It's essential to know when taxes are due in 2024. And, for many people, there are more tax deadlines to worry about than just the due date for your federal income tax return. The IRS can hit you with penalties and interest if you miss a tax deadline.
- For example, the standard penalty for failing to file your annual tax return on time is 5% of the tax due for each month (or partial month) your return is late.
- If you don't pay your taxes on time, the monthly penalty is 0.5% of the unpaid amount, up to 25% of what you owe.
- You will also owe interest on the unpaid taxes. Penalties apply to missing other tax deadlines, too.
However, it can be hard to keep track of every IRS tax deadline. (After all, there's at least one monthly tax deadline.) So, to make things easier, here are the most important 2024 federal income tax due dates for individual taxpayers.
January 2024 tax deadlines
| Date | Deadline |
| January 10 | Tips for December 2023 reported to employer |
| January 16 | Estimated tax payment for 4th quarter of 2023 |
| January 16 | Farmers and fishermen pay estimated tax for 2023 |
| January 31 | Deadline to file and pay 2023 taxes in full if not making an estimated tax payment in Jan. |
January marks the start of the 2024 tax filing season, but there are also a few tax deadlines during the month. The first relates to tips, which must be reported to your employer by the tenth of month following the month you receive them.
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The other January tax deadline involves estimated tax payments for the last quarter of 2023, which are due Jan. 17 for most people who are required to make quarterly payments. You don't need to make this payment if you file and pay your taxes in full by Jan. 31, 2024.
Of course, if you live in a state where the tax deadline was extended by the IRS due to natural disasters, your January estimated tax payment can be paid in accordance with that new deadline.
February 2024 tax deadlines
| Date | Deadline |
| February 12 | Tips for January 2024 reported to employer |
| February 15 | File Form W-4 to reclaim exemption from withholding for 2024 |
The monthly tip reporting deadline is Feb. 12. This time, the deadline is for tips received in January.
Also, if you were exempt from income tax withholding in 2023 and want to reclaim the exemption for 2024, you need to fill out a new W-4 form and give it to your employer (if you qualify for the exemption).
March 2024 tax deadlines
| Date | Deadline |
| March 1 | Farmers and fishermen file 2023 tax return to avoid penalty if estimated tax not paid by Jan. |
| March 11 | Tips for Feb. 2024 reported to employer |
There are only two tax deadlines in March. One is for tip reporting, and the other applies to farmers and fishermen who did not make an estimated tax payment in January.
April 2024 tax deadlines
| Date | Deadline |
| April 1 | First Required minimum distribution (RMD) by individuals who turned 73 in 2023 |
| April 10 | Tips for March 2024 reported to employer |
| April 15 | File 2023 tax return and pay tax due |
| April 15 | File Form 4868 to request 6-month income tax return filing extension (payment of tax not extended) |
| April 15 | File Schedule H (1040) and pay employment taxes for household employees (file separately if Form 1040 is not filed) |
| April 15 | Estimated tax payment for 1st quarter of 2024 |
| April 15 | Contribute to individual retirement account (IRA) for 2023 |
| April 15 | Withdraw excess IRA contributions in 2023 to avoid penalty if filing of form 1040 was not extended |
| April 15 | Contribute to health savings account (HSA) for 2023 |
| April 15 | Contribute to solo 401(k) plan or simplified employee pension (SEP) plan for 2023 by self-employed if filing of form 1040 was not extended |
| April 15 | File 2020 tax return (Form 1040) to request unclaimed tax refund for the 2020 tax year |
April is an important month for taxes. For most people, April 15 is the last day file a 2023 tax return, unless you file an application for an automatic six-month tax extension with the IRS, which is also due on April 15. If you a household worker (for example, a nanny), you also have until April 15 to file Schedule H and pay their employment taxes.
- April 15 is also the last day that you can contribute to an IRA or health savings account (HSA) for 2023.
- In addition, except for those who request an extension to file their 2023 tax return, April 15 is the deadline for self-employed people to contribute to a solo 401(k) or a simplified employee pension (SEP) plan for 2023.
- If you made excess IRA contributions in 2023, these must also be withdrawn by April 15.
If you turned 73 in 2023, you must take your first required minimum distribution (RMD) from your traditional IRAs and 401(k) plans by April 1. RMDs for inherited IRAs have their own set of rules.
May 2024 tax deadlines
| Date | Deadline |
| May 10 | Tips for April 2024 reported to employer (Form 4070) |
You only need to worry about May tax deadlines if you received tips in April. However, if you received less than $20 in tips from a single employer in April, you don't need to worry about this deadline.
June 2024 tax Ddeadlines
| Date | Deadline |
| June 10 | Tips for May 2024 reported to employer |
| June 17 | Estimated tax payment for 2nd quarter of 2024\ |
| June 17 | U.S. taxpayers living and working abroad file 2023 tax return |
| June 17 | U.S. taxpayers living and working abroad file form 4868 to request 4-month income tax return filing extension (payment of tax not extended) |
| June 17 | Military personnel on duty outside the U.S. file 2023 tax return |
| June 17 | Military personnel on duty outside the U.S. file Form 4868 to request 4-month income tax return filing extension (payment of tax not extended) |
Military personnel and other taxpayers who are serving or living outside the U.S. have until June 17 to file their 2023 tax return. Estimated tax payments for the 2nd quarter of 2024 are also due June 17.
July 2024 tax deadlines
| Date | Deadline |
| July 10 | Tips for June 2024 reported to employer |
July is a slow month for tax deadlines. You only need to worry about this due date if you received tips in June. The same $20 threshold per employer applies.
August 2024 tax deadlines
| Date | Deadline |
| August 12 | Tips for July 2024 reported to employer |
Because Aug. 10 falls on a Saturday, you have until Aug. 12 to report tips received in July.
September 2024 tax deadlines
| Date | Deadline |
| September 10 | Tips for August 2024 reported to employer |
| September 16 | Estimated tax payment for 3rd quarter of 2024 |
Employees must report August tips to their employer by Sept. 10. Estimated tax payments for the 3rd quarter of 2024 are due by Sept. 16.
October 2024 tax deadlines
| Date | Deadline |
| October 10 | Tips for September 2024 reported to employer |
| October 15 | File extended 2023 tax return (Form 1040) |
| October 15 | Withdraw excess IRA contributions in 2023 to avoid penalty if filing of Form 1040 was extended |
| October 15 | Contribute to solo 401(k) plan or simplified employee pension (SEP) plan for 2023 by self-employed if you received a filing extension |
Most October deadlines only apply if you received a 6-month tax filing extension. If that applies to you, make sure you meet the Oct. 15 deadline to avoid penalties. Some taxpayers who received a filing extension can also contribute to or withdraw from certain accounts. See the table above to determine if this applies to you.
November 2024 tax deadlines
| Date | Deadline |
| November 12 | Tips for October 2024 reported to employer |
If you received more than $20 in tips during October, you must report them to your employer by Nov. 12, 2024.
December 2024 tax deadlines
| Date | Deadline |
| December 10 | Tips for November 2024 Reported to Employer (Form 4070) |
| December 31 | Contribution to employer-sponsored retirement plan for 2024 (401(k), 403(b), 457 or federal thrift savings plans) |
| December 31 | Required minimum distribution (RMD) by individuals who are 74 or older at the end of 2024 |
There are a few important tax deadlines in December. For one, it's the last month to contribute to employer-sponsored retirement plan, such as your 401(k). Unless it's your first, you must also take your annual RMD by the end of year.
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