Filing Deadline for Tax Season 2025 and Other Dates to Know

Filing Deadline for Tax Season 2025 and Other Dates to Know

by | Jan 21, 2025 | Articles, blog, For Individuals, Latest News, Newsletter Article, Personal

3 minute read

The 2025 tax season has arrived. From the federal income tax filing deadline to due dates for extensions and quarterly estimated tax payments, being aware of these important dates will help you stay organized for a reduced-stress tax season. In this article, we’ll outline key tax deadlines to help you avoid late fees and penalties.

Federal Income Tax Deadline

The deadline to file your federal income tax return for the 2025 tax year is April 15, 2025. The IRS provides an automatic extension to June 16, 2025, for U.S. taxpayers living abroad to file and pay. The IRS determines the timeliness of your electronic return based on the date and time it is transmitted in your local time zone. For those filing paper returns, the IRS considers the submission on time if it is correctly addressed, includes sufficient postage, and is postmarked by the deadline.

If you file electronically, ensure your return is transmitted by 11:59 p.m. local time on April 15. Certain taxpayers, such as members of the military or those affected by natural disasters, may qualify for automatic extensions. Check your eligibility for extensions and ensure all filing and payment deadlines are met to avoid interest and penalties.

Receiving Your Tax Refund

Taxpayers who e-file and select direct deposit usually receive their refund within 21 days of submitting their return. Filing a paper tax return, however, will increase processing times, with refunds often delayed by four weeks or more. Opt for electronic filing and direct deposit for the quickest and most efficient refund process.

Penalties for Missing the Tax Filing Deadline

Not filing your federal tax return by the due date can lead to a monthly penalty of 5% on any outstanding taxes, capped at 25% of the total unpaid balance. In contrast, if you submit your return but fail to pay the full amount owed—or if you receive a filing extension—you’ll typically face a lesser penalty of 0.5% per month on the unpaid taxes. To reduce the impact of penalties and interest, file your return on time and pay as much of your tax liability as possible by the deadline.

Tax Extension Due Date

Submitting a tax extension request by April 15, 2025, gives you until October 15, 2025, to file your federal tax return. However, an extension only postpones the filing deadline—it does not extend the timeframe to pay any taxes owed. You will still be required to pay the full amount due, or a reasonable estimate, by the original April 15, 2025 deadline. Neglecting to pay by this date will lead to interest fees and penalties that continue to grow until the balance is settled. To avoid additional costs, make sure to meet the payment deadline, even if you file later.

W-2 and 1099 Forms

Employers must issue W-2 forms to employees by January 31 each year. For freelancers, independent contractors, and individuals with income from non-traditional sources, 1099 forms are typically sent out by February 15.

Key Deadlines for Quarterly Estimated Taxes

If you earn income outside of traditional employment, such as from self-employment, freelancing, or other untaxed sources, you are generally urged to make quarterly estimated tax payments to the IRS. Alternatively, you can choose to make a single annual payment. For the 2025 tax year, the yearly payment is due by April 15, and the quarterly payment deadlines are as follows:

  • First payment: April 15, 2025
  • Second Payment: June 16, 2025 (adjusted because June 15 falls on a Sunday)
  • Third payment: September 15, 2025
  • Fourth payment: January 15, 2026

Following this IRS payment schedule helps you avoid penalties and interest charges for underpayment.

 

 

About the Author

Brian Brammer, CPA and partner of Brammer & Yeend Professional Corporation, has been in public accounting since 1989 after graduating from Ball State University with a Bachelor of Science degree in accounting. Brian provides services to small businesses and individual clients in tax, accounting, business development, forecasts and financial analysis.

Subscribe to Our Newsletter

  • This field is for validation purposes and should be left unchanged.

Related Articles

How Business Term Loans Can Support Small Business Growth

For small business owners looking to expand operations, invest in equipment, or stabilize cash flow, access to the right financing can make all the difference. Business term loans are one of the most common forms of funding available—and for good reason. These loans...

read more

Archives

Have a question or want to get started?