February 24, 2014
Guide to Filing Your Federal Taxes
Tax time is FAST approaching. No matter how easy or complicated your return may be this year, we’ve listed the remaining key dates for filing your 2013 federal taxes as well other important dates to be aware in 2014. Don’t wait until April 15th to figure it all out, and don’t rely totally on your accountant to prompt you what to do. Knowledge saves time and money. Happy filing!
February 28, 2014
- Deadline for businesses to mail Forms 1099 and 1096 with the IRS if filing on paper. If filing these forms electronically, the deadline is April 1. -This includes most co-ops too!
March 17, 2014
- Deadline for corporate tax returns (forms 1120, 1120A, and 1120S) for the year 2013, or to request automatic 6-month extension of time to file (Form 7004) for corporations who use the calendar year as their tax year. (The normal deadline for corporate returns is March 15th, but this falls on a Saturday, so the deadline is pushed to the next business day, which is Monday, March 17th.)
- Final deadline to file an amended corporate tax return (Form 1120X) for tax year 2010 and still claim a tax refund. (Refunds expire three years from the original due date of the return.)
April 15, 2014
- Deadline to file individual tax returns (Form 1040, 1040A, or 1040EZ) for the year 2013 or to request an Automatic Extension (Form 4868). An extension provides an extra six months to file your return. Payment of the tax is still due by April 15th. If you owe money, submit payment for tax along with the extension form.
- Last day to make a contribution to traditional IRA, Roth IRA, Health Savings Account, SEP-IRA or solo 401(k) for the 2013 tax year. (However, if you get an extension, you will have until October 15th to fund a SEP-IRA or solo 401(k).)
- 1st quarter estimated tax payments due for the 2014 tax year.
- Final deadline to file an original tax return (Form 1040) for tax year 2010 and still claim a tax refund. Refunds expire three years from the original due date of the tax return.
- Final deadline to file amended tax return (Form 1040X) for tax year 2010 and still claim a tax refund. (Mail the amended return well before April 15th to make sure your tax refund will be processed in a timely manner. Also be sure to obtain proof of mailing, such as a certified mail receipt.)
- Deadline to file estate income tax or trust income tax returns (Form 1041) or to request an automatic 5-month extension of time to file (Form 7004).
- Deadline to file partnership tax returns (including LLC’s) (Form 1065) or to request an automatic 5-month extension of time to file (Form 7004).
- Final deadline for estates, trusts, or partnerships to file an amended tax return and still claim a tax refund for the year 2010. Refunds expire three years from the original due date of the tax return.
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