IMPORTANT DEADLINE: Individuals, IRAs, C-Corps, Corporations and Trusts

INDIVIDUALS: File a 2021 Form 1040 or Form 1040-SR and pay any tax due. If you want an automatic 6-month extension of time to file the return, file Form 4868 and pay what you estimate you owe in tax to avoid penalties and interest. For more information, see Form 4868. Then, file Form 1040 or Form 1040-SR by October 17. 

C-CORPS: C-Corps file calendar year 2021 tax returns and pay any money still due. They can file an automatic 6-month extension using Form 7004 BUT this is NOT an extension to pay. 

IRA: 2021 IRA & Roth IRA contributions must be made today. 

INDIVIDUALS & CORPORATIONS: If you’re not paying your 2022 income tax through withholding (or won’t pay in enough tax during the year that way), pay the first installment of your 2022 estimated
tax. Use Form 1040-ES. For more information, see Pub. 505. 

TRUSTS: 2021 tax returns must be filed or extended. The balance due must be paid. An automatic extension to September 30, 2022 using Form 7004 can be filed. This is NOT an extension to pay. 

For additional information on these deadlines or our tax services, please click here to contact us.