Tax Filing and Payment Deadlines
The IRS filing and payment deadlines can be confusing. The filing deadlines do not always match the payment deadlines and “quarterly” payments to the IRS do not actually mean “every 3 months”. See below for a schedule of the year’s deadlines. Deadlines may adjust slightly for weekends, federal, and local holidays.
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January 15 - 4th Quarter (prior year) estimated tax payment due.
January 31 - Due date for employers to send W-2 forms.
- Certain 1099 forms are sent.
February 15 - Reclaim your exemption from withholding.
April 3 - Required minimum distribution due if you turned 72 in 2022. If you turned 72 in 2022, you have until April 3, 2023, to take your 2022 required minimum distribution (your first required distribution) from your retirement account. After the passage of the SECURE Act in 2019, if you turned 70 years old on or after July 1, 2019, you don’t need to take RMDs until you reach age 72.
April 15 - Tax day (unless extended due to local state holiday).
- Deadline to File Form 4868 and request an extension.
- Deadline to make IRA and HSA contributions for the prior year.
- First quarter estimated tax payment due.
June 15 - Second quarter estimated tax payment due.
September 15 - Third quarter estimated tax payment due.
October 15 - Deadline to file your extended tax return.
December 31 - Required minimum distributions must be taken for individuals age 73 or older by the end of 2023. After taking your first RMD (for 2022) by April 1, 2023 if you turned 72 in 2022, you also need to take your 2023 RMD by the end of the year. This is also the deadline if you are otherwise required to take an RMD for 2023.
January 15 - Fourth quarter estimated tax payment due.
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Fiscal Year Businesses - If your business uses a fiscal year, you need to file your tax return by the 15th day of the third month following the close of your tax year. For example, if your business uses an April 1 - March 31 tax year, your business tax return would be due June 15 instead of March 15.
January 15 - 4th Quarter (prior year) estimated tax payment due.
January 31 - Employers send W-2s forms to employees.
- Send certain 1099 forms.
- Form 940s are due.
- Quarterly payroll returns are due.
March 15 - Tax returns are due for partnerships, multi-member LLCs, and S-Corporations. This can be extended.
- Tax payments are due for partnerships, multi-member LLCs, and S-Corporations. This cannot be extended.
April 30 - Quarterly payroll returns are due.
July 31 - Quarterly payroll returns are due.
September 15 - Deadline for extended partnership and S-corporation returns.
October 15 - Deadline for extended C-corporation returns.
October 31 - Quarterly payroll returns are due.
January 15 - Fourth quarter estimated tax payment due.
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This post is to be used for informational purposes only and does not constitute legal, business, or tax advice. Each person should consult his or her own attorney, business advisor, or tax advisor with respect to matters referenced in this post. Level Books assumes no liability for actions taken in reliance upon the information contained herein.
