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Urgent Reminder: Final Tax Filing Date Approaching in 2024 – Secure Your Financial Compliance Today!

Important 2024 Federal Income Tax Due Dates for Individual Taxpayers

Urgent Reminder: Final Tax Filing Date Approaching in 2024 – Secure Your Financial Compliance Today! (PHOTO: Ewekijana)

Stay on Top of Your Tax Deadlines

In 2024 it is super important to know when your taxes are due. If you miss the deadline the IRS can charge you extra money. For instance if you are late filing your taxes they might slap you with a penalty of 5% of what you owe every month it is late. If you do not pay the taxes you owe on time they can add another penalty of 0.5% of the unpaid amount each month up to 25% of what you owe. Plus you will have to pay interest on the money you owe.

To avoid getting hit with these extra charges it is crucial to keep track of the important tax deadlines in 2024. The big one of course is the due date for filing your federal income tax return. But there are other deadlines too and it can be tough to remember them all. Missing any of these deadlines could mean more penalties and interest added to what you owe.

READ ALSO: Do You Have Any Strategy In Place If Social Security Is Reduced?

Keep Your Finances in Good Shape

So it is a good idea to mark your calendar with these key dates to make sure you do not forget. By staying on top of your tax deadlines you can avoid unnecessary fees and keep your finances in good shape.

January 2024 tax deadlines

Date Deadline
January 10 Tips for December 2023 reported to employer
January 16 Estimated tax payment for 4th quarter of 2023
January 16 Farmers and fishermen pay estimated tax for 2023
January 31 Deadline to file and pay 2023 taxes in full if not making an estimated tax payment in Jan.

February 2024 tax deadlines

Date Deadline
February 12 Tips for January 2024 reported to employer
February 15 File Form W-4 to reclaim exemption from withholding for 2024

March 2024 tax deadlines

Date Deadline
March 1 Farmers and fishermen file 2023 tax return to avoid penalty if estimated tax not paid by Jan.
March 11 Tips for Feb. 202r reported to employer

READ ALSO: Double Taxation Risk For Remote And Hybrid Workers On State Taxes

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