2024 Tax Deadlines for the Self Employed
January 16, 2024: 2023 fourth quarter estimated tax payment is due.
January 31, 2024: Deadline to issue 2023 1099 contractor forms.
April 15, 2024: Deadline to file your 2023 personal tax return (or an extension).
April 15, 2024: First quarter estimated tax payment is due.
April 15, 2024: Last day to make 2023 retirement contributions.
June 17, 2024: Second quarter estimated tax payment is due.
September 16, 2024: Third quarter estimated tax payment is due.
October 15, 2024: Deadline to file your extended 2023 personal tax return.
January 15, 2025: Fourth quarter estimated tax payment is due.
When is the deadline to file a federal tax return extension?
You must file an extension by April 15, 2024, if you need more time to file your 2023 tax return. Remember – a tax extension gives you more time to submit your return, not to pay your taxes.
Will the IRS extend the tax deadline for 2023 returns?
It depends – the IRS typically only extends deadlines in the case of unexpected events, like natural disasters. As of right now, the deadline is on track to be April 15, 2024.
Corporate Taxes Deadlines
Sole Proprietors
Filing deadline: April 15, 2024. Extension Deadline: Oct. 15, 2024
Partnerships
Filing deadline: March 15, 2024. Extension Deadline: Sept. 16, 2024
Multimember LLCs
Filing deadline: March 15, 2024. Extension Deadline: Sept. 16, 2024
S-Corps
Filing deadline: March 15, 2024. Extension Deadline: Sept. 16, 2024
C-Corps
Filing deadline: April 15, 2024. Extension Deadline: Oct. 15, 2024
1099 Contractor Forms
January 31, 2024: This is the last date to issue 1099-NEC and 1099-K forms. Many small business owners use 1099 contractors and freelancers to support their businesses.
• If you hired a freelancer in 2023, you’re required to issue a 1099-NEC form to each contractor who earned more than $600.
• If you were paid more than $600 as a freelancer in 2023, you should expect to receive a 1099-NEC or 1099-K from a client or employer. Remember: January 31, 2024 is the last day for payers to postmark these forms, so even if you haven’t received yours by the 31st, it may still be on the way to you.
Save the link for IRS Online Tax Calendar to follow federal tax deadlines for 2024 and further on.