January 17, 2025<\/h3>\n
If tax is automatically deducted by your employer, you probably don\u2019t need to worry about this deadline.<\/p>\n
However, if you didn’t pay your income tax for the previous year through withholding (or didn’t pay enough tax that way), you must use Form 1040\u00adES.<\/p>\n
January 24, 2025<\/h3>\n
The IRS E-file opens. Taxpayers can start filing returns through IRS \u0415-file partners; tax returns will be submitted to the IRS starting from January 24. Tax software businesses are also\u00a0taking tax filings in advance<\/a>.<\/p>\n The tax season for 2024 begins. Individual tax returns for the year 2023 start being accepted, and processing begins.<\/p>\n Earned Income Tax Credit Awareness Day is dedicated to raising awareness of the beneficial tax credits available to many people, including the possibility of\u00a0qualifying\u00a0using prior-year income.<\/p>\n If you didn’t pay your last installment of estimated tax, you may choose (but aren’t required) to\u00a0file your income tax return<\/a> (Form 1040 or Form 1040-NR) for 2023 by January 31. Filing your return and paying any tax due by January 31 prevents any penalty for late payment of the last installment.<\/p>\n All businesses give annual information statements to recipients of certain payments you made during 2023. You can use the appropriate version of Form 1099 or other information return. Form 1099 can be issued electronically with the consent of the recipient on February 1, 2024.<\/p>\n Section 6071(c) requires you to file Form 1099-NEC on or before February 1, 2025, using either paper or electronic filing procedures.<\/p>\n Deadline for individuals.<\/p>\n If you claimed an exemption from income tax withholding last year on Form W\u00ad4, Employee’s Withholding Allowance Certificate, you must file a new Form W\u00ad4 by this key tax date to continue your exemption for another year.<\/p>\n Deadline for businesses to submit any other 1099 forms (1099-MISC, 1099-B, 1099-DIV, 1099-INT, etc.) and 1096, if filing on paper. These documents relate to business transactions that aren\u2019t covered by W2 (anything that falls outside of tips and wages). If filing electronically, the deadline is March 31.<\/p>\n Forms 1042-S, whether filed on paper or electronically, must be filed with the IRS by March 15, 2025. You also must furnish Form 1042-S to the recipient of the income by March 15, 2025.<\/p>\n Deadline for electronic filing of Forms 1097, 1098, 1099 (not including 1099-NEC), 3921, 3922, and W-2GS. This key tax date applies only if you file these forms electronically.<\/p>\n The last day to file an original or amended tax return from 2023 and claim a rebate unless you have an extension, then is October 15, 2024.<\/p>\n File a 2024 income tax return (Form 1040-NR) and pay any tax due.<\/strong><\/p>\n Last day to contribute to an Individual Retirement or Health Savings Account (IRA\/HSA) and have it considered retroactive to 2024. Finally, it\u2019s the deadline for the first quarterly estimated tax payment of 2024.<\/p>\n Sprintax is our Online Tax Preparation Service for J1 Visa Holders<\/strong><\/p>\r\n GET STARTED<\/a><\/p>\n <\/p>\n Deadline for non-profit organizations to submit details to the IRS or request an extension. These organizations are required to submit a Form 990 or information return so the IRS can evaluate their operations and ensure they\u2019re exempt from federal tax.<\/p>\n Second-quarter estimated payments are due on this key tax date.<\/p>\n Tax returns from taxpayers staying outside the US on the 15th of April can be filed with an automatic extension by the 15th of June.<\/p>\n Third-quarter estimated tax payments are due. If an extension was requested on corporate, trust income, or partnership tax returns for the year 2024, this is the final deadline for filing.<\/p>\n If you\u2019re self-employed or a small business owner, this is your last chance to set up a SIMPLE IRA for the year 2024. SIMPLE IRAs (Savings Incentive Match Plan for Employees Individual Retirement Account) are Individual Retirement Accounts for small companies and their employees and are designed to be cheaper and easier to maintain than their more corporate counterparts.<\/p>\n Deadline for filing a tax return if you filed an extension on the 4828 form before the 15th of April and FBAR (if applicable).<\/p>\n For individuals asking for an extension on their 2024 tax returns, this is the deadline to file.<\/p>\n Last day to make any tax moves for the year.<\/p>\n Note:<\/strong>\u00a0If any deadline falls on a weekend or bank holiday, the due date will be the next working day.<\/p>\n Planning your income and expenses year by year is a really useful method of managing your income tax effectively. By incurring expenses a year early (\u2018accelerating\u2019 expenses) or delaying them until the following year, you can make significant changes to your tax values!<\/p>\n Sprintax is our Online Tax Preparation Service for J1 Visa Holders<\/strong><\/p>\r\n GET STARTED<\/a><\/p>\n <\/p>\n Unlock invaluable insights and strategies with our expert US Tax Tips, designed to optimize your tax planning and filing processes for maximum efficiency and savings.<\/p>\n When you work in the US, you\u2019ll be taxed on your income and if you earn over a certain amount, you must\u00a0file a tax return<\/a>.\u00a0The deadline for filing your 2024 tax return is April 15, 2025<\/strong>. You must prepare it and post it to the IRS.<\/p>\n You\u2019ll need your W2 form or final cumulative payslip to file a tax return. This will state your total earnings and can help you get a refund of any overpaid tax. It’s also important that you tell us your Social Security Number (SSN) or Individual Identification Number (ITIN). You cannot work in the US without one of these.<\/p>\n Sprintax is our Online Tax Preparation Service for J1 Visa Holders<\/strong><\/p>\r\nJanuary 24, 2025<\/h3>\n
January 27, 2025<\/h3>\n
January 31, 2025<\/h3>\n
February 15, 2025<\/h3>\n
![\"Deadline](\"https:\/\/taxback.com\/blog\/wp-content\/uploads\/2025\/01\/US-tax-return-Deadline-for-individuals.jpg\")
<\/p>\nFebruary 28, 2025<\/h3>\n
March 15, 2025<\/h3>\n
March 31, 2025<\/h3>\n
April 18, 2025<\/h3>\n
May 15, 2025<\/h3>\n
June 15, 2025<\/h3>\n
September 15, 2025<\/h3>\n
October 1, 2025<\/h3>\n
\u041ectober 17, 2025<\/h3>\n
\u041ectober 17, 2025<\/h3>\n
December 31, 2025<\/h3>\n
US Tax Tips<\/h2>\n
1. Don\u2019t miss the tax filing deadline<\/h3>\n
2. Keep your W2 form<\/h3>\n