Important Tax Due Dates

1963
John Davidson
Important Tax Due Dates

  • April 12 — Employees who work for tips. If you received $20 or more in tips during March, report them to your employer. ...
  • April 15 — Corporations. File a 2020 calendar year income tax return (Form 1120) and pay any tax due. ...
  • April 15 — Individuals. ...
  • April 15 — Household Employers. ...
  • April 15 — Corporations.

  1. What is the tax deadline for 2020?
  2. What tax year is due in April 2020?
  3. What is the tax year 2020?
  4. Are taxes being delayed in 2020?
  5. What happens if I miss tax deadline?
  6. Is the date to file taxes extended?

What is the tax deadline for 2020?

When should I do my 2020 Taxes? You should finish your 2019-20 tax return between 1 July 2020 and 31 October 2020. We recommend lodging your tax return during July or August.

What tax year is due in April 2020?

The 2020-21 tax year will begin on 6 April 2020 and end on 5 April 2021. Each tax, or financial year, has a series of important deadlines for businesses, investors and trustees to follow, where penalties will be applied by HMRC for late payment.

What is the tax year 2020?

2021 Tax Deadline Tips by Tess

A list of tax season 2021 e-filing Tax Day deadlines are below; the dates are for Tax Year 2020 (January 1 - December 31, 2020) income tax returns or ITRs.

Are taxes being delayed in 2020?

2020 individual tax returns are due on Monday, May 17—instead of the typical April 15th due date. The delayed due date is because of the many ways the coronavirus pandemic has upended people's lives and their tax pictures. Note: Quarterly estimated taxes for the 2021 tax year are still due on April 15th, 2021.

What happens if I miss tax deadline?

Missed the Tax Deadline: Owe taxes

Your penalties for filing late will be calculated like this: 5% of the balance owing as late filing penalty. 1% of the balance owing as additional penalty for every full month you're late (up to a maximum of 12 months) Interest charged on the above penalty.

Is the date to file taxes extended?

Due to the COVID-19 pandemic, the federal government extended this year's federal income tax filing deadline from April 15, 2021, to May 17, 2021. This extension is automatic and applies to filing and payments. So if you owe taxes for 2020, you have until May 17, 2021, to pay them without interest or penalties.


Yet No Comments