2016 Tax Preparation Deadlines

Although most filing deadlines for 2016 individual and business tax returns to be filed during the 2017 calendar year remain the same, there are several important changes. One such change is the due date for individual tax returns which has been moved to Tuesday, April 18, 2017. The regular April 15th deadline falls on a Saturday and the following Monday is Emancipation Day, pushing the deadline to Tuesday. This change does not affect the due date for filing an amended return which is still April 15, 2020.  In addition to this change, there are several more permanent deadline changes for the filling of business tax returns. The due date for partnership (calendar year) returns has been moved back to March 15th while that for C corporations has been forward to April 15th.

The following is a summary of 2017 filing deadlines for both individual and business tax returns:

Filing Deadlines for 2016 Individual Tax Returns

·         April 18, 2017: Regular tax deadline for personal tax returns

·         October 16, 2017: Extension deadline for personal tax returns

Filing Deadlines for 2016 Business Tax Returns

Partnerships

·         March 15, 2017: Filing deadline for partnership tax returns (calendar year)

·         September 15, 2017: Extension deadline for partnership tax returns (calendar year)

** Fiscal year partnership tax returns are due on the 15th day of the third month following the end of the company’s fiscal year with extensions due six months from that date.

S Corporations

·         March 15, 2017: Filing deadline for S corporation tax returns (calendar year)

·         September 15, 2017: Extension deadline for S corporation tax returns (calendar year)

C Corporations

·         April 15, 2017: Filing deadline for C corporation tax returns (calendar year)

·         September 15, 2017: Extension deadline for C corporation tax returns (calendar year); filing deadline for C corporation tax returns (June 30th fiscal year)

·         April 15, 2018: Extension deadline for C corporation tax returns (June 30th fiscal year)

·         ** Tax returns for C corporations with a fiscal year ending on any date other than June 30th or December 31stare due on the 15th day of the fourth month following the end of the company’s fiscal year with extensions due six months from that date.

Tax Exempt Organizations

·         May 15, 2017: Filing deadline for tax exempt organization returns

·         November 15, 2017: Extension deadline for tax exempt organization returns

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