Taxes

Get ready to mark these dates on your calendar — here are the most important tax deadlines and due dates to be aware of in 2023 (and answers to some common questions).

When are taxes due?

In 2023, Tax Day falls on April 18. This is the deadline for filing your taxes as a calendar year filer.

The April 18 deadline applies to traditional employees who receive a W-2, self-employed sole proprietors (including freelancers, independent contractors, or gig workers), retirees, multi-member LLCs, and corporate returns.

What is the deadline for filing taxes as a business?

There are two exceptions to the April 18 tax deadline — the due date for partnerships and S corporations to file their business return is March 15, 2023.

Why is Tax Day 2023 on April 18?

Typically, the tax due date is April 15 unless the day falls on a weekend or a holiday. In 2023, April 15 falls on a Saturday, making the next weekday Monday, April 17. However, April 17 is recognized as a holiday in Washington, D.C. — Emancipation Day. Because of this, Tax Day was pushed back to Tuesday, April 18, 2023.

What time are taxes due on the 18th?

You must file your taxes by 11:59 p.m. on April 18, 2023. Once the clock strikes midnight, you risk potential late fees and penalties. If you need more time to file, you must request an extension (more on that below).

Do you have to have your taxes done by April 18?

If you can’t file your income tax return by April 18 this year, you can give yourself more time by requesting an automatic tax extension. You can do this when e-filing with TaxAct® by filing Form 4868 before the tax deadline (April 18, 2023). We’ll walk you through the process and help you file any state extension forms as well, if necessary.

Make sure you file for an extension before the tax deadline. If you don’t file for an extension before the Tax Day due date, you risk being charged late fees and penalties.

Once you’ve filed for an extension, you will have until Oct. 16, 2023, to complete and file your 2022 income tax return. Usually the deadline is Oct. 15, but it’s a day later this year due to the 15th falling on a Sunday.

One important note — filing an automatic tax extension only gives you more time to file. It will not give you more time to pay any taxes due. When you request an extension with Form 4868, you’ll be able to estimate and pay any taxes due for 2022. If you’re expecting a tax refund and don’t anticipate owing any taxes, you should be in the clear.

If you need more time to file your business tax return, you can also request 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 we went over above. You can request an extension using either of these tax forms when e-filing with us at TaxAct.

Since businesses have an earlier tax filing due date (March 15), the IRS also gives them an earlier extension due date. The deadline for filing an extended business tax return for 2022 is Sept. 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 freelancers, small business owners, and investors.

The due dates for every quarter this year are as follows:

Payment Period Due Date
Jan. 1 – March 31, 2023 April 18, 2023
April 1 – May 31, 2023 June 15, 2023
June 1 – Aug. 31, 2023 Sept. 15, 2023
Sept. 1 – Dec. 31, 2023 Jan. 15, 2024

What is the September 15 tax deadline?

Sept. 15 is the deadline for Q3 estimated tax payments. It is also the tax due date for partnerships and S-corporations that requested a business return extension for tax year 2022.

What are the tax deadlines for 2023?

Depending on what kind of filer you are, there are different tax dates to be aware of. Below are the important tax dates and deadlines for individual filers, including those who are retired, an employee, or self-employed.

Jan. 16, 2023 – The due date for 2022 Q4 estimated tax payments for self-employed individuals or those with other income without tax withholding.

Jan. 23, 2023 – The launch of tax season 2022 — the IRS starts accepting and processing income tax returns for 2022 on this day.

Jan. 31, 2023 – Employers must send W-2 forms no later than this date (you still might receive yours in early February). This is also the deadline to send certain 1099 forms, which report self-employment income from side hustles or freelance work. You might also receive a Form 1099 if you received income from interest or dividends, rents, royalties, or prize winnings.

Feb. 15, 2023 – Deadline to reclaim your exemption from withholding. This applies if you choose to claim an exemption from your employer withholding taxes from your paycheck on your Form W-4.

April 3, 2023 – Due date to take the required minimum distribution from your retirement account if you turned 72 during the 2022 calendar year.

April 18, 2023 – Tax Day deadline to file or e-file your federal income tax return (and most state tax returns, if applicable). There are some exceptions — Iowa and Virginia state taxes are due by May 1, 2023; Delaware state taxes are due May 2; and Louisiana state taxes are due by May 15.

This is also the deadline to request an extension by filing Form 4868 and to pay any taxes due from tax year 2022 (even if you are requesting an extension).

You must also make HSA and IRA contributions for tax year 2022 by April 18, 2023.

April 18 is also when estimated tax payments are due for the first quarter of 2023.

June 15, 2023 – The due date for 2023 Q2 estimated tax payments.

Sept. 15, 2023 – The due date for 2023 Q3 estimated tax payments.

Oct. 16, 2023 – If you filed for an extension, this is the deadline to file your 2022 income tax return.

Dec. 31, 2023 – If you are 73 or older by the end of 2023, you must take your 2023 required minimum distribution by this date.

Jan. 15, 2024 – The due date for 2023 Q4 estimated tax payments.

When are business taxes due?

While many deadlines below are similar to individual due dates, small business owners have some unique due dates to keep in mind. The below list doesn’t cover every tax deadline, but we’ve included the most important ones to keep top of mind.

Jan. 16, 2023 – The due date for 2022 Q4 estimated tax payments.

Jan. 23, 2023 – The launch of tax season 2022 — the IRS starts accepting and processing income tax returns for 2022 on this day.

Jan. 31, 2023 – Deadline for employers to send W-2 forms to their employees. This is also the deadline to send out certain 1099 forms such as 1099-MISC, 1099-NEC, or 1099-K.

March 15, 2023 – Taxes are due for partnerships, S corporations, or multi-member LLCs taxed as partnerships. This is the due date for calendar year business filers. 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 tax year. For example, if your business’s fiscal year is June 1 – May 31, your business tax return due date would be Aug. 15 — three months and 15 days after May 31.

March 15 is also the deadline for the above-mentioned business types to request an extension and the deadline to file Form 2553 to switch your business election to an S corp for tax year 2023.

June 15, 2023 – The due date for 2023 Q2 estimated tax payments.

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 tax year, you must file your business tax return by the 15th day of the third month after the end of your tax year.

This is also the deadline for the above-mentioned types of businesses to file for an extension.

Sept. 15, 2023 – The due date for 2023 Q3 estimated tax payments. This is also the deadline for partnerships and S corps that filed for an extension to submit their tax returns.

Oct. 16, 2023 – The deadline for C corporations that filed for an extension.

Jan. 15, 2024 – The due date for 2023 Q4 estimated tax payments.

If you’d like a complete picture of all the 2023 tax calendar due dates, head to IRS Publication 509.

This article is for informational purposes only and not legal or financial advice.
All TaxAct offers, products and services are subject to applicable terms and conditions.

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