The short-term highway funding extension that passed during 2015 has modified the due dates for several common tax returns for Tax Year 2016 (Filing due date in 2017).  The due date changes with the most impact will be those changes for partnership tax returns (Form 1065) and C Corporation tax returns.  Essentially those due dates have swapped.  The significant reorganization of due dates is intended to assist individuals involved in pass-through entities in receiving information and K-1’s required to prepare their individual returns in a more timely fashion.
For tax returns reporting 2016 information that are due in 2017, the following due date changes will apply.  These changes are effective for tax years beginning after December 31, 2015 for calendar year filers (tax year 2016 and beyond):

RETURN TYPE DATES UNDER PRIOR LAWDATES UNDER NEW LAW
(dates changed by law in bold)
Partnerships & LLC's -
Form 1065
Original Due Date
Extended Due Date
April 15th
September 15th
March 15th
September 15th
S Corporations -
Form 1120S
Original Due Date
Extended Due Date
March 15th
September 15th
March 15th
September 15th
Trusts and Estates -
Form 1041
Original Due Date
Extended Due Date
April 15th
September 15th
April 15th
September 30th
C Corporations -
Form 1120
Original Due Date

March 15th

April 15th**
Extended Due DateSeptember 15thSeptember 15th
C Corporations -
Fiscal Year End
(other than Dec. 31 or June 30)
Original Due Date


15th day of 3rd month
after year-end
15th day of 4th month
after year-end
Extended Due Date15th day of 9th month
after year-end
15th day of 10th month
after year-end
C Corporations -
June 30 Fiscal Year End
Original Due Date

September 15th
September 15th
Extended Due DateMarch 15thApril 15th
Individuals -
Form 1040
Original Due Date
Extended Due Date
April 15th
October 15th
April 15th
October 15th
Exempt Organizations -
Form 990
Original Due Date
First Extension
Second Extension
May 15th
August 15th
November 15th
May 15th
November 15th
-
Employee Benefit Plans -
Form 5500
Original Due Date
Extended Due Date
July 31st
October 15th
July 31st
October 15th
Foreign Trusts with a U.S. Owner
Form 3520-A
Original Due Date
Extended Due Date
March 15th
September 15th
March 15th
September 15th
FinCEN Report 114Original Due Date
Extended Due Date
June 30th
N/A
April 15th
October 15th
Information Returns -
(i.e. W-2 and 1099s)
Original Due Date
Extended Due Date
To IRS/SSA - February
28th and March 31st if
filed electronically
To IRS/SSA - Forms W-2 and
Certain 1099-MISC due on
January 31st
All other Forms 1099 due
February 28th; March 31st if filed
electronically

**Oregon Tax Return, per Statute is due the 15th day of the month following the Federal due date

 

Changes in the filing deadlines for Personal Property Tax returns in Oregon:
Each individual, partnership, firm or corporation that has personal property must file a personal property return by March 15th.  Starting in 2016, there is no longer a provision for extensions.

Please call our office at 541-342-5161 for more information or questions about the filing date changes.