Tax Calendar 2024

As we step into the fiscal landscape of 2024, understanding tax obligations becomes imperative for both individuals and businesses. The tax calendar serves as the cornerstone for meeting deadlines and fulfilling obligations mandated by federal tax laws.

In this article, we delve into the intricacies of the Tax Calendar 2024, exploring its significance, key dates, and essential actions to ensure compliance and financial efficiency in the year ahead.

What Is a Tax Calendar?

A tax calendar divides a year into 4 quarters and gives due dates to:

1. File tax forms,
2. Pay taxes, and
3. Take other actions required by federal tax law.

This article will talk about:

• General Tax Calendar
• Employer's Tax Calendar
• Excise Tax Calendar

Advantages of Using a Tax Calendar

1. You need not figure out due dates on your own.
2. You can file and pay your taxes on time, thereby avoiding penalties.
3. You need not adjust due dates around weekends and legal holidays.
4. You need not adjust due dates for special banking rules if you use the Employer’s Tax Calendar or the Excise Tax Calendar.

Which Tax Calendar To Use

First take a look at the general tax calendar and note the dates that apply to you.

You will need to use the Employer’s Tax Calendar if you are an employer, and the Excise Tax Calendar if you are to pay excise taxes.

Depending on your situation, you may need to use more than one tax calendar.

Note:

1. Each calendar lists the forms you may need.

2. These calendars do not include:

• Employment or excise tax deposit rules

(You can find the deposit rules for:

→ Employment taxes in Pub. 15, and

→ Excise taxes in Pub. 510 and in the Instructions for Form 720)

• Filing forms and other requirements for estate taxes, gift taxes, trusts, exempt organizations, certain types of corporations, foreign partnerships, or nonresident aliens.

Tips for Using Tax Calendars

IRS e-services

Federal taxes can be filed and paid electronically.

• You can e-file:
  • Form 1040 or Form 1040-SR;
  • Certain business tax returns such as Forms 1120, 1120-S, and 1065;
  • Certain employment tax returns such as Forms 940 and 941;
  • Certain excise tax returns such as Forms 720, 2290, and 8849; and
  • Form 1099 and other information returns.
• Taxes can be paid online or by phone using the Electronic Federal Tax Payment System (EFTPS).

Tax deposits

Sometimes, you can settle certain taxes alongside the return where they're documented. Nevertheless, in numerous instances, you're required to make the tax deposit prior to the return filing deadline. These deposits are calculated based on periods shorter than those covered by the return.

Details of:

Employment tax deposit rules —> Pub. 15

Excise tax deposit rules —> Pub. 510 or the Instructions for Form 720

Saturday, Sunday, or legal holiday

In the event that a deadline for undertaking any tax-related obligation falls on a Saturday, Sunday, or recognized legal holiday, compliance is deemed timely if executed no later than the subsequent non-holiday business day.

Legal Holidays 2024
January 1	New Year's Day
January 15	Birthday of Martin Luther King, Jr.
February 19	Washington's Birthday
April 16	District of Columbia Emancipation Day
May 27	Memorial Day
June 19	Juneteenth National Independence Day
July 4	Independence Day
September 2	Labor Day
October 14	Indigenous Peoples’ Day (previously Columbus Day)
November 11	Veterans Day
November 28	Thanksgiving Day
December 25	Christmas Day

Publications to use

Status	Useful Publications
An employer	• Pub. 15, Employer's Tax Guide  • Pub. 15-A, Employer's Supplemental Tax Guide • Pub. 15-B, Employer's Tax Guide to Fringe Benefits • Pub. 15-T, Federal Income Tax Withholding Methods • Pub. 926, Household Employer's Tax Guide
A farmer	• Pub. 15, Employer's Tax Guide • Pub. 225, Farmer's Tax Guide
An individual	• Pub. 505, Tax Withholding and Estimated Tax
Required to pay excise taxes	• Pub. 510, Excise Taxes

Penalties

Always file and pay taxes before the due date and abide by all tax laws that apply to you. Failure to do so will fetch penalties. In addition to civil penalties, criminal penalties may be imposed for intentionally not paying taxes, filing a false return, or for not filing a required return.

General Tax Calendar

Note: Those who file their income tax return for a fiscal year rather than the calendar year must change some of the dates in this calendar.

Quarter	Date	Applicable to	Relevant Forms
Quarter 1	January 10	Employees who work for tips	Form 4070
	January 16	Individuals Farmers and fishermen	Form 1040-ES Form 1040 or Form 1040-SR
	January 31	Individuals who must make estimated tax payments All businesses Payers of nonemployee compensation	Form 1040 or Form 1040-SR Form 1099 (appropriate version) Form 1099-NEC
	February 12	Employees who work for tips	Form 4070
	February 15	Individuals All businesses	Form W-4  Form 1099 (appropriate version) Form 1040 or Form 1040-SR
	February 28	All businesses	Certain Forms 1099
	March 1	Farmers and fishermen	Form 1040 or Form 1040-SR
	March 11	Employees who work for tips	Form 4070
	March 15	Partnerships S corporations S corporation election	Form 1065 Form 1120-S Form 2553
Quarter 2	April 1	For those who file electronically	Forms 1097, 1098, 1099, 3921, 3922, and W-2G
	April 10	Employees who work for tips	Form 4070
	April 15	Individuals Household employers Corporations	Form 1040 or Form 1040-SR Form 1120
	May 10	Employees who work for tips	Form 4070
	June 10	Employees who work for tips	Form 4070
	June 17	Individuals Corporations	Form 1040 or Form 1040-SR Form 1040-ES
Quarter 3	July 10	Employees who work for tips	Form 4070
	August 12	Employees who work for tips	Form 4070
	September 10	Employees who work for tips	Form 4070
	September 16	Individuals Partnerships S corporations Corporations	Form 1040-ES Form 1065 Form 1120-S
Quarter 4	October 10	Employees who work for tips	Form 4070
	October 15	Individuals Corporations	Form 1040 or Form 1040-SR  Form 1120
	November 12	Employees who work for tips	Form 4070
	December 10	Employees who work for tips	Form 4070
	December 16	Corporations

Refer to IRS 2024 Publication 509 for further details.

Employer's Tax Calendar

Due dates that are relevant to employers are covered in this tax calendar.

The following federal taxes are covered:

• Income tax withheld from employees' wages or from nonpayroll amounts paid out
• Social security and Medicare taxes (FICA taxes) withheld from employees' wages and the social security and Medicare taxes that an employer must pay
• Federal unemployment (FUTA) tax that an employer must pay

List of forms you may need

1. Form 940, Employer's Annual Federal Unemployment (FUTA) Tax Return
2. Form 941, Employer's QUARTERLY Federal Tax Return
3. Form 943, Employer's Annual Federal Tax Return for Agricultural Employees
4. Form 944, Employer's ANNUAL Federal Tax Return
5. Form 945, Annual Return of Withheld Federal Income Tax

Note

Extended due dates:

If you timely deposit in full the tax you’re required to report on Form 940, 941, 943, 944, or 945, you may file the return by the 10th day of the 2nd month that follows the end of the return period.

Quarter	Date	Applicable to	Relevant Forms
Quarter 1	During January	All employers	Form W-2, Wage and Tax Statement
	January 16	Social security, Medicare, and withheld income tax Nonpayroll withholding
	January 31	All employers       Payers of nonemployee compensation Payers of gambling winnings Nonpayroll taxes Social security, Medicare, and withheld income tax Certain small employers Farm employers Federal unemployment (FUTA) tax	Form W-2, Wage and Tax Statement Form W-3, Transmittal of Wage and Tax Statements Form 1099-NEC   Form W-2G Form 945 Form 941   Form 944 Form 943 Form 940
	February 12	Nonpayroll taxes Social security, Medicare, and withheld income tax Certain small employers Farm employers Federal unemployment (FUTA) tax	Form 945 Form 941   Form 944 Form 943 Form 940
	February 15	Social security, Medicare, and withheld income tax Nonpayroll withholding
	February 16	All employers	Form W-4 (or Form W-4(SP), its Spanish version)
	February 28	Payers of gambling winnings Health coverage reporting to IRS Nonpayroll withholding	Form 1096  Forms 1094-C and 1095-C Forms 1094-B and 1095-B
	February 29	Large food and beverage establishment employers	Form 8027
	March 1	Health coverage reporting to employees	Form 1094-B Form 1094-C Form 1095-B Form 1095-B
	March 15	Social security, Medicare, and withheld income tax Nonpayroll withholding
Quarter 2	April 1	Electronic filing	Form W-2G Form 8027 Form 1094-B Form 1094-C Form 1095-B Form 1095-C
	April 15	Social security, Medicare, and withheld income tax Nonpayroll withholding Household employers	Form 1040 Form 1040-SR
	April 30	Social security, Medicare, and withheld income tax Federal unemployment (FUTA) tax	Form 941
	May 10	Social security, Medicare, and withheld income tax	Form 941
	May 15	Social security, Medicare, and withheld income tax Nonpayroll withholding
	June 17	Social security, Medicare, and withheld income tax Nonpayroll withholding
Quarter 3	July 15	Social security, Medicare, and withheld income tax Nonpayroll withholding
	July 31	Social security, Medicare, and withheld income tax Certain small employers Federal unemployment (FUTA) tax All employers	Form 941         Form 5500 or 5500-EZ
	August 12	Social security, Medicare, and withheld income tax	Form 941
	August  15	Social security, Medicare, and withheld income tax Nonpayroll withholding
	September 16	Social security, Medicare, and withheld income tax Nonpayroll withholding
Quarter 4	October 15	Social security, Medicare, and withheld income tax Nonpayroll withholding
	October 31	Social security, Medicare, and withheld income tax Certain small employers Federal unemployment (FUTA) tax	Form 941
	During November	Income tax withholding	Form W-4 or Form W-4(SP)
	November 12	Social security, Medicare, and withheld income tax	Form 941
	November 15	Social security, Medicare, and withheld income tax Nonpayroll withholding
	December 16	Social security, Medicare, and withheld income tax Nonpayroll withholding

Refer to IRS 2024 Publication 509 for further details.

Excise Tax Calendar

Due dates for filing returns and making deposits of excise taxes are provided in this tax calendar. This calendar is to be used with Pub. 510.

List of forms you may need

1. Form 11-C, Occupational Tax and Registration Return for Wagering
2. Form 720, Quarterly Federal Excise Tax Return
3. Form 730, Monthly Tax Return for Wagers
4. Form 2290, Heavy Highway Vehicle Use Tax Return

Quarter	Date	Applicable to	Relevant Forms
Quarter 1	January 2	Wagering tax Heavy highway vehicle use tax	Form 730 Form 2290
	January 10	Communications and air transportation taxes under the alternative method
	January 12	Regular method taxes
	January 25	Communications and air transportation taxes under the alternative method
	January 29	Regular method taxes
	January 31	Form 720 taxes  Wagering tax Heavy highway vehicle use tax	Form 720 Form 730 Form 2290
	February 12	Communications and air transportation taxes under the alternative method
	February 14	Regular method taxes
	February 27	Communications and air transportation taxes under the alternative method
	February 29	Wagering tax Heavy highway vehicle use tax Regular method taxes	Form 730 Form 2290
	March 12	Communications and air transportation taxes under the alternative method
	March 14	Regular method taxes
	March 27	Communications and air transportation taxes under the alternative method
	March 29	Regular method taxes
Quarter 2	April 1	Wagering tax Heavy highway vehicle use tax	Form 730 Form 2290
	April 10	Communications and air transportation taxes under the alternative method
	April 12	Regular method taxes
	April 25	Communications and air transportation taxes under the alternative method
	April 29	Regular method taxes
	April 30	Form 720 taxes  Wagering tax Heavy highway vehicle use tax	Form 720 Form 730 Form 2290
	May 10	Communications and air transportation taxes under the alternative method
	May 14	Regular method taxes
	May 28	Communications and air transportation taxes under the alternative method
	May 29	Regular method taxes
	May 31	Wagering tax Heavy highway vehicle use tax	Form 730 Form 2290
	June 12	Communications and air transportation taxes under the alternative method
	June 14	Regular method taxes
	June 26	Communications and air transportation taxes under the alternative method
	June 28	Regular method taxes
Quarter 3	July 1	Wagering tax Heavy highway vehicle use tax Floor stocks tax for ozone-depleting chemicals (IRS No. 20) Occupational excise taxes	Form 730 Form 2290       Form 11-C
	July 10	Communications and air transportation taxes under the alternative method
	July 12	Regular method taxes
	July 25	Communications and air transportation taxes under the alternative method
	July 29	Regular method taxes
	July 31	Form 720 taxes  Wagering tax Heavy highway vehicle use tax	Form 720 Form 730 Form 2290
	August 12	Communications and air transportation taxes under the alternative method	Form 4070
	August 14	Regular method taxes
	August 27	Communications and air transportation taxes under the alternative method
	August 29	Regular method taxes
	September 3	Wagering tax Heavy highway vehicle use tax	Form 730 Form 2290
	September 11	Communications and air transportation taxes under the alternative method	Form 1040-ES Form 1065 Form 1120-S
	September 13	Regular method taxes
	September 25	Communications and air transportation taxes under the alternative method
	September 27	Regular method taxes
	September 30	Regular method taxes (special September deposit rule)   Communications and air transportation taxes under the alternative method (special September deposit rule)   Wagering tax   Heavy highway vehicle use tax	Form 730   Form 2290
Quarter 4	October 10	Communications and air transportation taxes under the alternative method (special September deposit rule)
	October 11	Regular method taxes (special September deposit rule)
	October 25	Communications and air transportation taxes under the alternative method
	October 29	Regular method taxes
	October 31	Form 720 taxes  Wagering tax Heavy highway vehicle use tax	Form 720 Form 730 Form 2290
	November 13	Communications and air transportation taxes under the alternative method	Form 4070
	November 14	Regular method taxes
	November 27	Communications and air transportation taxes under the alternative method
	November 29	Regular method taxes
	December 2	Wagering tax Heavy highway vehicle use tax	Form 730 Form 2290
	December 11	Communications and air transportation taxes under the alternative method
	December 13	Regular method taxes
	December 26	Communications and air transportation taxes under the alternative method
	December 27	Regular method taxes
	December 31	Wagering tax Heavy highway vehicle use tax	Form 730 Form 2290

Refer to IRS 2024 Publication 509 for further details.

In Conclusion

As we embark upon the fiscal journey of 2024, a thorough comprehension of tax obligations stands paramount for individuals and businesses alike. The tax calendar emerges as a pivotal tool in this landscape, delineating crucial dates for filing returns, making payments, and fulfilling other obligations mandated by federal tax laws. Throughout this article, we have explored the intricacies of the Tax Calendar 2024, elucidating its significance, key dates, and essential actions to ensure compliance and foster financial efficiency in the year ahead.

Thus, by adhering to the provisions delineated in the Tax Calendar 2024 and availing oneself of relevant resources, individuals and businesses can navigate the complexities of tax compliance with diligence and confidence, ensuring adherence to all applicable laws and regulations.