For corporations in the United States, corporate taxes are due on the 15th day of the fourth month after the end of the fiscal year. This means that if the fiscal year ends on December 31st, the corporate tax return is due on April 15th. However, if the 15th falls on a weekend or holiday, the due date is extended to the next business day. Corporations can also file for an extension to file their return, but they must still pay the estimated amount of taxes owed by the original due date.
Due Date for Corporate Taxes
The due date for corporate taxes depends on the type of corporation and its fiscal year-end. Here are the key deadlines for common business entities:
- C Corporations: 15th day of the 4th month (April 15th) after the fiscal year-end.
- S Corporations: 15th day of the 3rd month (March 15th) after the fiscal year-end.
For calendar year corporations, which follow the January 1st to December 31st fiscal year, the following dates apply:
| Entity Type | Due Date |
|---|---|
| C Corporation | April 15th |
| S Corporation | March 15th |
Filing Extensions for Corporate Taxes
Corporations may obtain an extension of up to 6 months to file their tax returns. To request an extension, file Form 7004 with the IRS before the regular due date.
Note that filing an extension does not extend the payment deadline for taxes owed.
Corporate Tax Due Date Calendar
The due date for filing corporate taxes depends on the type of corporation and its fiscal year-end.
- C Corporations: File Form 1120 by the 15th day of the 3rd month after the fiscal year-end (March 15th for calendar year-end corporations).
- S Corporations: File Form 1120-S by the 15th day of the 3rd month after the fiscal year-end (March 15th for calendar year-end corporations).
| Fiscal Year-End | C Corporation Due Date | S Corporation Due Date |
|---|---|---|
| December 31 | March 15 | March 15 |
| June 30 | September 15 | September 15 |
Note: If the due date falls on a weekend or holiday, the return is due the next business day.
Due Date for Corporate Taxes
Corporations are required to file their annual tax returns by the 15th day of the 4th month following the close of their fiscal year. For calendar-year corporations, this means April 15th is the deadline.
Estimated Quarterly Payments for Corporations
Corporations are also required to make estimated quarterly tax payments. These payments are due on the 15th day of the 4th, 6th, 9th, and 12th months of the fiscal year.
- April 15th
- June 15th
- September 15th
- December 15th
| Quarter | Due Date |
|---|---|
| 1st | April 15th |
| 2nd | June 15th |
| 3rd | September 15th |
| 4th | December 15th |
Alright folks, that’s about all I have for you today on corporate tax deadlines. I hope this article has helped you get a better understanding of when these important payments are due. Just remember, if you have any further questions, don’t hesitate to reach out to a tax professional. They’ll be able to provide you with personalized advice based on your specific situation. Thanks for reading, and I look forward to chatting with you again soon. Take care and have a great day!