Individual Returns
January 15, 2021 |
4th Quarter 2020 Estimated Tax Payment Due If you are self-employed or have other fourth-quarter income that requires you to pay quarterly estimated taxes, get them postmarked or paid online by the January 15, 2021 tax deadline. |
February 1, 2021 |
1099-NEC Due If you work with independent contractors, for 2020 tax filings, you will now need to submit a 1099-NEC instead of a 1099-MISC. The deadline for filing these is February 1, 2021. |
April 15, 2021 |
Individual Returns Due for Tax Year 2020 The due date for filing tax returns and making tax payments is April 15, 2021. |
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Individual Tax Return Extension Form Due for Tax Year 2020 File your request for a tax extension by this date to push your tax deadline back to October 15, 2021. |
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1st Quarter 2021 Estimated Tax Payment Due If you are self-employed or have other first-quarter income that requires you to pay quarterly estimated taxes, get your Form 1040-ES postmarked or pay online by this date. |
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Last Day to make a 2020 IRA Contribution If you haven't already funded your retirement account for 2020, do so by April 15, 2021. That's the deadline for a contribution to a traditional IRA, deductible or not, and a Roth IRA. However, if you have a Keogh or SEP and you get a filing extension to October 15, 2021, you can wait until then to put 2020 money into those accounts. |
June 15, 2021 |
2nd Quarter 2021 Estimated Tax Payment Due If you are self-employed or have other second-quarter income that requires you to pay quarterly estimated taxes, make sure your payment is postmarked or paid online by this date. |
September 15, 2021 |
3rd Quarter 2021 Estimated Tax Payment Due If you are self-employed or have other third-quarter income that requires you to pay quarterly estimated taxes, make sure your third quarter payment is postmarked or paid online by this date. |
October 15, 2021 |
Extended Individual Tax Returns Due If you got a filing extension on your 2020 tax return, you need to get it completed and postmarked or e-filed by October 15, 2021. |
January 15, 2022 |
4th Quarter 2021 Estimated Tax Payment Due If you are self-employed or have other fourth-quarter income that requires you to pay quarterly estimated taxes, get them postmarked by this date. |
Business Returns
February 1, 2021 |
1099-NEC Due If you work with independent contractors, for 2020 tax filings, you will now need to submit a 1099-NEC instead of a 1099-MISC. The deadline for filing these is February 1, 2021. |
March 15, 2021 |
S-Corp and Partnership Returns Due for Tax Year 2020 If you have an S-Corp or Partnership, the due date for filing tax returns for the business and making tax payments is April 15, 2021. |
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S-Corp and Partnership Extension Form Due for Tax Year 2020 File your request for a tax extension by this date to push your tax deadline back to October 15, 2021. |
September 15, 2021 |
Extended S-Corp and Partnership Tax Returns Due If you got a filing extension on your 2020 tax return for your S-Corp or Partnership, you need to get it completed and postmarked or e-filed by September 15, 2021. |
Need help figuring out what you should be paying in estimated taxes or filing for an extension? Send us an email at info@brasstaxes.com.