Tax Return Deadlines for Year End December, 31, 2025
March 15
Partnership and Corporate returns are due or need to be extended.
April 15
Individual returns are due or need to be extended.
September 15
Partnership and Corporate tax returns that were extended are due.
October 15
Individual returns that were extended are due.
Retirement Contributions
| Tax Year | 2024 | 2025 | |
| Age < 50 | $7,000 | $7,000 | |
| Age > 50 | $8,000 | $8,000 |
*Maximum amount can be limited due to income and if taxpayer(s) already contribute to a retirement plan.
Maximum elective deferral
| Age | 2024 | 2025 | |
| < 50 | $16,000 | $16,000 | |
| > 50 | $19,500 | $19,500 |
Maximum elective deferral
| Age | 2024 | 2025 | |
| < 50 | $23,000 | $23,500 | |
| > 50 | $30,500 | $31,000 |
Health Savings Accounts (HSA)
| Tax Year | 2024 | 2025 | |
| Contribution Limit | $4,150 | $4,300 | |
| Plan Min. Deductible | $1,600 | $1,650 | |
| Plan Out Pocket Limit | $8,050 | $8,300 |
*Age 55 or older can contribute an additional $1,000 to HSA.
| Tax Year | 2024 | 2025 | ||
| Contribution Limit | 8,300 | $8,550 | ||
| Plan Min. Deductible | $3,200 | $3,300 | ||
| Plan Out Pocket Limit | $16,100 | $16,600 |
*Age 55 or older can contribute an additional $1,000 to HSA.
Mileage Rates
| Purpose | 2024 | 2025 | ||
| Business | 67 cents/mile | 70 cents/mile | ||
| Charity | 14 cents/mile | 14 cents/mile | ||
| Medical | 21 cents/mile | 21 cents/mile | ||
| Moving | – | – |
Individual Estimated Taxes
Individuals can base federal estimated tax payments on:
- 90% of current tax,
- 100% of prior year’s tax, or
- 110% of prior year’s tax if prior year’s AGI is >$150,000 (>$75,000 Married Filing Separately
- Annualization exception
- No penalty if tax less withholding < $1,000 or no tax liability in preceding tax year.
| Payment Schedule | 2024 | 2025 |
| 1st Payment | 4/15/2024 | 4/15/2025 |
| 2nd Payment | 6/15/2024 | 6/15/2025 |
| 3rd Payment | 9/15/2024 | 9/15/2025 |
| 4th Payment | 1/16/2025 | 1/15/2026 |
2025 Tax Brackets and Tax Rates (for filing in 2026)
| If taxable income is over: | but not over: | the tax is: |
| $0 | $11,925 | 10% of the amount over $0 |
| $11,925 | $48,475 | $1,192.50 plus 12% of the amount over $11,925 |
| $48,475 | $103,350 | $5,578.50 plus 22% of the amount over $48,475 |
| $103,350 | $197,300 | $17,651 plus 24% of the amount over $103,350 |
| $197,300 | $250,525 | $40,199 plus 32% of the amount over $197,300 |
| $250,525 | $626,350 | $57,237 plus 35% of the amount over $250,525 |
| $626,350 | no limit | $188,769.75 plus 37% of the amount over $626,350 |
| If taxable income is over: | but not over: | the tax is: |
| $0 | $23,850 | 10% of the amount over $0 |
| $23,850 | $96,950 | $2,385 plus 12% of the amount over $23,850 |
| $96,950 | $206,700 | $11,157 plus 22% of the amount over $96,950 |
| $206,700 | $394,600 | $35,302 plus 24% of the amount over $206,700 |
| $394,600 | $501,050 | $80,398 plus 32% of the amount over $394,600 |
| $501,050 | $751,600 | $114,462 plus 35% of the amount over $501,050 |
| $751,600 | no limit | $202,154.50 plus 37 % of the amount over $751,600 |
| If taxable income is over: | but not over: | the tax is: |
| $0 | $11,925 | 10% of the amount over $0 |
| $11,925 | $48,475 | $1,192.50 plus 12% of the amount over $11,925 |
| $48,475 | $103,350 | $5,578.50 plus 22% of the amount over $48,475 |
| $103,350 | $197,300 | $17,651 plus 24% of the amount over $103,350 |
| $197,300 | $250,525 | $40,199 plus 32% of the amount over $197,300 |
| $250,525 | $375,800 | $57,231 plus 35% of the amount over $250,525 |
| $375,800 | no limit | $101,077.25 plus 37% of the amount over $375,800 |
| If taxable income is over: | but not over: | the tax is: |
| $0 | $17,000 | 10% of the amount over $0 |
| $17,000 | $64,850 | $1,700 plus 12% of the amount over $17,000 |
| $64,850 | $103,350 | $7,442 plus 22% of the amount over $64,850 |
| $103,350 | $197,300 | $15,912 plus 24% of the amount over $103,350 |
| $197,300 | $250,500 | $38,460 plus 32% of the amount over $197,300 |
| $250,500 | $626,350 | $55,484 plus 35% of the amount over $250,500 |
| $626,350 | no limit | $187,031.50 plus 37% of the amount over $626,350 |