January 1, 2021
The due date for filing tax returns and submitting tax payments is April 15th.
If you haven’t applied for an extension, you must e-file or postmark your individual tax returns by midnight to avoid any penalties.
Individual Tax Return Extension Form Due for Tax Year 2020
If you plan to file for an extension, it must be submitted by April 15th.
1st Quarter 2021 Estimated Tax Payment Due
If you are self-employed or have other first-quarter income that requires you to pay quarterly estimated taxes, get your Form 1040-ES postmarked by this date.
Last Day to make a 2020 IRA Contribution
If you haven’t already funded your retirement account for 2020, it must be done by April 15, 2021. That’s the deadline for a contribution to a traditional IRA, deductible or not, and a Roth IRA. However, if you have a Keogh or SEP and you get a filing extension to October 15, 2021, you can wait until then to put 2020 money into those accounts.
