top of page

2022 Important Tax Due Dates and Deadlines

Updated: Feb 19, 2022

The Internal Revenue Service (IRS) Data Book is published annually by the IRS and contains statistical tables and organizational information on a fiscal year basis. The report provides data on collecting the revenue, issuing refunds, enforcing the law, assisting the taxpayer, and the budget and workforce.

  • During Fiscal Year 2020, the IRS collected close $3.5 trillion, processed more than 240 million tax returns and other forms, and issued more than $736 billion in tax refunds (including $268 billion in Economic Impact Payments).


The 2020 and 2021 federal income tax calendars were really messed up by the COVID-19 pandemic. The IRS extended various tax filing due dates and payment deadlines during both years to give taxpayers more time to take care of their tax obligations.

So far, the IRS is sticking with the "normal" tax due dates for 2022, but still taxpayers who don’t meet their tax obligations may owe a penalty.

The IRS charges a penalty for various reasons, including if you don't:

  • File your tax return on time

  • Pay any tax you owe on time and in the right way

  • Prepare an accurate return

  • Provide accurate information returns

The IRS may charge interest on a penalty if you don’t pay it in full.

Voyage Tax Consulting LLC team will help you meet all of the following Due Dates and Deadlines:

  • On the 10'th of every month any employee who receive tips from customers should report the amount to the employer so it will be included in the taxable income.

  • Multiple Partners LLC 1065 & S-Corp LLC 1120s must file by the 15th day of the third month following the date the tax year ended, however, the individual and LLC members/partner/owner complete a Schedule K-1 to report their share of the business’s profits and losses and then file this form with their personal tax returns (the IRS Form 1040).

  • Single Member LLC/ Sole proprietorship Must file schedule C as part of 1040 at or before the tax season due date April 18th, 2022.


Date Deadline

January 3 Self-Employed Individuals Pay Half of Deferred 2020 Social Security Taxes


January 18 Estimated Tax Payment for 4th Quarter of 2021


January 18 Farmers and Fishermen Pay Estimated Tax for 2021


January 24 IRS Begins Accepting and Processing 2021 Tax Returns


January 31 File 2021 Tax Return (Form 1040) to Avoid Penalty if Last Installment of Estimated Tax Not Paid by January 18 + W-2 (to employee) + 1099 NEC + 1099MISC


February 15 File Form W-4 to Reclaim Exemption from Withholding for 2022


March 1 Farmers and Fishermen File 2021 Tax Return to Avoid Penalty if estimated Tax Not Paid by January 18





April 2022 Tax Due Dates

Date Deadline

April 1 First Required Minimum Distribution (RMD) by Individuals Who Turned 72 in 2021


April 18 File 2021 Tax Return and Pay Tax Due (except for residents of Maine and Massachusetts due to the observed day for Patriots’ Day on April 18)


April 18 Request 6-Month Income Tax Return Filing Extension


April 18 File Schedule H (1040) and Pay Employment Taxes for Household Employees (file separately if Form 1040 is not filed)


April 18 Estimated Tax Payment for 1st Quarter of 2022 (Form 1040-ES)


April 18 Contribute to Individual Retirement Account (IRA) for 2021


April 18 Withdraw Excess IRA Contributions in 2021 to Avoid Penalty if Filing of Form 1040 Was Not Extended


April 18 Contribute to Health Savings Account (HSA) for 2021


April 18 Contribute to Solo 401(k) Plan or Simplified Employee Pension (SEP) Plan for 2021 by Self-Employed if Filing of Form 1040 Was Not Extended


April 19 File 2021 Tax Return (Form 1040) and Pay Tax Due for residents of Maine and Massachusetts


June 15 Estimated Tax Payment for 2nd Quarter of 2022 (Form 1040-ES)


June 15 U.S. Taxpayers Living and Working Abroad File 2021 Tax Return (Form 1040)


June 15 U.S. Taxpayers Living and Working Abroad File Form 4868 to Request 4-Month Income Tax Return Filing Extension (payment of tax not extended)


June 15 Military Personnel on Duty Outside the U.S. File 2021 Tax Return (Form 1040)


June 15 Military Personnel on Duty Outside the U.S. File Form 4868 to Request 4-Month Income Tax Return Filing Extension (payment of tax not extended)


Sep 15 Estimated Tax Payment for 3rd Quarter of 2022 (Form 1040-ES)


Oct 17 File Extended 2021 Tax Return (Form 1040) and Pay Tax Due


Oct 17 Withdraw Excess IRA Contributions in 2021 to Avoid Penalty if Filing of Form 1040 Was Extended


Oct 17 Contribute to Solo 401(k) Plan or Simplified Employee Pension (SEP) Plan for 2021 by Self-Employed if Filing of Form 1040 Was Extended


Dec 31 Contribution to Employer-Sponsored Retirement Plan for 2022 (401(k), 403(b), 457 or federal thrift savings plans)


Dec 31 Required Minimum Distribution (RMD) by Individuals Who are 73 or Older at the End of 2022



Invest your valuable time and efforts on navigating your career or business toward growth & success by allowing our team @ Voyage Tax Consulting LLC to carry the burden of your taxes and accounting compliance




Comments


bottom of page