The tax season is approaching, and for those who thrive under pressure, it’s helpful to note some important dates for your calendar.

What is the tax filing deadline for 2025?

Most individuals need to file taxes for 2024 by Tuesday, April 15. If you’re unable to file by this date, you can apply for a six-month extension.

When will I receive my refund?

The IRS states that if you file electronically and opt for direct deposit, you can expect your refund within 21 days. Conversely, if you file a paper return, it may take four weeks or even longer.

What if I miss the tax deadline?

Failing to file your federal tax return on time incurs a penalty of 5% of any owed tax for each month the return is delayed, up to a total of 25% of the unpaid tax. If you file late but pay your owed taxes, or request an extension, you typically will only face a smaller penalty of 0.5% of the unpaid amount each month.

Are there any exceptions to the April 15 deadline?

Indeed. The IRS provides extended deadlines for taxpayers residing or operating in disaster-stricken areas and for those in states observing local holidays.

You can find a comprehensive list of disaster-related extensions on the IRS website.

Tax deadlines for Hurricane Helene victims

Individuals and businesses impacted by Hurricane Helene in parts of Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee, Virginia, and West Virginia have until May 1 to submit their tax returns.

Residents of Florida affected by Hurricane Milton also have a deadline extension to May 1.

Deadline for submitting income tax returns with extensions

If you apply for an extension, you will have until October 15, which falls on a Wednesday, to file your return. Remember, requesting an extension does not extend the time to pay your taxes. If you owe any taxes, it’s advisable to estimate your payment and make it by April 15 to avoid future penalties.

Deadline for 1099 forms

If you’re a freelancer, independent contractor, or earn money outside of a typical job, you should receive your 1099 tax form by February 15. Employers are usually required to send these forms by the end of January.

W-2 form deadline

Your employer must send you your W-2 form by January 31.

Estimated quarterly tax due dates

If you earn non-withheld income, you’re usually required to make estimated tax payments to the IRS. These can be done quarterly or through one annual estimate, which is due on April 15.

The due dates for quarterly tax payments in 2025 are as follows:

◾ First payment: April 15.

◾ Second payment: June 16 (due to the 15th falling on a Sunday).

◾ Third payment: September 15.

◾ Fourth payment: January 15, 2026.