In order to help you plan for your tax year 2023 taxes (the ones you file in 2024) and other important tax dates, we’ve compiled a list of key tax deadlines for you to keep in mind and mark on your calendar.
Open Enrollment for Marketplace Insurance: November 1, 2023 – January 15, 2024
If you needed Marketplace health insurance for 2024, you would have had to enroll through the Health Insurance Marketplace by January 15, 2024. For your coverage to have taken immediate effect by the New Year on January 1, 2024, you need to select your plan by December 15, 2023. If you have had a change in your situation – like getting married, having a baby, or a loss of health coverage – you may be eligible for a Special Enrollment Period, that would allow you to enroll in health insurance outside of the yearly Open Enrollment Period.
TurboTax Online: November 30, 2023
All TurboTax Online products went live on November 30, 2023. This includes TurboTax Live, where a tax expert can guide you along the way or fully do your taxes for you.
IRS E-file Opens: TBD
The IRS will announce the IRS E-file open dates soon. Check back with TurboTax for more details.
W-2s, 1099-NEC (Formerly 1099-Misc for Self-Employed) and 1099-K Sent Out by *January 31, 2024
You should receive your W-2s and 1099s in the mail or electronically for download.
Tax Year 2023 Tax Deadline: April 15, 2024
April 15 is the big day! Individual tax returns are due for Tax Year 2023, so be sure to e-file or postmark your individual tax returns by midnight local time.
Last Day to make 2023 IRA Contributions: April 15, 2024
If you haven’t maxed out your IRA contribution for 2023, you can make a 2023 IRA contribution by April 15, 2024, and possibly get a tax deduction. Be sure to tell your plan administrator that your contribution is for 2023 and not 2024.
Tax Year 2023 Extended Deadline: October 16, 2024
If you requested an extension to file your 2022 taxes by April 18th with Form 4868, Application for Automatic Extension of Time, you will have until the extended tax deadline of October 16, 2023 to file your taxes.
Self-Employed? Know Your Quarters!
1st Quarter 2024 Estimated Tax Payment Due: April 15, 2024
If you are self-employed or have other first-quarter income that requires you to pay quarterly estimated taxes, send in your 2024 1st quarter estimate by April 15, 2024.
2nd Quarter 2024 Estimated Tax Payment Due: *June 17, 2024
If you are self-employed or have other second-quarter income that requires you to pay quarterly estimated taxes, send in your 2024 2nd quarterly estimated tax payment by June 15, 2024.
*When tax deadlines fall on a Saturday, Sunday, or a Holiday, the deadline is the next business day.
3rd Quarter 2024 Estimated Tax Payment Due: *September 16, 2024
If you are self-employed or have other third-quarter income that requires you to pay quarterly estimated taxes, send your 2024 3rd quarterly estimated tax payment by September 15, 2024.
*When tax deadlines fall on a Saturday, Sunday, or a Holiday, the deadline is the next business day.
4th Quarter 2024 Estimated Tax Payment Due: January 15, 2025
If you are self-employed or have other fourth-quarter income that requires you to pay quarterly estimated taxes, send your 2024 4th quarter estimated tax payment by January 16, 2025.
Victims of recent federally declared disasters may have more time to file various individual and business tax returns and make certain tax payments. If you were impacted by a federally declared disaster, check the IRS disaster relief page for the most recent tax relief provisions for taxpayers affected by disaster situations.
TurboTax Has You Covered
Don’t worry about knowing these tax rules. Meet with a TurboTax Expert who can prepare, sign and file your taxes, so you can be 100% confident your taxes are done right. Start TurboTax Live Full Service today, in English or Spanish, and get your taxes done and off your mind.
-
Previous Post
5 End of the Year Tax Tips for Newly Married…
-
Next Post
Holiday Gift Giving and Tax Deductions for Business Gifts
One response to “Save the (Tax) Dates!”