IRS Reminder - Tax Return Due Dates Changed

Back in September 2016, we devoted our Tax Update to the recent changes to certain tax return due dates.  Now that we’re closer to filing season, we felt that it would be beneficial to remind you of what those new dates are. 

In 2015, Congress passed the short-term highway funding extension which contains several important tax provisions changing many of the tax return due dates and extended tax return due dates.  The new due dates will apply to returns for tax years beginning after December 31, 2015.  Personal tax returns filed on Form 1040 will not change with the tax return due date remaining April 15th and the extended due date remaining at October 15th.  Also, not changing are calendar year S Corporations filed on Form 1120S.  The S Corporation tax return due date remains March 15th and the extended due date is September 15th.  Also, there were no changes to Form 5500 which is due July 31st and has an extended due date of October 15th. 

Here are some of the more notable changes to be aware of: 

  • Partnership tax returns (with calendar year end) Form 1065.

Due date – March 15th

Extended due date remains the same at September 15th 

  • Trust and Estate tax returns Form 1041

Due date remains the same at April 15th

Extended due date changed to September 30th 

  • C Corporation tax returns (calendar year) Form 1120 – Before January 1, 2026

Due date – April 15th

Extended due date remains the same at September 15th 

  • C Corporation tax returns (calendar year) Form 1120 – After December 31, 2025

Due date – April 15th

Extended due date – October 15th 

  • C Corporation tax returns (Fiscal Year End – other than December 31st or June 30th) Form 1120

Due date – 15th day of 4th month after year end

Extended due date of 10th month after year end 

  • C Corporation tax returns – (June 30th fiscal year end before January 1, 2026)

 Form 1120

Due date –September 15 th

Extended due date – April 15th 

  • C Corporation tax returns – (June 30th fiscal year end after December 31, 2025)

 Form 1120

Due date –October 15th

Extended due date – April 15th 

  • Exempt Organizations Form 990

Due date May 15th

Extended due date November 15th 

  • FinCEN – Report 114 Foreign bank and Financial Accounts Report (FBAR)

New due date April 15th

NEW – Allows for extension to October 15th 

  • W-2’s and 1099’s – Forms W-2 and certain 1099-MISC are due to IRS on January 31st.  All other Forms 1099 are due February 28th; March 31 if filed electronically 

The changes to the C Corporation dates are logical in that now personal tax returns and

C Corporations are due on the same date (April 15th) making the returns that may have tax dollars owed and payable with the tax return due at the same time.  The good news is that your trusted CPA will keep track of this for you, so make sure you contact him or her! 

 

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