What is the end of year calendar year date?

• A. December 31
• B. January 1
• C. June 30
• D. December 25

Answer: (A)

The end of the calendar year is December 31 because a calendar year runs from January 1 to December 31, with December 31 being the last day of that year. January 1 is the start of the new year, not the end. June 30 is sometimes used as a year-end for fiscal years, which are different from calendar years, and December 25 is a holiday, not a year-end date. In tax contexts, December 31 is the date that marks the close of the year for reporting purposes.