4 Financial Dates and Deadlines in April 2021

by akoloy

Photo by NicoElNino / Shutterstock.com

Life strikes rapidly. It’s straightforward to get distracted. But that may be pricey.

Miss an essential monetary date or deadline, and you would be on the hook for a penalty or lose out on a limited-time alternative to economize.

Enter our “Money Calendar” sequence.

In this version, we’ve rounded up the noteworthy cash dates in April 2021. Take a glance and mark your calendar with any dates that apply to you.

April 15 — Deadline for estimated tax funds

The IRS not too long ago bumped Tax Day from April 15 to May 17, however that change doesn’t have an effect on estimated tax funds.

So, April 15 stays the deadline for the primary quarterly installment of estimated taxes for the 2021 tax 12 months. It applies to the self-employed, who use IRS Form 1040-ES to pay this tax.

April 15 — 3 different tax deadlines (presumably)

Normally, Tax Day coincides with a number of different deadlines. They embody the deadline for:

  1. Contributing to a person retirement account, or IRA
  2. Contributing to a well being financial savings account, or HSA
  3. Withdrawing extra contributions to an IRA

As of March 29, nevertheless, the IRS had but to specify whether or not it is going to prolong these deadlines to May 17, too.

The federal company’s announcement concerning the postponement of Tax Day didn’t point out these deadlines, and the company has not up to date its “Filing and Payment Deadlines Questions and Answers” webpage since final 12 months.

So, in case these three deadlines are usually not prolonged, you’ll be smart to imagine that they continue to be April 15.

Disclosure: The data you learn right here is at all times goal. However, we typically obtain compensation whenever you click on hyperlinks inside our tales.

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