Key Tax Deadlines in Connecticut for Individuals

When it comes to managing your finances in Connecticut, understanding the key tax deadlines is crucial for individuals. Missing a deadline can lead to penalties and unnecessary stress. Here’s a breakdown of important tax dates you should keep in mind to ensure full compliance with state regulations.

April 15th: This date is critical for individual income tax filers. Connecticut generally adheres to the federal tax deadline, which means that you must file your state income tax return or request an extension by this date. Be sure to pay any outstanding taxes owed to avoid penalties.

October 15th: If you filed for an extension on your tax return, this is when your completed return must be submitted. Remember, an extension to file does not extend the time to pay taxes owed, so ensure you have settled any tax liability by April 15th to avoid interest and penalties.

January 31st: On this date, employers in Connecticut must provide their employees with any necessary tax documents, including W-2 forms. If you receive income as an independent contractor, you should expect 1099 forms from clients by this deadline as well.

April 15th (again): Don’t forget this date for quarterly estimated tax payments if you are self-employed or not subject to withholding. The first installment for the year is due on this date, and subsequent payments are typically due on June 15th, September 15th, and January 15th of the following year.

May 1st: This date marks the deadline for local property taxes in Connecticut. Property owners must be aware of the timeline for payments to avoid penalties or issues with their local tax authority.

November 1st: This is when any remaining property taxes are typically due, especially for towns that operate on a two-part payment system. Ensure you verify the specific dates with your local tax collector.

Understanding and adhering to these tax deadlines is essential for effective financial planning and avoiding unwanted penalties. Always stay informed as these dates can change, and consider reaching out to a tax professional when in doubt about your obligations.