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Deadline for employers to send Form W-2 to each employee who worked for them in 2024.

This is the deadline for employers to send Form W-2 to each employee who worked for them in 2024. Similarly, the IRS requires other informational forms to be delivered to recipients by this date. These include the Form 1099-INT (for interest earned), Form 1099-NEC (typically for independent contractors), and Form 1099-K (transaction records from PayPal and other third-party payment networks).

The final date for reclaiming exemption from withholding

The final date for reclaiming exemption from withholding. If you claimed a tax withholding exemption from your employer in 2024 and you want to continue that, you need to complete an updated Form W-4 and submit it to your employer. If you don’t file a new Form W-4, your employer can withhold income taxes at the highest...

Federal income tax filing deadline for individuals.

This is the federal income tax filing deadline for individuals. Deadline for applying for a six-month extension. Deadline to make IRA and HSA contributions for 2024. Deadline for the first quarter of 2025 (January 1 – March 31) estimated tax payment. The IRS requires self-employed people and business owners to estimate their income for the...

Last day to pay estimated taxes for the fourth quarter of 2024

This is the last day to pay estimated taxes for the fourth quarter of 2024, which runs from Oct. 1, 2024, through Dec. 31, 2024. Individuals required to file estimated taxes generally have income not subject to withholding tax. Examples of income subject to estimated taxes include interest, rent, and earnings from self-employment.