Important Dates For Taxpayers - 2023
Stay on top of your taxes in 2023 with our guide to important taxpayer dates!
Are you worried about tax season? Keep calm and organized by staying informed about the crucial taxpayer dates of 2023.
Our guide provides a helpful reference to meet deadlines for filing your tax returns, making estimated tax payments, and other essential events throughout the year. With this knowledge, you can avoid penalties and interest fees and take advantage of all the available tax benefits.
Don't wait until it's too late. Stay ahead of the game, and let our guide assist you throughout the tax season.
Important Dates For Individuals
- Start of the tax year (calendar) and Q1.
- Start of General Enrollment Period for Medicare Part A and Part B.
- Start of Open Enrollment Period for Medicare Advantage.
- Q4 estimated payment deadline for the prior year.
- Income tax return (form 1040) filling and payment deadline to avoid late penalty for Q4 estimate, if it was not timely paid.
- Form W-4 filing deadline for taxpayers who claimed an exception from income tax withholding for the prior year to continue their exemption in the current year.
- End of Medicare General Enrollment Period.
- Required beginning date for RMDs.
- Start of Q2.
- Income Tax Return ( Form 1040) filing and payment deadline.
- Gift tax return (Form 709) filing and payment deadline.
- Request for automatic six-month extension (Form 4868) filing deadline to extend filing Form 1040 and 709.
- Q1 estimated payment deadline.
- Deadline to contribute to an IRA or HSA for prior tax year.
- Q2 estimated payment deadline.
- Deadline to file FAFSA for prior academic year.
- Start of Q3.
- Q3 estimated payment deadline.
- Determination date for identifying designated beneficiaries of retirement accounts.
- Start of Q4.
- First day to file FAFSA for upcoming academic year.
- Extended income tax return (Form 1040) and gift tax return (Form 709) filing deadline.
- Start of Open Enrollment Period for existing Medicare enrollees.
- Start of Open Enrollment Period for Health Insurance Marketplace.
- End of Open Enrollment Period for existing Medicare enrollees.
- Health Insurance Marketplace deadline in order for coverage to begin on January 1st of the following year.
- Deadline for satisfying RMDs for current year.
- Deadline for dividing retirement accounts with multiple beneficiaries in order to separate accounting.
- Deadline for completing gifts for tax year.
- End of tax year (calendar).
Important Dates For Business Taxpayers
- Start of the tax year (calendar) and Q1.
- Q4 estimated payment deadline for the prior year for sole proprietorships and single-member LLCs.
- Various forms (1099 and 1098) issuance deadlines.
- Form W-2 issuance deadline.
- Various forms, 1099 and other information returns paper filing deadline.
- Income tax return (Form 1120S) filing and payment deadline for calendar year S-corporations.
- Income tax return (Form 1065 or 1065-B) filing and payment deadline for calendar year multi-member partnerships and multi-member LLCs (default)
- K-1 issuance deadline.
- Request for automatic six-month extension (Form 7004) filing deadline to extend filing Form 1120S, 1065 and 1065-B.
- S-corporation election (Form 2553) filing and deadline to be treated as an S-corporation in the current year.
- Various Forms 1099 and other information returns e-file deadline.
- Start of Q2.
- Income tax return (Form 1040) filing and payment deadline for sole proprietorships and single-member LLCs,
- Request for automatic six-month extension (Form 4868) filing deadline to extend filing Form 1040.
- Income tax return (Form 1120) filing and payment deadline for calendar year C-Corporations and multi-member LLCs that elect to be classified as a corporation.
- Request for automatic six-month extension (Form 7004) filing deadline to extend filing Form 1120.
- Q1 estimated payment deadline for sole proprietorships, single-member LLCs, C-Corporations, and multi-member LLCs that elect to be treated as a corporation.
- Q2 estimated payment deadline for sole proprietorships, single-member LLCs, C-Corporations, and multi-member LLCs that elect to be treated as a corporation.
- Start of Q3.
- Q3 estimated payment deadline for sole proprietorships, single-member LLCs, C-Corporations, and multi-member LLCs that elect to be treated as a corporation.
- Extended income tax return (Form 1120S) filing deadline for calendar year S-Corporations.
- Extended income tax return (Form 1065 or 1065-B) filing deadline for calendar year multi-member partnerships and multi-member LLCs (default.)
- Start of Q4.
- Extended income tax return (Form 1040) filing deadline for sole proprietorships and single-member LLCs.
- Extended income tax return (For 1120) filing deadline for calendar year C-Corporations and multi-member LLCs that elect to be classified as a corporation.
- Q4 estimated payment deadline for C-Corporations and multi-member LLCs that elect to be treated as a corporation.
- End of tax year (calendar).
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