software or consult a professional
- Set calendar reminders for important dates
- File electronically for faster processing
- Keep copies of all tax documents for at least three years
Electronic Filing Options
The IRS encourages electronic filing through:
- IRS Free File for eligible taxpayers
- Commercial tax preparation software
- Professional tax preparers
- IRS e-file system
Additional Resources
- IRS Website: Visit the IRS official website for the most up-to-date information
- Taxpayer Advocate Service: The Taxpayer Advocate Service can provide assistance with IRS-related issues