Monday, April 15th, 2020Individuals: File your 2019 income tax return and pay any tax due. If you need more time to file your return, you can request a tax extension with IRS Form 4868. Note that an extension only gives you extra time to file, so you should pay what you estimate you owe in tax by the original April deadline to avoid penalties. If you obtain a tax extension, you will have until October 15, 2020 to file your tax return.
If you are not paying your 2019 income tax through withholding (or you will not pay enough tax during the year that way), you should make the first installment payment for your 2019 estimated tax. You can use IRS Form 1040-ES (Estimated Tax for Individuals). For more information, see IRS Publication 505 (Tax Withholding and Estimated Tax).
Household Employers: If you paid cash wages of $2,100 or more to a household employee during 2019, you must file IRS Schedule H (Form 1040)(Household Employment Taxes). If you are required to file an annual income tax return (IRS Form 1040), you should include Schedule H with your return and report any household employment taxes. If you paid total cash wages of $1,000 or more in any calendar quarter of 2017 or 2019 to household employees, you should report any federal unemployment (FUTA) on Schedule H. Additionally, make sure to report any income tax you withheld for your household employees. For more information, see IRS Publication 926 (Household Employer’s Tax Guide).
Corporations: File a 2019 income tax return, IRS Form 1120 (U.S. Corporation Income Tax Return), and pay any tax due. If you need more time to file, you can request a tax extension with IRS Form 7004. Make sure you file your extension and pay what you estimate you owe in taxes by this date to avoid penalties.
Corporations: Make the first installment payment for 2020 estimated income tax. You can use the worksheet, IRS Form 1120-W (Estimated Tax for Corporations), to help you calculate your estimated tax for the year.