Individual Tax Calendar: Important Income Tax Deadlines in 2019
While April 15th is the main tax deadline on most individual taxpayers’ minds, there are other deadlines through the rest of the year that are important to be aware of. To help you make sure you don’t miss any important 2019 deadlines, here’s a look at when some key tax-related forms, payments, and other actions are due. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you.
Please review the calendar and let us know if you have any questions about the deadlines or would like assistance in meeting them.
Deadlines Organized by Date
January 15, 2019
- Deadline to pay the fourth quarter estimated tax payment for tax year 2018
January 31, 2019
- Deadline for employers to mail out W-2 Forms to their employees and for businesses to furnish 1099 Forms reporting, among other things, nonemployee compensation, bank interest, dividends, and distributions from a retirement plan
February 15, 2019
- Deadline for financial institutions to mail out Form 1099-B relating to sales of stock, bonds, or mutual funds through a brokerage account, Form 1099-S relating to real estate transactions; and Form 1099-MISC if the sender is reporting payments in boxes 8 or 14
February 28, 2019
- Deadline for businesses to mail Forms 1099 and 1096 to the IRS
March 15, 2019
- Deadline for S corporations tax returns (Forms 1120S, 1120A ) for the year 2018, or to request automatic six-month extension of time to file (Form 7004) for corporations that use the calendar year as their tax year
- Deadline to file partnership tax returns (Form 1065) or to request an automatic five-month extension of time to file (Form 7004)
April 15, 2019
- Deadline to file individual tax returns (Form 1040) for the year 2018 or to request an automatic extension (Form 4868). An extension provides an extra six months to file your return. Payment of the tax is still due by April 15. You can submit payment for any taxes you owe along with the extension form.
- If you’re a C corporation then you will file your returns on the Form 1120. If you’re a C corporation then you will file your returns on the Form 1120. Here your tax year matters since it will determine the exact date on which you will be expected to file your returns. If your year ends on December 31, then the corporate tax return due date for 2018 will be April 15, 2019. Here your tax year matters since it will determine the exact date on which you will be expected to file your returns. If your year ends on December 31, then the corporate tax return due date for 2018 will be April 15, 2019
- Last day to make a contribution to traditional IRA, Roth IRA, Health Savings Account, SEP-IRA, or solo 401(k) for the 2018 tax year. You have until October 15 to fund a SEP-IRA or solo 401(k) if you get an extension.
- First-quarter estimated tax payments due for the 2019 tax yearDeadline to file estate income tax or trust income tax returns (Form 1041) or to request an automatic five-month extension of time to file (Form 7004)
May 31, 2019
- Deadline for financial institutions to send out Form 5498 to report balances in an individual retirement account
June 17, 2019
- Second-quarter estimated tax payments due for the 2018 tax year
June 17, 2019
- Deadline for U.S. citizens living abroad to file individual tax returns or file Form 4868 for an automatic 4-month extension
September 16, 2019
- Third-quarter estimated tax payments due for the 2019 tax year
- Final deadline to file corporate tax returns for the year 2018 if an extension was requested. (Forms 1120, 1120A, 1120S)
October 1, 2019
- Deadline for self-employed persons or small employers to establish a SIMPLE-IRA
October 15, 2019
- Final extended deadline to file individual tax returns for the year 2018 (Form 1040)
- Last day the IRS will accept an electronically filed tax return for the year 2018. If you’re filing after this date, you’ll have to mail in your tax return for processing.
- Final deadline to fund a SEP-IRA or solo 401(k) for tax year 2018 if you requested an automatic extension of time to file.
What If You Miss a Date?
The IRS says you should file your return as soon as possible if you miss a deadline. If you owe taxes, pay them as soon as possible as well. You’ll probably be hit with a moderate financial penalty, if only an extra interest charge, but the IRS should accept your money and your return and that will be the end of it unless there’s another problem.
If you owe money and don’t want to send a check to the IRS via snail mail and risk all the extra time that might entail, go to IRS Direct Pay and have the payment debited directly from your bank account. You might also want to e-file your late return if possible if you haven’t missed that deadline. Most taxpayers can do that at IRS Free File. The IRS will accept e-filed returns up until Oct. 15.
And if you can’t pay the tax you owe immediately, don’t delay. File your return anyway and immediately apply for an installment agreement. The IRS will let you pay overtime as long as you make arrangements to do so.