When Are Taxes Due In 2023
Title:
Important Dates for Taxpayers in 2023
As the new year begins, taxpayers start preparing for the upcoming tax season. It's important to know the key dates and deadlines to ensure that you file your taxes accurately and on time. In this article, we will discuss the important dates for taxpayers in 2023.When Are Taxes Due in 2023?The deadline for filing federal income tax returns for the 2022 tax year is April 17, 2023. This is because April 15 falls on a Saturday, and Emancipation Day, a legal holiday in the District of Columbia, falls on Monday, April 17, 2023. Therefore, taxpayers have an extra two days to file their taxes.Important Tax Deadlines to RememberJanuary 31, 2023: Deadline to send out W-2 forms to employees and 1099-MISC forms to non-employees who received more than $600 in compensation during the tax year.March 15, 2023: Deadline for partnership and S corporation tax returns (Form 1065 and Form 1120-S) to be filed or extended.April 17, 2023: Deadline for individual income tax returns (Form 1040), as well as calendar-year corporate income tax returns (Form 1120), to be filed or extended.June 15, 2023: Deadline for estimated tax payments for the second quarter of the tax year.September 15, 2023: Deadline for partnership and S corporation tax returns that were extended (Form 1065 and Form 1120-S), as well as estimated tax payments for the third quarter of the tax year.October 16, 2023: Deadline for individual income tax returns that were extended (Form 1040).
Faqs:
Q: What happens if I don't file my taxes on time?
A: If you don't file your taxes on time, you may be subject to penalties and interest charges on any taxes owed.
Q: Can I still file my taxes if I missed the deadline?
A: Yes, you can still file your taxes after the deadline. However, you may be subject to penalties and interest charges on any taxes owed.
Q: How do I know if I need to file a tax return?
A: You must file a tax return if your income exceeds certain thresholds, which vary depending on your filing status, age, and other factors.
Q: What should I do if I can't pay my taxes in full by the deadline?
A: If you can't pay your taxes in full by the deadline, you should still file your tax return and pay as much as you can to avoid penalties and interest charges. You may also be able to set up a payment plan with the IRS.
Q: Can I get help filing my taxes?
A: Yes, there are many resources available to help you file your taxes, including online tax preparation software, tax professionals, and free tax preparation assistance programs.