Important 2016/2017 Tax Dates

Taxes always seem to sneak up on us. Before you miss a deadline, put these key tax dates in your 2016/2017 calendar. If you need help meeting these deadlines or need any tax planning advice, feel free to reach out to us at: accounting@squarerootfinancial.com.

Note: in 2017 the traditional due dates for partnerships and C Corporations changed. See below.* Also, please note tax deadlines never fall on a federal holiday or a weekend. If the normal due date is on one of those dates then the actual due date will be the following business day. Happy Tax Planning!

SEPTEMBER 15th, 2016

  • 3rd quarter estimated tax payments due for the 2016 tax year
  • Final deadline to file corporate tax returns for the year 2015 if an extension was requested
  • Final deadline to file partnership tax returns for the year 2015 if an extension was requested

OCTOBER 1st, 2016

  • Deadline for self-employed persons or small employers to establish a SIMPLE-IRA for the year 2016

OCTOBER 17th, 2016

  • Final deadline to file individual tax returns for the year 2015
  • Final deadline to fund a SEP-IRA or solo 401(k) for tax year 2015 if you requested an automatic extension of time to file

DECEMBER 1st, 2016

  • If you are covered by an HSA-compatible health insurance policy as of December 1st, you’ll be eligible to contribute to a Health Savings Account for the year

DECEMBER 31st, 2016

  • Last day to make any tax moves for the year 2016. Last day to set up a solo 401(k) for self-employed persons
  • Marital status on this date determines your marital status for the whole year

JANUARY 17TH, 2017

  • 4th quarter estimated tax payments due for the 2016 tax year

MARCH 15th, 2017

  • Partnership Return Due*
  • S Corporation Return Due

APRIL 18TH, 2017

  • Deadline to file individual tax returns for the year 2016 or to request an Automatic Extension. An extension provides an extra six months to file your return. Payment of the tax is still due by April 18th. You can submit payment for tax along with the extension form
  • C Corporation Return Due*
  • Last day to make a contribution to traditional IRA, Roth IRA, Health Savings Account, SEP-IRA or solo 401(k) for the 2016 tax year. (If you get an extension, you will have until October 15th to fund a SEP-IRA or solo 401(k))
  • 1st quarter estimated tax payments due for the 2017 tax year

JUNE 15th, 2017

  • 2nd quarter estimated tax payments due for the 2017 tax year
  • Deadline for US citizens living abroad to file individual tax returns and to pay any tax due. You can request an additional 4-month extension

SEPTEMBER 15, 2017

  • Final deadline to file partnership and C Corporation returns for the year 2016
  • 3rd quarter estimated tax payments due for the 2017 tax year

OCTOBER 16, 2017

  • Final deadline to file individual tax returns for the year 2016
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