May 7, 2012 – 11:57 am by
admin
The traditional tax season may be over, but many deadlines are still at the forefront of our minds. Here are a few of the deadlines to be aware of during the remainder of the year.
June 15
Certain individuals who live and/or work outside of the United States and Puerto Rico have until June 15 to file their individual tax returns. These individuals include U.S. citizens, resident aliens, and members of the military who are on active duty. These taxpayers may request an automatic four-month extension by filing Form 4868, making the new deadline October 15, 2012.
The second payment of the 2012 estimated tax should be made on June 15 for taxpayers who are not having taxes withheld from their paychecks.
September 17
This is the last day calendar-year corporations (including S corporations) may file 2011 income tax returns if they obtained an automatic six-month filing extension. This is also the last day for calendar-year fiduciary, gift, and partnership returns to be filed if an automatic five-month extension to file was obtained. The third payment of the 2012 estimated tax should be made on September 17 for taxpayers who are not having taxes withheld from their paychecks.
October 1
This deadline is the last day to establish a SIMPLE IRA.
October 15
Taxpayers who filed an extension using Form 4868 have until October 15 to file their returns, as well as pay any outstanding taxes, interest, and/or penalties. This deadline is the last day to re-characterize any IRA contributions for the year if taxpayers filed their returns on time, which is April 17 for most taxpayers.
January 15, 2013
The final payment of the 2012 estimated tax should be made on January 15, 2013 for taxpayers who are not having taxes withheld from their paychecks. For more information regarding various due dates and other deadlines, visit www.irs.gov.
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