When you’re running your own business, there are numerous types of taxes and quite a few important tax due dates you need to keep track of. Missing any of these tax due dates could result in fines or penalties, so it’s important to remember each of these.  

Tax Due Dates to Know

October 15, 2015 Tax due date to file individual 2014 tax return (IRS Form 1040, 1040A, or 1040A) if you obtained an automatic six-month extension of time to file. You must pay any tax, interest or penalties due.
January 15, 2016 Last estimated tax payment for 2015 by individual taxpayers due.
February 1, 2016 All Forms 1099-MISC must be provided to recipients (payees)
March 1, 2016 Tax due date for all Forms 1099-MISC and 1096 filed on paper with the IRS.
March 15, 2016 All corporations must file federal income tax returns and pay any tax due—C corporations file Form 1120, S corporations file Form 1120S.

Due date to file an election for a corporation to be treated as an S corporation for calendar year 2016—file Form 2553.
March 31, 2016 Due date for all Forms 1099-MISC filed electronically with the IRS.
April 18, 2016 Your individual tax return (Form 1040) must be filed with the IRS and any tax due paid. Or, you can pay the tax due and file for an automatic extension of time to file your return until October 17, 2016.
Individuals and corporations must make first estimated tax payment for the year.
Partnerships must file information tax return (Form 1065) and provide each partner with a copy of Schedule K-1.
State, individual income tax returns due in all states except Delaware, Hawaii, Iowa, Louisiana and Virginia.
April 20, 2016 Individual income tax returns due in Hawaii.
May 2, 2016 Individual income tax returns due in Delaware and Iowa
May 2, 2016 Individual income tax returns due in Virginia
May 16, 2016 Individual income tax returns due in  Louisiana.
June 15, 2016 Second IRS estimated tax payment for 2016 due.
September 15, 2016 Third IRS estimated tax payment for 2016 due.
October 17, 2016 Tax due date to file individual 2015 tax return (IRS Form 1040, 1040A, or 1040A) if you obtained an automatic six-month extension of time to file. You must pay any tax, interest, or penalties due.
Stephen Fishman

Stephen Fishman

Stephen Fishman is a self-employed tax expert and regular contributor to MileIQ. He has dedicated his career as an attorney and author to writing useful, authoritative and recognized guides on taxes and business law for entrepreneurs, independent contractors, freelancers and other self-employed people. He is the author of over 20 books and hundreds of articles, and has been quoted in The New York Times, Wall Street Journal, Chicago Tribune, and many other publications. Visit Fishman Law and Tax Files for more information on his work.
Stephen Fishman

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MileIQ’s blog does not constitute professional tax advice. You should contact your own tax professional to discuss your situation.