If you thought tax season ended in April, think again. The next major IRS tax deadline is July 15, 2025, and it impacts millions of Americans — especially self-employed individuals, small businesses, and taxpayers making estimated payments.
Missing this deadline could mean penalties, interest, or a surprise bill from the IRS. Here’s what you need to know to stay on track.
Who Must File by July 15?
The July 15 deadline applies to a few key groups:
1. Quarterly Estimated Taxpayers
If you’re self-employed, a freelancer, or a small business owner, you’re likely required to make estimated tax payments four times per year. July 15 marks the second quarterly deadline for the 2025 tax year.
2. Taxpayers Living Abroad
U.S. citizens and resident aliens living outside the U.S. and Puerto Rico typically get an automatic two-month extension to file — which lands on July 15, 2025 this year.
3. Certain Late Filers
If you requested a short extension or have specific IRS-approved circumstances, your final deadline to file your 2024 return may fall on July 15.
4. Corporations with Fiscal Year Ends
Corporations that operate on a fiscal year ending in March often have a tax filing deadline of July 15.
What Forms Are Due?
Here’s what needs to be filed by July 15, depending on your situation:
| Form | Who It’s For | Purpose |
|---|---|---|
| Form 1040-ES | Self-employed individuals or gig workers | Second estimated tax payment |
| Form 1120 | C corporations with a fiscal year ending in March | Corporate income tax return |
| Form 4868 | Individual filers needing more time | Request for filing extension |
| Form 2555 | U.S. citizens abroad | Foreign earned income exclusion |
How to File or Pay on Time
To avoid penalties, follow these steps before July 15:
- Use IRS Direct Pay for tax payments: irs.gov/payments
- File online through IRS Free File or trusted tax software
- Send estimated payments with Form 1040-ES, available through the IRS website
- Track your submissions and save confirmation numbers or payment receipts
What Happens If You Miss the July 15 Deadline?
If you’re required to file or pay by July 15 and miss it, you could face:
- Late payment penalties of 0.5% per month
- Late filing penalties if you don’t submit a return or extension
- Interest charges on unpaid taxes
These penalties increase over time, so acting quickly is critical.
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