Tax Calendar

New IRA, retirement plan, and HSA contribution and income limits went into effect for 2021 tax year, as listed above.

Estimated tax payments due for fourth quarter of 2020

• Individual tax returns (or extension request forms) due for 2020 tax year.
• Estimated tax payments due for first quarter of 2021.
• Last day to contribute to IRA for 2020 tax year (2020 contribution limits: $6,000 under age 50; $7,000 for age 50 and above).
• Last day to contribute to HSA for 2020 tax year (2020 contribution limits: $3,550 for single coverage, contributor under age 55; $4,550 for single coverage, contributor age 55 and above; $7,100 for family coverage, contributor under age 55; $8,100 for family coverage, contributor age 55 and above).

Estimated tax payments due for second quarter of 2021.

Estimated tax payments due for third quarter of 2021.

Individual tax returns due for taxpayers who received a six-month extension on their
2020 returns.

• Retirees age 72 and older must take required minimum distributions from traditional IRAs and 401(k)s; those RMDs are based on their balances at the end of 2020.
• Last date to make contributions to company retirement plans (401(k), 403(b), 457) for 2021 tax year.