Tax Filing Deadlines

  • February 1, 2024 – Deadline for employers to mail out W-2 Forms to their employees and for businesses to furnish 1099 Forms reporting non-employee compensation, bank interest, dividends, and distributions from a retirement plan
  • March 1, 2024 – Deadline for businesses to mail Forms 1099 and 1096 to the IRS
  • March 15, 2024 – Deadline for corporate tax returns (Forms 1120, 1120-A, and 1120-S) for tax year 2023, or to request an automatic six-month extension of time to file (Form 7004) for corporations that use the calendar year as their tax year, and for filing partnership tax returns (Form 1065) or to request an automatic five-month extension of time to file (Form 7004)
  • March 31, 2024 – Deadline for businesses to e-file Forms 1099 and 1096 to the IRS, except Form 1099-NEC
  • April 15, 2024 – Deadline to file individual tax returns (Form 1040) for the tax year 2023 or to request an automatic extension (Form 4868) for an extra six months to file your return, and for payment of any tax due
  • April 15, 2024 – Deadline for first-quarter estimated tax payments for the 2024 tax year
  • April 30, 2024 – FL Annual Report
  • June 15, 2024 – Deadline for second-quarter estimated tax payments for the 2024 tax year
  • June 15, 2024 – Deadline for U.S. citizens living abroad to file individual tax returns or file Form 4868 for an automatic four-month extension
  • September 15, 2024 – Final deadline to file corporate tax returns for tax year 2024, if an extension was requested (Forms 1120, 1120-A, 1120-S)
  • September 15, 2024 – Deadline for third-quarter estimated tax payments for the 2024 tax year
  • October 15, 2024 – Final extended deadline to file individual tax returns for the year 2023 (Form 1040)

Important Tax Information

Standard Deduction in 2024

Married couples filing jointly for tax year 2024 rises to $29,200.

Single taxpayers and married individuals filing separately, the standard deduction rises to $14,600.

Heads of households, the standard deduction will be $21,900 for tax year 2024.

Federal Income Tax Brackets for 2024

Tax rateTaxable income bracketTax owed
10%$0 to $11,60010% of taxable income
12%$11,601 to $47,150$995 plus 12% of the amount over $9,950
22%$47,151 to $100,525$6,220 plus 22% of the amount over $54,200
24%$100,526 to $191,950$13,293 plus 24% of the amount over $86,350
32%$191,951 to $243,725$32,145 plus 32% of the amount over $164,900
35%$243,726 to $609,350$46,385 plus 35% of the amount over $209,400
37%$609,351 or more$156,355 plus 37% of the amount over $523,600
Tax rateTaxable income bracketTax owed
10%$0 to $23,20010% of taxable income
12%$23,201 to $94,300$1,990 plus 12% of the amount over $19,900
22%$94,301 to $201,050$9,328 plus 22% of the amount over $81,050
24%$201,051 to $383,900$29,502 plus 24% of the amount over $172,750
32%$383,901 to $487,450$67,206 plus 32% of the amount over $329,850
35%$487,451 to $731,200$95,686 plus 35% of the amount over $418,850
37%$731,201 or more$168,993.50 plus 37% of the amount over $628,300
Tax rateTaxable income bracketTax owed
10%$0 to $11,60010% of taxable income
12%$11,601 to $47,150$995 plus 12% of the amount over $9,950
22%$47,151 to $100,525$4,664 plus 22% of the amount over $40,525
24%$100,526 to $191,950$14,751 plus 24% of the amount over $86,375
32%$191,951 to $243,725$33,603 plus 32% of the amount over $164,925
35%$243,726 to $365,600$47,843 plus 35% of the amount over $209,425
37%$365,601 or more$84,496.75 plus 37% of the amount over $314,150
Tax rateTaxable income bracketTax owed
10%$0 to $16,55010% of taxable income
12%$16,551 to $63,100$1,420 plus 12% of the amount over $14,200
22%$63,101 to $100,500$6,220 plus 22% of the amount over $54,200
24%$100,501 to $191,950$13,293 plus 24% of the amount over $86,350
32%$191,951 to $243,700$32,145 plus 32% of the amount over $164,900
35%$243,701 to $609,350$46,385 plus 35% of the amount over $209,400
37%$609,351 or more$156,355 plus 37% of the amount over $523,600