Related: 4 New Tax Rules to Know Before You Fileĥ. Farmers and fishermen who have a balance due on their taxes must file their individual tax returns and pay the balance by this deadline to avoid late-payment penalties. 1099-MISC forms show other income such as rent and royalty payments or prizes and awards from TV or radio shows.Ĥ. 1099-S forms relate to real estate transactions. 1099-B forms detail sales of stock, bonds or mutual funds through a brokerage account. Financial institutions must mail out 1099-B, 1099-S and 1099-MISC forms by this date. This is also the deadline for self-employed individuals to file and pay in full their fourth-quarter estimated tax payment to avoid a penalty.ģ. These forms help to calculate your total taxable income. This is also the deadline for businesses to send 1099 statements that report non-employee compensation, bank interest, dividends and distributions from a retirement plan. Companies have until this day to mail out W-2 forms to their employees. Related: From Boob Jobs to Body Oil, 5 Surprising Tax DeductionsĢ. The IRS begins accepting individual electronic returns.

Here are nine more key dates to put on your 2016 calendar while you prepare your 2015 individual income tax returns, courtesy of H&R Block.ġ. However, you can skip this estimated payment without penalty if you file the return and pay the balance in full by Feb. 15 is the deadline for self-employed workers and others who pay quarterly estimated tax to pay their fourth-quarter tax payment for 2015. (Or, do you? This year is different.) But there are other key dates that may affect your filing.įor example, Jan. Of course, you know the deadline to file taxes. Half the grunt work involving taxes is knowing how much time you have to get certain tasks done.

Hr block 2016 tax extension