Trader Tax Deadlines: 2024
Traders, plan ahead for important tax deadlines in 2024. Determine now how you’ll take control of your trader taxes – generating accurate 2023 reporting and maximizing your tax savings in 2024.
TradeLog helps traders prepare ready-to-file Form 8949 and other trader tax reporting. TradeLog will generate IRS-required wash sale adjustments across all brokerage accounts, and between stocks and options.
Running out of time and wish someone could just do it for you? Contact our TradeLog Services about preparing your trader tax reporting.
Wondering when you can generate finalized 2023 tax reports in TradeLog?
We’ll release an important update to the TradeLog application allowing finalized 2023 reporting by January 19. Make sure you have the most current version so you’ll receive an automatic update – click here to learn more.
Until then, you can get started on 2023 reporting by completing steps 1 through 5 of our 8-Step Guide for Using TradeLog Each Year
Did you know recent disasters may qualify you for tax relief? Click here to explore the IRS information to see if you qualify.
January 16, 2024
Pay final installment of 2023 estimated tax.
January 29, 2024
IRS will begin accepting and processing 2023 tax returns.
January 31, 2024
End of wash sale window impacting 2023 trades. If a loss occurred as late as December 31, 2023, a replacement position within 30 days after the loss can trigger a wash sale deferral. Learn how to avoid wash sales.
February 15, 2024
1099-B to be furnished by brokers. Can I use my 1099-B?
March 15, 2024
2023 Filing deadline for S Corp (Form 1120S) and Partnerships (Form 1065); or file Form 7004 for automatic 6-month deadline extension. Learn about how and why to file an extension.
Deadline for electing Section 475f Trader Tax Status for S Corp and Partnership entities.
April 15, 2024
2023 Filing deadline for Individuals (Form 1040), or file Form 4868 for automatic 6-month deadline extension. Learn about how and why to file an extension.
2023 Filing deadline for Estates and Trusts (Form 1041), and Corporations (Form 1120); or file Form 7004 for automatic 6-month deadline extension (5.5 months for Form 1041). Learn about how and why to file an extension.
Deadline for electing Section 475f Trader Tax Status for Individuals.
Pay first installment of 2024 estimated tax.
June 17, 2024
Pay second installment of 2024 estimated tax.
September 16, 2024
Extended 2023 filing deadline for S Corp (Form 1120S) and Partnerships (Form 1065) if a timely 6-month extension was requested.
Pay third installment of 2024 estimated tax.
October 15, 2024
Extended 2023 filing deadline for Individuals (Form 1040) and Corporations (Form 1120) if a timely 6-month extension was requested.
December 1, 2024
Analyze wash sale effects on 2024 taxable results; take action to avoid harmful results before Jan 1. Learn about wash sales and how they affect traders.
January 15, 2025
Pay final installment of 2024 estimated tax.
Learn more about import tax dates from IRS Publication 509
Please note: This information is provided only as a general guide and is not to be taken as official IRS instructions. Cogenta Computing, Inc. does not make investment recommendations nor provide financial, tax or legal advice. You are solely responsible for your investment and tax reporting decisions. Please consult your tax advisor or accountant to discuss your specific situation.