Here are some important dates related to your taxes this spring and summer:
April 15
- Individuals file a 2023 income tax return (Form 1040) and pay any tax due. If not able to file, file form 4868 to request an automatic 6-month extension. If tax is due, it must be paid with the Form 4868.
- First quarter estimate is due for 2024 for individuals that pay estimated taxes.
- Corporations file a 2023 calendar year tax return (Form 1120) and pay any tax due. If not able to file, file Form 7004 to request an automatic 6-month extension.
- Corporations deposit the first installment of estimated income tax for 2024.
April 30
- Non-farm employers file Form 941 for the first quarter to report Social Security, Medicare, and withholding.
June 17
- Second quarter estimate is due for 2024 for individuals that pay estimated taxes.
- Corporations deposit the 2nd installment of estimated income tax for 2024.
July 31
- Non-farm employers file Form 941 for the second quarter to report Social Security, Medicare, and withholding.
- Form 5500 is due for all employers that maintain an employee benefit plan such as a pension plan.
- If not able to file, file form 5588 to request an automatic 2.5 month extension.
To view the spring 2024 issue of Partners magazine in its entirety, click here.
