As Tax Day approaches, it’s important to mark your calendar with the key dates that will ensure you’re on track for a timely and accurate tax filing. Here’s what you need to know for Tax Day 2024:

January 31, 2024 – W-2s and 1099s Deadline

Employers must send out W-2 forms and, if applicable, 1099 forms by this date. These documents are essential for reporting your earnings and potential other income when you file your taxes.

April 15, 2024 – Tax Day

The big day. This is the deadline for filing your federal taxes and paying any amount owed to the IRS. If you’re filing by mail, ensure it’s postmarked by this date. If you’re paying electronically or filing online, transactions must be completed by midnight.

April 15, 2024 – Deadline to Request an Extension

If you can’t make the April 15 deadline, file Form 4868 by this date to get a six-month extension. This will give you until October 15, 2024, to file your tax return. Remember that an extension to file does not mean an extension to pay; you still need to estimate and pay what you owe by April 15 to avoid penalties.

June 16, 2024 – Deadline for U.S. Citizens Living Abroad

U.S. citizens or resident aliens living outside the United States and Puerto Rico have until this date to file their tax returns and pay any taxes owed.

September 16, 2024 – Third Quarterly Estimated Tax Payment Due

For those who pay taxes quarterly — often self-employed individuals or those with other sources of income without withholding — the third estimated tax payment for the year is due by this date.

October 15, 2024 – Final Extended Deadline

If you requested an extension on your tax return filing, this is your final deadline to submit it.

December 31, 2024 – Lost Deductions and Credits Deadline

Make sure to take any deductions or credits before year-end; otherwise, you might miss out on them when filing your taxes next year.

Remember that even if some of these dates fall on a weekend or holiday, the deadlines may be pushed to the next business day. Always check with the IRS or consult with a tax professional if there are any uncertainties regarding your situation. Good record-keeping and early preparation can make Tax Day a smooth process and help avoid any penalty charges for late submissions or payments.