Missing a tax deadline can result in late-filing penalties, late-payment interest, and a delayed refund. The key dates for the 2024 tax year (filed in 2025) are listed below — bookmark this page and mark your calendar.
Federal Tax Deadlines — 2025
PATH Act hold: If you claim the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC), the IRS is legally required to hold your refund until at least February 15. Most refunds in this category arrive in late February.
Minnesota State Tax Deadlines
Minnesota follows the federal filing deadline of April 15 for individual income tax returns. The Minnesota Department of Revenue also accepts extensions — if you file a federal extension, it automatically applies to your Minnesota return as well.
For Minnesota property tax refunds (M1PR), the deadline is typically August 15 of the year following the filing year. If you rent or own a home in Minnesota, you may qualify for a renter's or homeowner's property tax refund.
Estimated Tax Payment Dates — 2025
If you're self-employed, a freelancer, or have income not subject to withholding, you're generally required to make quarterly estimated tax payments. The 2025 dates are:
- April 15, 2025 — Q1 payment (Jan 1 – Mar 31)
- June 16, 2025 — Q2 payment (Apr 1 – May 31)
- September 15, 2025 — Q3 payment (Jun 1 – Aug 31)
- January 15, 2026 — Q4 payment (Sep 1 – Dec 31)
Underpaying estimated taxes can result in an underpayment penalty. We can help you calculate the correct amounts and set up a payment schedule.
What Happens If You Miss the Deadline?
If you fail to file by April 15 (and haven't filed an extension), the IRS charges a failure-to-file penalty of 5% of unpaid taxes per month, up to 25%. If you file on time but don't pay what you owe, there's a separate failure-to-pay penalty of 0.5% per month. Interest also accrues on unpaid balances.
The best way to avoid penalties is to either file and pay on time, or file an extension request by April 15 and pay your best estimate of what you owe.
File Early, Get Your Refund Sooner
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