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Small Business Tips

Important Tax Due Dates to Know

Stephen Fishman
Tax expert and contributor MileIQ

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When you’re running your own business, there are numerous types of taxes and quite a few important tax due dates you need to keep track of. Missing any of these tax due dates could result in fines or penalties, so it’s important to remember each of these.  

Tax Due Dates to Know

October 15, 2015

Tax due date to file individual 2014 tax return (IRS Form 1040, 1040A, or 1040A) if you obtained an automatic six-month extension of time to file. You must pay any tax, interest or penalties due.

January 15, 2016

Last estimated tax payment for 2015 by individual taxpayers due.

February 1, 2016

All Forms 1099-MISC must be provided to recipients (payees)

March 1, 2016

Tax due date for all Forms 1099-MISC and 1096 filed on paper with the IRS.

March 15, 2016

All corporations must file federal income tax returns and pay any tax due—C corporations file Form 1120, S corporations file Form 1120S.

Due date to file an election for a corporation to be treated as an S corporation for calendar year 2016—file Form 2553.

March 31, 2016

Due date for all Forms 1099-MISC filed electronically with the IRS.

April 18, 2016

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Automatic, accurate mileage reports.

Your individual tax return (Form 1040) must be filed with the IRS and any tax due paid. Or, you can pay the tax due and file for an automatic extension of time to file your return until October 17, 2016.
Individuals and corporations must make first estimated tax payment for the year.
Partnerships must file information tax return (Form 1065) and provide each partner with a copy of Schedule K-1.
State, individual income tax returns due in all states except Delaware, Hawaii, Iowa, Louisiana and Virginia.

April 20, 2016

Individual income tax returns due in Hawaii.

May 2, 2016

Individual income tax returns due in Delaware and Iowa

May 2, 2016

Individual income tax returns due in Virginia

May 16, 2016

Individual income tax returns due in  Louisiana.

June 15, 2016

Second IRS estimated tax payment for 2016 due.

September 15, 2016

Third IRS estimated tax payment for 2016 due.

October 17, 2016

Tax due date to file individual 2015 tax return (IRS Form 1040, 1040A, or 1040A) if you obtained an automatic six-month extension of time to file. You must pay any tax, interest, or penalties due.

MileIQ: Mileage Tracker & Log

MileIQ Inc.

GET — On the App Store

When you’re running your own business, there are numerous types of taxes and quite a few important tax due dates you need to keep track of. Missing any of these tax due dates could result in fines or penalties, so it’s important to remember each of these.  

Tax Due Dates to Know

October 15, 2015

Tax due date to file individual 2014 tax return (IRS Form 1040, 1040A, or 1040A) if you obtained an automatic six-month extension of time to file. You must pay any tax, interest or penalties due.

January 15, 2016

Last estimated tax payment for 2015 by individual taxpayers due.

February 1, 2016

All Forms 1099-MISC must be provided to recipients (payees)

March 1, 2016

Tax due date for all Forms 1099-MISC and 1096 filed on paper with the IRS.

March 15, 2016

All corporations must file federal income tax returns and pay any tax due—C corporations file Form 1120, S corporations file Form 1120S.

Due date to file an election for a corporation to be treated as an S corporation for calendar year 2016—file Form 2553.

March 31, 2016

Due date for all Forms 1099-MISC filed electronically with the IRS.

April 18, 2016

Your individual tax return (Form 1040) must be filed with the IRS and any tax due paid. Or, you can pay the tax due and file for an automatic extension of time to file your return until October 17, 2016.
Individuals and corporations must make first estimated tax payment for the year.
Partnerships must file information tax return (Form 1065) and provide each partner with a copy of Schedule K-1.
State, individual income tax returns due in all states except Delaware, Hawaii, Iowa, Louisiana and Virginia.

April 20, 2016

Individual income tax returns due in Hawaii.

May 2, 2016

Individual income tax returns due in Delaware and Iowa

May 2, 2016

Individual income tax returns due in Virginia

May 16, 2016

Individual income tax returns due in  Louisiana.

June 15, 2016

Second IRS estimated tax payment for 2016 due.

September 15, 2016

Third IRS estimated tax payment for 2016 due.

October 17, 2016

Tax due date to file individual 2015 tax return (IRS Form 1040, 1040A, or 1040A) if you obtained an automatic six-month extension of time to file. You must pay any tax, interest, or penalties due.