Key Tax Deadlines for Individuals: February 2026

As February 2026 approaches, it's essential to keep track of important tax deadlines for individuals. This guide highlights vital dates for estimated tax payments, tip reporting, and W-4 exemption renewals, helping you stay on top of your tax responsibilities.

February 2: Last Call for Estimated Tax Payments

Missed your estimated tax payment on January 15? Not to worry. You have the option, though not the obligation, to file your 2025 income tax return using Form 1040 or Form 1040-SR by February 2. Filing and paying any taxes owed by January 31 can save you from penalties related to late installment payments. If you cannot meet this deadline, remember, April 15 is your next target date.

February 10: Tip Reporting for Employees

Do you work for tips? Report to your employer if you received tips totaling $20 or more in January. You can complete IRS Form 4070 or use a personal statement. Ensure it includes your signature, social security number, and the period the report covers. Your employer will then handle FICA and income tax withholdings from your wages. If your wages don't fully cover these withholdings, the uncollected amount will be detailed in box 8 of your W-2.

February 17: Updating Your Withholding Exemption

Graduated from a withholding exemption last tax year? You'll need to submit a new Form W-4 to your employer by February 17 to maintain this status for another year. Keep your withholding exemptions current to avoid unexpected tax bills.

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Special Considerations: Weekends, Holidays, and Disasters

  • Weekends & Holidays: Any due date that falls on a weekend or legal holiday is automatically deferred to the next business day that isn't a holiday.
  • Disaster Relief Options: In the wake of a disaster declaration, tax deadlines can be extended. Check FEMA’s declarations or the IRS's tax relief notices for more details.

Managing your tax deadlines efficiently is crucial for avoiding penalties and ensuring compliance. For personalized advice, consider scheduling a consultation with our tax experts today.

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