IMPORTANT TAX DEADLINES AND CONTRIBUTION LIMITS FOR 2019

Tax Deadlines For Business Owners

1099 Forms due January 31, 2019

W-2 Forms due January 31, 2019

S-Corporation Tax Returns (Form 1120S) due March 15, 2019

Partnership Tax Returns (Form 1065) due March 15, 2019

Corporation Tax Returns (Form 1120) due April 15, 2019

Profit Sharing/Simple IRA and SEP IRA Contributions due March 15, 2019

S-Corporation Tax Returns (Form 1120S) with extension due September 16, 2019

Partnership Tax Returns (Form 1065) with extension due September 16, 2019

Corporation Tax Returns (Form 1120) with extension due October 15, 2019

Profit Sharing/Simple IRA and SEP IRA Contributions with extension due September 16, 2019

Tax Deadlines For Individuals

Individual Income Tax Return due April 15, 2019

Individual Income Tax Return with extension due October 15, 2019

Traditional IRA Contributions due April 15, 2019 – no extension is allowed

Roth IRA Contributions due April 15, 2019 – no extension is allowed

SEP IRA Contributions due April 15, 2019

SEP IRA Contributions with extension due October 15, 2019

Health Savings Account Contributions due April 15, 2019 – no extension is allowed

1st Quarter Estimated Tax payment for 2020 due April 15, 2019

2nd Quarter Estimated Tax payment for 2020 due June 17, 2019

3rd Quarter Estimated Tax payment for 2020 due September 16, 2019

4th Quarter Estimated Tax payment for 2020 due January 15, 2020

Contribution Limits

Traditional and Roth IRA if you are under age 50 – $5,500 for 2018 and $6,000 for 2019

Traditional and Roth IRA if you are over age 50 – $6,500 for 2018 and $7,000 for 2019

*Note – Income limitations apply

SEP IRA – $55,000 for 2018 and $56,000 for 2019

*Note – limited to 25% of self-employed income

Health Savings Account – $3,450 for self-only coverage plus additional $1,000 if you are over age 55 for 2018 and $3,500 for 2019 plus additional $1,000 if you are over age 55

Health Savings Account – $6,900 for family coverage plus additional $1,000 if you are over age 55 for 2018 and $7,000 for 2019 plus additional $1,000 if you are over age 55

For a complete list of monthly tax due dates, visit our tax center. Our team of experts can stay on top of the due dates for you, so you never miss a filing date. Give us a call to set up your consultation: 407-680-9088.