This guide aims to simplify the process by providing detailed information on the federal income tax deadlines for 2025, ensuring you stay compliant and avoid any last-minute surprises. The forms you fill out might include the 1040 (annual tax returns) or 1040-ES (for freelancers or self-employed individuals to calculate and pay estimated taxes tax filing for the current year). In cases of natural disasters, the IRS often provides relief by extending the tax filing deadline for affected areas.

How do I apply for an extension?

• If you don’t file, you may face penalties for failure to file (which can be up to 5% of your unpaid taxes per month) and interest on any unpaid tax.
• For people affected by natural disasters, the extension is automatically given.
• “Cash” means U.S. and foreign coin and currency and a cashier’s check, bank draft, traveler’s check, or money order.
• Taxpayers must make these payments if they expect to owe at least $1,000 in tax when they file their annual return.
• Tax Day is the official deadline for filing federal income tax returns and paying any taxes owed.
• With an extension, the filing deadline moves to October 15, 2025.

If you file more than online bookkeeping 60 days after the due date, you’ll contend with a minimum penalty of $485 or 100% of your unpaid tax, whichever is less. However, setting up a payment plan cuts the failure to pay penalties by 50%. If you can’t pay by the deadline, or can’t pay in full, pay what you can and apply for an online payment plan. It covers excise tax obligations and payroll tax deposit deadlines that may apply to your company.

Form 8862 — “Claiming Credits After Disallowance”

There’s the short-term payment plan, applicable if the balance owed is less than $100,000, and the long-term payment plan, if the balance owed is less than $50,000. The IRS provides a full list of what is considered a disaster area including any relief and postponed deadlines. It’s worth noting that when a tax due date falls on a weekend or a federal holiday, it automatically shifts to the following business day. Running a business involves so many things to do and remember. One thing that you can’t forget are the due dates and deadlines for tax.

• This guide aims to simplify the process by providing detailed information on the federal income tax deadlines for 2025, ensuring you stay compliant and avoid any last-minute surprises.
• The deadline to file your federal tax return and pay any federal income taxes you owe is Tuesday, April 15, 2025.
• Accordingly, Sage does not provide advice per the information included.
• Sole proprietorships and single-member LLCs do not file a separate business income tax return.
• Taxpayers with income below the standard deduction threshold may still need to file to claim certain refundable credits, such as the Earned Income Tax Credit.
• Refer to IRS news from around the nation for more information.

What is the deadline to file an extension?

In general, there are different due dates for the deposit of taxes depending on the return the taxes are reported on, past filing history and additional factors. These deposit due dates often are different from the filing due dates of Accounting Errors tax returns. Depositing the taxes alone does not report the taxes or relieve you of the requirement to file a return. If the due date for making your deposit falls on a Saturday, Sunday, or legal holiday, then you may make your deposit on the next business day.

Haven’t filed your tax return lately?

If you mark this box, the IRS will not send you any further notices about this account. If you are required to file Form 1099-MISC, you must furnish a statement to the recipient. Death benefits from nonqualified deferred compensation plans or section 457 plans paid to the estate or beneficiary of a deceased employee are reportable on Form 1099-MISC.

There are 3 ways to get until October 15 to file your tax return. This free tax calculator will provide you with your esimtated tax return results. The feature helps to educate taxpayers on common scams and fraudulent efforts to steal taxpayer information and provide taxpayers with more ability to validate the legitimacy of IRS communications.