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New Member
posted Jun 23, 2025 11:45:36 AM

I filed my S Corp taxes on 04/11 but received a $245 fine and letter from the IRS saying my taxes were filed late. Is this a mistake or am I missing somthing?

0 3 1962
3 Replies
Level 12
Jun 23, 2025 11:51:28 AM

Is this a mistake or am I missing something?

 

You missed something. 2024 calendar year S corporation returns were due March 17th this year.

 

See https://www.irs.gov/instructions/i1120s#en_US_2024_publink11515kd0e416

Level 15
Jun 23, 2025 12:43:52 PM

S-corp and Partnership returns are always due on March 15 instead of April 15, unless you get an extension. I believe the extension is requested on form 7004.

https://www.irs.gov/forms-pubs/about-form-7004

Level 12
Jun 23, 2025 12:50:34 PM


@Opus 17 wrote:

S-corp and Partnership returns are always due on March 15 instead of April 15.....


For calendar year entities, right. Otherwise, by the 15th day of the 3rd month following the end of the entity's tax year (so not always due on March 15th).