Important Tax Deadlines and Dates

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The IRS has extended the tax deadline for individual tax returns, quarterly estimated taxes, and for filing a tax extension in 2020 in response to Coronavirus. Knowing when and what you have to file can save you a lot of headaches at tax time. Mark your calendar with these updated important tax deadlines.

January 15, 2020 4th Quarter 2019 Estimated Tax Payment Due
If you are self-employed or have other fourth-quarter income that requires you to pay quarterly estimated taxes, get them postmarked by January 15, 2020 tax deadline.
July 15, 2020

(Was April 15, 2020)

Individual Tax Returns Due for Tax Year 2019
The due date for filing tax returns and making tax payments is extended from April 15 to July 15. If you haven’t applied for an extension, e-file or postmark your individual tax returns by midnight.

 

Individual Tax Return Extension Form Due for Tax Year 2019
In 2020, you have some extra time to file for an extension. File your request for a tax extension by this date to push your tax deadline back to October 15, 2020.

 

1st Quarter 2020 Estimated Tax Payment Due
You’ll get a three month extension to make your first 2020 estimated tax payment. If you are self-employed or have other first-quarter income that requires you to pay quarterly estimated taxes, get your Form 1040-ES postmarked by this date.

 

Last Day to make a 2019 IRA Contribution
Your 2019 IRA contribution isn’t due for an additional three months in 2020. If you haven’t already funded your retirement account for 2019, do so by July 15, 2020. That’s the deadline for a contribution to a traditional IRA, deductible or not, and a Roth IRA. However, if you have a Keogh or SEP and you get a filing extension to October 15, 2020, you can wait until then to put 2019 money into those accounts.
July 15, 2020

(Was June 15, 2020)

2nd Quarter 2020 Estimated Tax Payment Due
In 2020, your 2nd quarter 2020 estimated tax payment is due at the same time as your 1st quarter payment due to the extension of the payment deadlines. If you are self-employed or have other second-quarter income that requires you to pay quarterly estimated taxes, make sure your payment is postmarked by this date.
September 15,  2020

(No change)

3rd Quarter 2020 Estimated Tax Payment Due
If you are self-employed or have other third-quarter income that requires you to pay quarterly estimated taxes, make sure your third quarter payment is postmarked by Sept. 15, 2020 tax deadline.
October 15, 2020

(No change)

Extended Individual Tax Returns Due
If you got a filing extension on your 2019 tax return, you need to get it completed and postmarked by October 15, 2020.
January 15, 2021

(No Change)

4th Quarter 2020 Estimated Tax Payment Due
If you are self-employed or have other fourth-quarter income that requires you to pay quarterly estimated taxes, get them postmarked by January 15, 2021 tax deadline.

From TurboTax

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