As mentioned Friday, we are almost to the regular filing tax day which has been pushed back due to our current situation…
This is your gentle reminder!
Tax Day and Items Due
Two days from now, Wednesday July 15, 2020 most regular scheduled tax items are due –
- Individual 1040
- Form 1041
- Most Trust Accounts
- Q 1 2020 ES Estimated Taxes
- Q 2 2020 ES Estimated Taxes
- Non Extended SEP Filings – If you extend your return – October 15, 2020
- IRA Contributions for 2019
- Roth IRA Contributions for 2019
- HSA for 2019
Note the last three items especially … this is your last chance … so be sure to double check…
If you punt and extend, remember to pay an estimated due amount or penalties may apply – and note only the SEP above will allow later contributions – NOT IRA !
Didn’t see you filing item or form?
Here is an excellent FAQ from the IRS!
No need to get too fancy … mail or pay today is fine – waiting until the VERY last minute can sometimes create problems.
Have a Great “Tax Reminder” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth