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February 2026 Tax Deadlines for Individuals

As February 2026 rolls in, we want to ensure you're prepared for the upcoming tax deadlines. This guide breaks down essential dates, estimated taxes, tip reporting protocols, and W-4 exemption renewals.

February 2: Estimated Tax Payment Alternatives

Did you miss paying your last estimated tax installment by January 15? Don’t worry. You can still file your 2025 income tax return (using Form 1040 or 1040-SR) by February 2. By doing so and settling any owed taxes by January 31, you can avoid penalties for the late installment. If meeting this deadline isn't feasible, plan to file and pay by April 15 to remain compliant.

February 10: Reporting Tips for Employees

If you earned $20 or more in January tips, it’s time to report them to your employer. Use IRS Form 4070 or a personally crafted statement that records your signature, name, address, Social Security number, and your employer’s details. Ensure the record specifies the period and total received tips.

Your employer will need to withhold FICA taxes and any income tax from your regular wages. Should your paycheck not fully cover these withholdings, the employer will document the shortfall in Box 8 of your W-2. You are responsible for addressing any unpaid withholding when filing your tax return.

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February 17: Withholding Exemption Renewals

For those who claimed an income tax withholding exemption on Form W-4 last year, remember to submit a new form to your employer by this date to prolong your exemption into the new year.

Other Important Considerations

Weekend and Holiday Rule

If a due date lands on a weekend or legal holiday, the deadline automatically shifts to the next business day that isn't a holiday.

Relief for Disaster-Stricken Areas

Should your area be declared a disaster zone, filing extensions may be applicable. Stay informed on specific designations and extended deadlines via these resources:

We’re here to help navigate these nuances. To ensure you're maximizing your credits while minimizing liabilities, schedule a consultation with us today.

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