Tax filing for 2016 officially starts today Monday, Jan 23, 2017!
The Internal Revenue Service announced today that the nation’s tax season will begin Monday, Jan. 23, 2017. The IRS will begin accepting electronic tax returns from today, with more than 153 million individual tax returns expected to be filed in 2017. IRS reminded taxpayers claiming certain tax credits to expect a longer delay in refunds.
The filing deadline to submit 2016 tax returns is Tuesday, April 18, 2017, rather than the traditional April 15 date. In 2017, April 15 falls on a Saturday, and this would usually move the filing deadline to the following Monday — April 17. However, Emancipation Day — a legal holiday in the District of Columbia — will be observed on that Monday, which pushes the nation’s filing deadline to Tuesday, April 18, 2017. Under the tax law, legal holidays in the District of Columbia affect the filing deadline across the nation.
FBAR Filing: April 17, 2017 (New Date)
Tax Return Dates for 2016 Business Taxes – UPDATED
Sole Proprietorship and Single-member LLC returns on Schedule C: April 17, 2017
Partnership returns on Form 1065 with Schedule K-1s: March 15, 2017 (new date)
S corporation returns on Form 1120 S: March 15, 2017
C corporation returns on Form 1120: for December 31, year-end corporations, the deadline is April 17, 2017 (new date).