Insight Tax Solutions
guidance through the tax jungle
Welcome to Insight Tax PreparationTax Preparation Rates and FeesIndividual Tax PreparationSelf-employed/Small Business Tax PreparationFinancial & Investment ServicesTaxpayer Information & Links

Tax Glossary
2016 Individual Tax Organizer
Important Tax Dates

Important Tax Dates
Individual & self-employed   Partnerships   S Corps  Amended Returns Deadlines

Tax deadlines for Tax year 2016-17

Individual & Self-employed

January 15, 2017
4th Quarter 2016 Estimated Tax Payment Due - Form 1040ES.


January 20, 2017
IRS starts to accept e-filing submissions

January 31, 2017

Employers required to provide employees copies of Form W2 for tax year 2014. If employee agrees, provide electronic verision on company website and notify employee of the positng by January 31.

April 15, 2017
2016 Tax Returns Due - Form 1040. If you have not applied for an extension, e-file or postmark Form 4868 by midnight April 15, 2017.

2016 Tax Return Extension Form 4868 due. This will push your deadline for Form 1040 filing back to October 15, 2015. This does not extend payment of taxes due.

1st Quarter 2017 Estimated Tax Payment Due - Form 1040ES.

Last date to make a 2017 IRA Contribution

June 15, 2017
2nd Quarter 2017 Estimated Tax Payment Due - Form 1040ES.

Septemeber 15, 2017
3rd Quarter 2017 Estimated Tax Payment Due - Form 1040ES.

October 15, 2017

Extended Form 1040 returns due. Must be post-marked today.

Last chance to re-characterize 2016 Roth IRA Conversion
If you converted a traditional IRA to a Roth during 2014 and paid tax on the conversion on your 2014 tax return, October 17, 2017 is the deadline for re-characterizing (re-converting back to an IRA). Doing so could save you money if your IRA has lost money since the time of conversion.



 

Partnerships

 

Form 1065.   This form is due on the 15th day of the 4th month after the end of the partnership's tax year. Provide each partner with a copy of Schedule K-1 (Form 1065) or a substitute Schedule K-1.

 

Form 1065-B (electing large partnerships).   This form is due on the 15th day of the 4th month after the end of the partnership's tax year. Provide each partner with a copy of Schedule K-1 (Form 1065-B) or a substitute Schedule K-1 by the first March 15 following the close of the partnership's tax year.

 

Corporations and S Corporations

 

Form 1120 and Form 1120S (or Form 7004).   These forms are due on the 15th day of the 3rd month after the end of the corporation's tax year. S corporations must provide each shareholder with a copy of Schedule K-1 (Form 1120S) or a substitute Schedule K-1.

 

Estimated tax payments.   Payments are due on the 15th day of the 4th, 6th, 9th, and 12th months of the corporation's tax year.

Form 2553.   This form is used to choose S corporation treatment. It is due no more than two months and 15 days after the beginning of the tax year the election is to take effect or at any time during the preceding tax year.

 

Tax Amendment Deadlines
3 Years from original date of return
or
2 years from date tax was paid or
Tax amendment to claim tax refund
(whichever is later)


Welcome to Insight Tax PreparationTax Preparation Rates and FeesIndividual Tax PreparationSelf-employed/Small Business Tax PreparationFinancial & Investment ServicesTaxpayer Information & Links