Are you concerned about staying up to date on financial deadlines? Luca Financial is here to help you never miss these important deadlines. Below is a list of important dates:
January
January 15 – Make a payment of your estimated tax if you didn’t pay your income tax for the year through withholding (or didn’t pay enough tax that way). Use Form 1040-ES. This is the final installment date for this year’s estimated tax. However, you don’t have to make this payment if you file this year’s return (Form 1040 or Form 1040-SR) and pay any tax due by the following year.
Make an estimated tax payment of any fees (noted on your Form 1040, Form 1040-SR, or Form 1040-E) that you did not pay through withholding, or if you paid in insufficient income. Make this payment by the final installment date (the last day of September of the following year, if you file your Form 1040 or Form 1040-SR during the next calendar year).
January 31 – If you didn’t pay your last installment of estimated tax by January 15, you may choose (but aren’t required) to file your income tax return (Form 1040 or Form 1040-SR) by January 31. Filing your return and paying any tax due by January 31 prevents any penalty for late payment of the last installment. If you can’t file and pay your tax by January 31, file and pay your tax by April 15.
March
March 15 – Partnerships: File a tax return (Form 1065). Provide each partner with a copy of their Schedule K-1 (Form 1065), Partner’s Share of Income, Deductions, Credits, etc., or substitute Schedule K-1 (Form 1065).
March 15 – S corporations: File an income tax return (Form 1120-S) and pay any tax due. Provide each shareholder with a copy of their Schedule K-1 (Form 1120-S), Shareholder’s Share of Income, Deductions, Credits, etc., or substitute Schedule K-1 (Form 1120-S)
April
April 15 – Individuals: File Form 1040 or Form 1040-SR and pay any tax due. If you want an automatic 6-month extension of time to file the return, file Form 4868 and pay what you estimate you owe in tax to avoid penalties and interest.
April 15 – Individuals: If you’re not paying your current year’s income tax through withholding (or won’t pay enough tax during the year that way), pay the first installment of your 2020 estimated tax. Use Form 1040-ES.
April 15 – Corporations: File an income tax return (Form 1120) and pay any tax due. If you want an automatic 6-month extension of time to file the return, file Form 7004 and deposit what you estimate you owe in taxes.
June
June 15 – Individuals: Make a payment of your current year’s estimated tax if you’re not paying your income tax for the year through withholding (or won’t pay in enough tax that way). Use Form 1040-ES. This is the second installment date for the estimated tax.
September
September 15 – Individuals: Make a payment of your current year’s estimated tax if you’re not paying your income tax for the year through withholding (or won’t pay enough tax that way). Use Form 1040-ES. This is the third installment date for the estimated tax.
September 15 – Partnerships: File Form 1065. This due date applies only if you timely requested an automatic 6-month extension. Otherwise, see March 15, earlier. Provide each partner with a copy of their final or amended Schedule K-1 (Form 1065) or substitute Schedule K-1 (Form 1065).
September 15 – S corporations: File Form 1120-S and pay any tax, interest, and penalties due. This due date applies only if you timely requested an automatic 6-month extension of time to file the return. Otherwise, see March 15, earlier. Provide each shareholder with a copy of their final or amended Schedule K-1 (Form 1120-S) or substitute Schedule K-1 (Form 1120-S).
October
October 15 – Individuals: If you have an automatic 6-month extension to file your income tax return file Form 1040 or Form 1040-SR and pay any tax, interest, and penalties due.
October 15 – Corporations: File an income tax return (Form 1120) and pay any tax, interest, and penalties due. This due date applies only if you timely requested an automatic 6-month extension. Otherwise, see April 15, earlier.
If you use a fiscal year (rather than the calendar year) as your tax year, you should change some of the dates in this calendar. Use the following general guidelines to make these changes.
The 3 months that make up each quarter of a fiscal year may be different from those of each calendar quarter, depending on when the fiscal year begins. Contact us if you have any questions about your company’s due dates.
Source: (Hagler & Brocato)
Are you concerned about staying up to date on financial deadlines? Luca Financial is here to help you never miss these important deadlines. Below is a list of important dates:
January
January 15 – Make a payment of your estimated tax if you didn’t pay your income tax for the year through withholding (or didn’t pay enough tax that way). Use Form 1040-ES. This is the final installment date for this year’s estimated tax. However, you don’t have to make this payment if you file this year’s return (Form 1040 or Form 1040-SR) and pay any tax due by the following year.
Make an estimated tax payment of any fees (noted on your Form 1040, Form 1040-SR, or Form 1040-E) that you did not pay through withholding, or if you paid in insufficient income. Make this payment by the final installment date (the last day of September of the following year, if you file your Form 1040 or Form 1040-SR during the next calendar year).
January 31 – If you didn’t pay your last installment of estimated tax by January 15, you may choose (but aren’t required) to file your income tax return (Form 1040 or Form 1040-SR) by January 31. Filing your return and paying any tax due by January 31 prevents any penalty for late payment of the last installment. If you can’t file and pay your tax by January 31, file and pay your tax by April 15.
March
March 15 – Partnerships: File a tax return (Form 1065). Provide each partner with a copy of their Schedule K-1 (Form 1065), Partner’s Share of Income, Deductions, Credits, etc., or substitute Schedule K-1 (Form 1065).
March 15 – S corporations: File an income tax return (Form 1120-S) and pay any tax due. Provide each shareholder with a copy of their Schedule K-1 (Form 1120-S), Shareholder’s Share of Income, Deductions, Credits, etc., or substitute Schedule K-1 (Form 1120-S)
April
April 15 – Individuals: File Form 1040 or Form 1040-SR and pay any tax due. If you want an automatic 6-month extension of time to file the return, file Form 4868 and pay what you estimate you owe in tax to avoid penalties and interest.
April 15 – Individuals: If you’re not paying your current year’s income tax through withholding (or won’t pay enough tax during the year that way), pay the first installment of your 2020 estimated tax. Use Form 1040-ES.
April 15 – Corporations: File an income tax return (Form 1120) and pay any tax due. If you want an automatic 6-month extension of time to file the return, file Form 7004 and deposit what you estimate you owe in taxes.
June
June 15 – Individuals: Make a payment of your current year’s estimated tax if you’re not paying your income tax for the year through withholding (or won’t pay in enough tax that way). Use Form 1040-ES. This is the second installment date for the estimated tax.
September
September 15 – Individuals: Make a payment of your current year’s estimated tax if you’re not paying your income tax for the year through withholding (or won’t pay enough tax that way). Use Form 1040-ES. This is the third installment date for the estimated tax.
September 15 – Partnerships: File Form 1065. This due date applies only if you timely requested an automatic 6-month extension. Otherwise, see March 15, earlier. Provide each partner with a copy of their final or amended Schedule K-1 (Form 1065) or substitute Schedule K-1 (Form 1065).
September 15 – S corporations: File Form 1120-S and pay any tax, interest, and penalties due. This due date applies only if you timely requested an automatic 6-month extension of time to file the return. Otherwise, see March 15, earlier. Provide each shareholder with a copy of their final or amended Schedule K-1 (Form 1120-S) or substitute Schedule K-1 (Form 1120-S).
October
October 15 – Individuals: If you have an automatic 6-month extension to file your income tax return file Form 1040 or Form 1040-SR and pay any tax, interest, and penalties due.
October 15 – Corporations: File an income tax return (Form 1120) and pay any tax, interest, and penalties due. This due date applies only if you timely requested an automatic 6-month extension. Otherwise, see April 15, earlier.
If you use a fiscal year (rather than the calendar year) as your tax year, you should change some of the dates in this calendar. Use the following general guidelines to make these changes.
The 3 months that make up each quarter of a fiscal year may be different from those of each calendar quarter, depending on when the fiscal year begins. Contact us if you have any questions about your company’s due dates.
Source: (Hagler & Brocato)
Are you concerned about staying up to date on financial deadlines? Luca Financial is here to help you never miss these important deadlines. Below is a list of important dates:
January
January 15 – Make a payment of your estimated tax if you didn’t pay your income tax for the year through withholding (or didn’t pay enough tax that way). Use Form 1040-ES. This is the final installment date for this year’s estimated tax. However, you don’t have to make this payment if you file this year’s return (Form 1040 or Form 1040-SR) and pay any tax due by the following year.
Make an estimated tax payment of any fees (noted on your Form 1040, Form 1040-SR, or Form 1040-E) that you did not pay through withholding, or if you paid in insufficient income. Make this payment by the final installment date (the last day of September of the following year, if you file your Form 1040 or Form 1040-SR during the next calendar year).
January 31 – If you didn’t pay your last installment of estimated tax by January 15, you may choose (but aren’t required) to file your income tax return (Form 1040 or Form 1040-SR) by January 31. Filing your return and paying any tax due by January 31 prevents any penalty for late payment of the last installment. If you can’t file and pay your tax by January 31, file and pay your tax by April 15.
March
March 15 – Partnerships: File a tax return (Form 1065). Provide each partner with a copy of their Schedule K-1 (Form 1065), Partner’s Share of Income, Deductions, Credits, etc., or substitute Schedule K-1 (Form 1065).
March 15 – S corporations: File an income tax return (Form 1120-S) and pay any tax due. Provide each shareholder with a copy of their Schedule K-1 (Form 1120-S), Shareholder’s Share of Income, Deductions, Credits, etc., or substitute Schedule K-1 (Form 1120-S)
April
April 15 – Individuals: File Form 1040 or Form 1040-SR and pay any tax due. If you want an automatic 6-month extension of time to file the return, file Form 4868 and pay what you estimate you owe in tax to avoid penalties and interest.
April 15 – Individuals: If you’re not paying your current year’s income tax through withholding (or won’t pay enough tax during the year that way), pay the first installment of your 2020 estimated tax. Use Form 1040-ES.
April 15 – Corporations: File an income tax return (Form 1120) and pay any tax due. If you want an automatic 6-month extension of time to file the return, file Form 7004 and deposit what you estimate you owe in taxes.
June
June 15 – Individuals: Make a payment of your current year’s estimated tax if you’re not paying your income tax for the year through withholding (or won’t pay in enough tax that way). Use Form 1040-ES. This is the second installment date for the estimated tax.
September
September 15 – Individuals: Make a payment of your current year’s estimated tax if you’re not paying your income tax for the year through withholding (or won’t pay enough tax that way). Use Form 1040-ES. This is the third installment date for the estimated tax.
September 15 – Partnerships: File Form 1065. This due date applies only if you timely requested an automatic 6-month extension. Otherwise, see March 15, earlier. Provide each partner with a copy of their final or amended Schedule K-1 (Form 1065) or substitute Schedule K-1 (Form 1065).
September 15 – S corporations: File Form 1120-S and pay any tax, interest, and penalties due. This due date applies only if you timely requested an automatic 6-month extension of time to file the return. Otherwise, see March 15, earlier. Provide each shareholder with a copy of their final or amended Schedule K-1 (Form 1120-S) or substitute Schedule K-1 (Form 1120-S).
October
October 15 – Individuals: If you have an automatic 6-month extension to file your income tax return file Form 1040 or Form 1040-SR and pay any tax, interest, and penalties due.
October 15 – Corporations: File an income tax return (Form 1120) and pay any tax, interest, and penalties due. This due date applies only if you timely requested an automatic 6-month extension. Otherwise, see April 15, earlier.
If you use a fiscal year (rather than the calendar year) as your tax year, you should change some of the dates in this calendar. Use the following general guidelines to make these changes.
The 3 months that make up each quarter of a fiscal year may be different from those of each calendar quarter, depending on when the fiscal year begins. Contact us if you have any questions about your company’s due dates.
Source: (Hagler & Brocato)
For more information about taxes, please check out our resources. Here is a resource if you want to learn how to save money on taxes.
