Get ready to mark these dates on your calendar: Here are the most important tax deadlines and due dates to look out for in 2023 (and answers to some common questions).
When are the taxes due?
In 2023, Tax Day falls on April 18. This is the deadline to file your taxes as a taxpayer for the calendar year.
The April 18 deadline applies to traditional employees who receive a W-2, sole proprietors who are self-employed (including self-employed, independent contractors, or temporary workers), retirees, LLCs of various member and corporate returns.
What is the deadline to declare taxes as a company?
There are two exceptions to the April 18 tax deadline: The deadline for partnerships and S corporations to file their business return is March 15, 2023.
Why is Tax Day 2023 on April 18?
Generally, the tax due date is April 15, unless the day falls on a weekend or holiday. In 2023, April 15 falls on a Saturday, making the next day of the week Monday, April 17. However, April 17 is recognized as a holiday in Washington, DC: Emancipation Day. Because of this, Tax Day has been pushed back to Tuesday, April 18, 2023.
What time are taxes due on the 18th?
You must file your tax return by 11:59 pm on April 18, 2023. Once the clock strikes midnight, you risk possible penalties and late fees. If you need more time to file, you must request an extension (more information below).
Do you have to have your taxes done before April 18?
If you can’t file your tax return by April 18 of this year, you can give yourself more time by requesting an automatic tax extension. You can do this when you file electronically with TaxAct® filing Form 4868 before the tax deadline (April 18, 2023). We will guide you through the process and also help you file any state extension forms, if needed.
Be sure to request an extension before the tax deadline. If you don’t request an extension before the Tax Day due date, you risk late fees and penalties.
Once you have requested an extension, you will have until October 16, 2023 to complete and file your 2022 income tax return. The deadline is usually October 15, but it is one day later this year because the 15th falls on a Sunday.
One important note: Filing an automatic tax extension just gives you more time to file. It will not give you more time to pay the taxes owed. When you request an extension with Form 4868, you will be able to estimate and pay the taxes due for 2022. If you are waiting for a tax refund and do not anticipate owing taxes, rest assured.
If you need more time to file your business tax return, you can also apply for a business tax extension. Partnerships, multi-member LLCs, and corporations can file an extension using Form 7004. Sole proprietors and single-member LLCs will use Form 4868, as discussed above. You can request an extension using any of these tax forms when you file electronically with us at TaxAct.
Since businesses have an earlier tax return due date (March 15), the IRS also gives them an earlier extension due date. The deadline to file an extended business tax return for 2022 is September 15, 2023.
What is the tax deadline for the first quarter of 2023?
April 18 is also the due date for first quarter estimated tax payments. This due date applies to those with little or no income tax withheld from their wages, such as the self-employed, small business owners, and investors.
The due dates for each quarter of this year are as follows:
| Payment period | Due date |
| January 1 – March 31, 2023 | April 18, 2023 |
| April 1 – May 31, 2023 | June 15, 2023 |
| June 1 – August 31, 2023 | September 15, 2023 |
| September 1 – December 31, 2023 | January 15, 2024 |
What is the September 15 tax deadline?
September 15 is the due date for third quarter estimated tax payments. It is also the tax due date for partnerships and S corporations that filed for a business filing extension for tax year 2022.
What are the tax deadlines for 2023?
Depending on the type of taxpayer you are, there are different tax dates to consider. Below are important tax dates and deadlines for individual filers, including retirees, employees, or the self-employed.
January 16, 2023 – The fourth quarter 2022 estimated tax payment due date for individuals who are self-employed or with other income without tax withholding.
January 23, 2023 – The launch of the 2022 tax season: The IRS begins accepting and processing income tax returns for 2022 on this day.
January 31, 2023 – Employers must submit W-2 forms no later than this date (you may still receive yours in early February). This is also the deadline to submit certain 1099 forms, which report self-employment income from sideline activities or self-employment. You may also receive a Form 1099 if you received interest or dividend income, rent, royalties, or prizes.
February 15, 2023 – Term to claim your withholding exemption. This applies if you choose to claim an exemption from your employer’s withholding tax from your paycheck on your Form W-4.
April 3, 2023 – Due date for taking the required minimum distribution from your retirement account if you turned age 72 during calendar year 2022.
April 18, 2023 – Tax day deadline to file or electronically file your federal tax return (and most state tax returns, if applicable). There are a few exceptions: Iowa and Virginia state taxes are due May 1, 2023; Delaware state taxes are due May 2; and Louisiana state taxes are due May 15.
This is also the deadline to request an extension by filing Form 4868 and to pay taxes due from tax year 2022 (even if you request an extension).
You must also make tax year 2022 HSA and IRA contributions by April 18, 2023.
April 18 is also when estimated tax payments for the first quarter of 2023 are due.
June 15, 2023 – The due date of estimated tax payments for the second quarter of 2023.
September 15, 2023 – The due date of estimated tax payments for the third quarter of 2023.
October 16, 2023 – If you requested an extension, this is the deadline to file your 2022 tax return.
December 31, 2023 – If you are age 73 or older by the end of 2023, you must take your 2023 minimum required distribution by this date.
January 15, 2024 – The due date of estimated tax payments for the fourth quarter of 2023.
When are business taxes due?
While many of the deadlines below are similar to individual due dates, small business owners have some unique due dates to be aware of. The list below does not cover all tax deadlines, but we have included the most important ones to keep in mind.
January 16, 2023 – The due date of estimated tax payments for the fourth quarter of 2022.
January 23, 2023 – The launch of the 2022 tax season: The IRS begins accepting and processing income tax returns for 2022 on this day.
January 31, 2023 – Deadline for employers to send W-2 forms to their employees. This is also the deadline to submit certain 1099 forms such as 1099-MISC, 1099-NEC, or 1099-K.
March 15, 2023 – Taxes are due to partnerships, S corporations, or multi-member LLCs taxed as partnerships. This is the due date for calendar year business taxpayers. If your business uses a fiscal year instead, your tax due date is the 15th day of the third month after the close of your fiscal year. For example, if your company’s tax year is June 1 through May 31, your company’s tax return due date would be August 15, three months and 15 days after May 31.
March 15 is also the deadline for the types of businesses listed above to request an extension and the deadline to file Form 2553 to change your business election to an S corporation for tax year 2023.
June 15, 2023 – The due date of estimated tax payments for the second quarter of 2023.
April 18, 2023 – Taxes for C Corporations (Form 1120), sole proprietors (Schedule C), single-member LLCs, and LLCs taxed as corporations. If your business uses a fiscal fiscal year, you must file your business tax return by the 15th day of the third month after the end of your fiscal year.
This is also the deadline for the types of businesses listed above to request an extension.
September 15, 2023 – The due date for third-quarter 2023 estimated tax payments. This is also the deadline for partnerships and S corporations that have requested an extension to file their tax returns.
October 16, 2023 – The deadline for C corporations that requested an extension.
January 15, 2024 – The due date of estimated tax payments for the fourth quarter of 2023.
For a full picture of all due dates on the 2023 fiscal calendar, head over to IRS Publication 509.
