2024 Tax Planner
Download the DLD 2024 Tax Planner here and start putting together your tax information.
2023 Tax Planner
Download the DLD 2023 Tax Planner here.
Individual Due Dates.
January 15, 2025
4th Quarter 2024 estimated tax payment due. If you’re self-employed or have other income without any tax withholding, and you make quarterly estimated tax payments, this is the due date for your final quarterly payment for the 2024 tax year.
January 29, 2025
2024 Tax season begins. This marks the first day the IRS will begin accepting and processing 2024 federal tax returns.
January 31, 2025
Due date for employers to send W-2 forms. To ensure you’re able to complete your tax return on time, the IRS requires all employers to send you a W-2 no later than January 31 following the close of the tax year. Generally, this means W-2s get sent by January 31, but you won’t necessarily receive your form by this date.
Certain 1099 forms are sent. Various 1099 forms, and forms 1099-NEC,1099-MISC, and 1099-K are used to report payments that typically don’t come from an employer, such as if you work as an independent contractor, gig worker, or self-employed person or if you receive income such as interest, dividends, prize winnings, rents, royalties, or brokerage account transactions. If January 31 falls on a weekend or holiday, these forms are due to be sent the following business day.
February 15, 2025
Reclaim your exemption from withholding. If you chose to claim an exemption from your employer withholding taxes from your paycheck last year by filing a Form W-4, you’ll need to re-file the form by this date. You would file this exemption request if you anticipate having no tax liability this year and had none in the previous year.
April 1, 2025
Required minimum distribution due if you turned 73 in 2024. If you turned 73 in 2024, you have until April 1, 2025 to take your 2024 required minimum distribution (your first required distribution) from your retirement account. After passage of the SECURE Act in 2022, if you turned 73 years old on or after 2022, you don’t need to take RMDs until you reach age 73.
April 15, 2025
Tax day (unless extended due to local state holiday). The tax deadline typically falls on April 15 each year, but can be delayed if it falls on a weekend or holiday. Missing the tax deadline can have consequences like penalties and interest.
Deadline to File Form 4868 and request an extension. The tax day deadline is also the last day to file Form 4868 requesting an extension to file your individual income tax return. If you won’t be ready to file your tax return by tax day, make sure you instead complete an extension request, granting you the ability to delay filing a completed return until October 15, 2025. But remember, even if you choose to file an extension, you are still required to pay any taxes you may owe by the April deadline.
Deadline to make IRA and HSA contributions for 2024 tax year. For individual income tax return filers, this also marks the final day to make contributions to your IRA or HSA for the 2024 tax year. After this date, you generally can’t make contributions for the previous tax year.
First quarter 2025 estimated tax payment due. Making estimated tax payments means that you need to estimate how much income you’re likely to make for the year and determine how much you will owe to the IRS for income taxes. You can use IRS Form 1040-ES to calculate how much tax liability you'll have for the year. IRS Publication 505 contains all the rules and details you might need to know about how to calculate this amount. If you overestimated how much tax liability you’d owe for a year and are due a refund, you can choose to receive that money now or apply the overage to the following year’s quarterly tax payments.
June 16, 2025
Second quarter 2025 estimated tax payment due. Despite the IRS referring to these payments as quarterly estimated taxes, the due dates don’t necessarily fall within “quarters” nor do they each represent three months of tax payments. They represent an equal quarterly share of your estimated income tax liability paid at uneven intervals. The first payment occurs 3 and a half months into the year. The second payment is five and a half months; the third payment is eight and a half months, and the fourth payment is due 12 and a half months after the year starts.
September 15, 2025
Third quarter 2025 estimated tax payment due.
October 15, 2025
Deadline to file your extended 2024 tax return. If you chose to file an extension request on your tax return, this is the due date for filing your tax return.
December 31, 2025
Required minimum distributions must be taken for individuals age 73 or older by the end of 2025. After taking your first RMD (for 2025) by April 1, 2025 if you turned 73 or older by the end of 2025, you also need to take your 2025 RMD by the end of the year. This is also the deadline if you are otherwise required to take an RMD for 2025.
January 15, 2026
Fourth quarter 2025 estimated tax payment due. This represents the final quarterly estimated tax payment due for 2025. If you choose the option to pay 100% of your previous year’s tax liability, any unpaid taxes will be due when you file your 2025 individual tax return by the April 2026 deadline.
Business Due Dates.
January 15, 2025
4th Quarter 2024 estimated tax payment due.
January 29, 2025
2024 Tax season begins.
January 31, 2025
Employers send W-2s forms to employees. Send certain 1099 forms.
March 17, 2025
Taxes are due for some business types (partnerships, multi-member LLCs, and S-Corporations). Businesses organized as partnerships, including multi-member LLCs, and S-Corporations need to file Form 1065, or 1120S by March 17, 2025, if they are a calendar year business. 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.
April 15, 2025
Taxes for C-Corporations are due. Businesses organized as C-Corporations need to file form 1120 by April 15, 2025, if they are a calendar year business. 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 in April.
September 15, 2025
Deadline for extended partnership and S-corporation returns.
October 15, 2025
Deadline for extended C-corporation returns.
January 15, 2026
Fourth quarter 2025 estimated tax payment due.