One of the keys to pay taxes effectively is to be organized and take into account key dates to declare and file income tax returns.
The first thing you should take into consideration is that taxes correspond to earnings received in the previous year. In this case, most of the 2022 deadlines correspond to the 2021 tax year.
As we are already in the middle of the year and many dates have passed, we leave you with other key dates for the coming months so that the payment to the tax authorities does not take you by surprise.
Let’s remember that April 18 was the last day to file returns for tax year 2021. This was followed by June 15 as the second estimated tax payment for the 2022 tax year.
Now, you should take into account the arrival of September, as there are two important dates for tax payments. First, employees must report August tips to their employer by September 12.
September 15 is also important, as it will be the date of the third estimated tax payment for the 2022 tax year. After that, until Oct. 17 will be the deadline to file the tax return for tax year 2021, AARP collected.
By Dec. 12, interested parties must file tips earned in November. The next important date is December 31, where contributions to the employer-sponsored retirement plan must be filed, as well as the required minimum distribution (RMD) for people 73 years of age or older, Telemundo reported.
This cycle culminates next January 17, 2023, when you must file your fourth estimated tax payment for the 2022 tax year.
When does the tax season begin?
Although the Internal Revenue Service (IRS) takes a few weeks to process millions of returns, they generally begin processing in late January.
Last January 24, the agency stated that taxpayers would begin receiving refunds within 21 days of filing their returns.
Still have doubts about filing or paying your taxes on time? Contact us and discover new ways to file your taxes quickly and easily. At Express Insurance we help you to optimally manage your tax calendar.