First Quarter
January
- 17th – Self-employed estimated quarterly tax payment for Q4 of 2022 is due.
- 31st– All Employers – Give your employees copies of Form W2 for 2022. If an employee agrees to receive Form W2 electronically, have it posted on a website and notify the employee of the posting. The due date for filing 2022 Forms W-2 and W-3 with the SSA is now Jan. 31, 2023, whether you file using paper forms or electronically.
- 31st – 1099-NEC for non-employee compensation must be filed with the IRS and furnished to contractors. Therefore, if you are an independent contractor, you should receive a copy of the form around this date.
- 31st – File 2022 Tax Return (Form 1040) to Avoid Penalty if the Last Installment of Estimated Tax is Not Paid by Jan. 17
*Jan. 18 is the last day for most people to pay estimated taxes for the 4th quarter of 2022. However, you don’t have to pay by that date if you file your 2022 tax return by Jan. 31 and pay the entire balance due with your return.
February
- 15th – File Form W-4 to Reclaim Exemption from Withholding for 2023
- 28th – New filing date. File Copy A of Form 1099-misc with the IRS
*In addition, if you were exempt from income tax withholding in 2022 and want to reclaim the exemption for 2023, you need to fill out a new W-4 form and give it to your employer. (Note that you must qualify to claim an exemption.)
March
- 1st – Farmers and fishermen who didn’t pay all estimated tax payments must file an income tax return and pay any tax due by Mar. 1. To avoid a penalty, farmers and fishermen who didn’t pay all their 2021 estimated taxes by Jan. 18 must file their 2022 tax return by Mar. 1.
- 15th – Deadline for corporate tax returns (Forms 1120, 1120-A, and 1120-S) for the tax year 2022 and is also the deadline to file for an extension for S corp and partnership tax returns. Forms: Form 1120S, Income Tax Return for an S Corporation.
Second Quarter
April
- 1st – First Required Minimum Distribution (RMD) by Individuals Who Turned 72 in 2022
- 18th – TAX DAY!
- 2022 individual tax returns due
- Sole proprietorship and single-member LLC tax returns on Schedule C with your personal income tax return (Form 1040).
- This is the corporation tax deadline.
- If you pay quarterly taxes, the first quarter’s payment for 2022 is due this day.
- Today is the last day to contribute to retirements or other tax-advantaged savings accounts, such as a traditional IRA, Roth IRA, or Health Savings Account. The deadline for contributing to a SEP IRA and a solo 401(k) is Apr. 18, but it may be extended by filing a 6-month extension.
- Report of Foreign Bank and Financial Accounts (FBAR) is due. This applies to business-owned foreign accounts.
- Partnerships, LLC, and S corporation shareholders should file report income and deductions from their Schedule K-1 with their personal income tax returns on this date or request an extension of time to file.
- The estimated tax payment for 1st quarter of 2023 is due
- File your 2019 Tax Return (Form 1040) to Request an Unclaimed Tax Refund for the 2019 Tax Year
*Apr. 18 is the last day to file a 2022 tax return…unless you apply for an automatic six-month extension with the IRS, form 4868, which is also due on Apr. 18. If you employ a nanny, maid, or gardener, or other household workers, you also have until Apr. 18 to file Schedule H and pay their employment taxes.
June
- 15th – The second quarterly estimated tax payment for 2023 is due.
- Military Personnel on Duty Outside the U.S. File 2021 Tax Return
- Military Personnel on Duty Outside the U.S. File Form 4868 to Request 4-Month Income Tax Return Filing Extension (payment of tax not extended)
- U.S. Taxpayers Living and Working Abroad File 2022 Tax Return
- U.S. Taxpayers Living and Working Abroad File Form 4868 to Request 4-Month Income Tax Return Filing Extension (payment of tax not extended
- Military Personnel on Duty Outside the U.S. File 2022 Tax Return (Form 1040) and Military Personnel on Duty Outside the U.S. File Form 4868 to Request 4-Month Income Tax Return Filing Extension (payment of tax not extended
Third Quarter
September
- 15th -The third estimated quarterly tax payment for 2023 is due.
- 15th – Extended deadline for calendar-year partnerships and multiple-member LLCs who file Form 1065 for their business. It’s also the S corporation business tax extension deadline (for the business’ return, not the owners). So if your company files a calendar-year Form 1120-S and filed an extension this year, you should file by Sept. 15.
Fourth Quarter
October
- 16th – Due date for sole proprietors, single-member LLCs, S corporation owners, partnerships, and corporations with a tax extension.
- Contribute to Solo 401(k) Plan or Simplified Employee Pension (SEP) Plan for 2022 by Self-Employed if Filing of Form 1040 Was Extended.
December
- 1st – Consider making year-end tax moves to optimize your tax outcome. While Dec. 1 isn’t an official deadline, noting the date on your calendar can give you the impetus to explore your options before the year is out. See your tax professional while there is still time.
- 15th – The fourth estimated quarterly tax payment for corporations for 2021 is due. Please note the fourth-quarter payment is due at different times for individuals and corporations.
- 31st – Contribution to Employer-Sponsored Retirement Plan for 2023 (401(k), 403(b), 457 or federal thrift savings plans)
- Required Minimum Distribution (RMD) by Individuals 73 or Older at the End of 2023.
