If you already filed your tax return, you cansee when to expect your federal income tax refund here. Note: most refunds are in less than 21 days. Estimated Tax Deadlines For 2025 Payments for estimated taxes are due on four different quarterly dates throughout the year. ...
Federal income tax returns for tax year 2024 are due on April 15, 2025. If you file for an extension, you have until October 15, 2025, to file your return, but you still must pay any taxes you owe by April 15, 2025. If you pay quarterly estimated taxes, payments are due on April...
LISA GREENE-LEWIS: Right. So the second quarterly tax payment for tax year 2022 is due June 15th, and then the third one is due September 15th, and then the final one is January 17th, 2023. TRACY BYRNES: So just as a reminder, four of them, you're supposed to make four estimated ...
From the filing to quarterly estimated payments, there are several key IRS deadlines you should know about. Missing a tax deadline can result in penalties, so it’s essential to make sure you're filing and paying your taxes on time. Learn more about IRS
April 15, 2015:This is the traditional tax filing deadline for most individual taxpayers. It is the due date for filing your federal income tax return for the previous year. April 15, 2015:If you need more time to file your taxes, you can request an extension on this date. The extensio...
April 15, 2025 – The deadline for a sole proprietor or any LLCs taxed as disregarded entities. These organizations usually report their taxes on Schedule C of their individual tax return. What if you are self-employed? Self-employed individuals mustpay estimated quarterly taxpayments during the...
A tax pro can help you decide if you need to increase your tax withholding throughout the year (by filling out a new Form W-4) or pay quarterly estimated taxes for future years. On the flip side, if you're due a large refund, say $2,500 for an individual or $5,000 for a ...
The IRS may require you to make estimated tax payments for any income not subject to withholding. If the sale of an asset leads to significant capital gains, you may need to pay quarterly taxes on the amount. Failing to do so can result in penalties and interest charged on the amount you...
A freelancer or self-employed person who files quarterlyestimated taxesmay overpay to avoid a surprise tax bill or underpayment penalties at tax time.4 The taxpayer is eligible forrefundable tax credits, which can reduce the amount of taxes owed below $0. In other words, if the credit is lar...
Tax returns in the U.S. for the year are usually due on April 15 of the following year. Business taxes may be filed using a calendar year or a fiscal year. How a Tax Year Works A tax year is an annual accounting period for paying or withholding taxes, keeping records, and reporting...