Here are some key tax deadlines for businesses and employers during the second quarter of 2024. Remember, this list doesn’t cover everything, so you might have more deadlines to meet. Contact us for guidance on understanding what you need to follow and also making sure tax deadlines are being met.
Q2 Tax Deadlines
April 15
- If you’re a calendar-year corporation, file a 2023 income tax return (Form 1120) or file for an automatic six-month extension (Form 7004) and pay any tax due.
- For corporations, pay the first installment of 2024 estimated income taxes. Complete and retain Form 1120-W (worksheet) for your records.
- For individuals, file a 2023 income tax return (Form 1040 or Form 1040-SR) or file for an automatic six-month extension (Form 4868) and pay any tax due.
- For individuals, pay the first installment of 2024 estimated taxes, if you don’t pay income tax through withholding (Form 1040-ES).
April 30
- Employers report income tax withholding and FICA taxes for the first quarter of 2024 (Form 941) and pay any tax due.
May 10
- Employers report income tax withholding and FICA taxes for the first quarter of 2024 (Form 941), if they deposited on time, and fully paid, all of the associated taxes due.
May 15
- Employers deposit Social Security, Medicare, and withheld income taxes for April if the monthly deposit rule applies.
June 17
- Corporations pay the second installment of 2024 estimated income taxes.