"Essential Tax Deadlines for LLCs in 2024"

The article outlines key tax deadlines for LLCs, detailing filing requirements such as Forms 1099, 1065, K-1, and estimated tax payments to ensure compliance throughout the year.


Deadline Type of Filing Applicable LLC Type Details
January 31 Form 1099-MISC/1099-NEC Filing LLCs with Contractors
LLCs that hire independent contractors must file Form 1099-MISC or 1099-NEC to report payments made to contractors during the previous year.
March 15 Form 1065 Partnership Return Multi-Member LLCs
LLCs classified as partnerships must file Form 1065 to report income, deductions, and other financial information.
March 15 K-1 Distribution Multi-Member LLCs
Each member of a multi-member LLC must receive a Schedule K-1 (from Form 1065) by this date, detailing their share of income and deductions.
April 15 Individual Tax Return Filing Single-Member LLCs and Multi-Member LLCs
Single-member LLCs and LLC members reporting income on their personal tax returns must file Form 1040 and report income from Schedule C or Schedule K-1.
April 15 Quarterly Estimated Tax Payments (Q1) All LLCs
LLC owners who owe estimated taxes must make their first quarterly payment for the year on this date.
June 15 Quarterly Estimated Tax Payments (Q2) All LLCs
Second quarterly estimated tax payment for LLC owners who owe taxes.
September 15 Quarterly Estimated Tax Payments (Q3) All LLCs
Third quarterly estimated tax payment for LLC owners who owe taxes.
October 15 Extended Tax Return Filing LLCs with Extensions
If an LLC filed for an extension, tax returns are due by this date.
January 15 (Next Year) Quarterly Estimated Tax Payments (Q4) All LLCs
Final quarterly estimated tax payment for LLC owners who owe taxes for the previous year.


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