Do you have a set time, or do you do it on the deadline date, or perhaps whenever you remember to?
I am trying to figure out when I should.
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Filing an extension this year. I think that puts my due date in October or something
Also, I’m pretty sure if you claim over $1 billion in income this year I think you automatically pay no taxes. It may now be hard coded into the IRS software within the past week or so. Just add a bunch of zeroes and your safe. Nice to be a billionaire.
Did you just tell a state employee who works under a department of taxation to commit tax fraud.
🤨🤨🤨🤨
Before January 20th of this year would have been a strategically smart move.
If you use the free software do it soon before Edolph Muskler cancels it.
If I’m getting a refund I file in late Feb or early March. If I owe then I file close to Apr 15. Why pay sooner than you need to?
If you’re doing them, any time before the deadline from here is fine.
If you’ve got complex stuff going on and are using a tax service or accountant, I’d say the best window is the back half of February through the first half of March. This misses all the people on the front end who rush to get them done the femtosecond they have all of their documents, and also misses the people on the back end scrambling for the late-season rush.
Depends on how many investment transactions I have and the dollar amount they represent. I didn’t make very many sell trades last year, so not having to wait for 1099’s meant I have already filed mine.
I file them the moment I get my W-2. Why wait? You aren’t paying less if you owe, and you won’t be refunded more
I would do it soon before they gut IRS and have a government shutdown.
I’d like to get started as soon as possible, but a lot of places seem to like to wait until the last possible second to send me my information.
I think we’re finally at the point where I should have everything I need, so I guess I should get started.
As soon as everything has reported (I don’t wait for it to come in the mail). We generally file as early as allowed. We’ve already gotten our Federal refund back. Now state, this one takes AGES, probably won’t see it till April sadly.
Did it a couple weeks ago and already received my refunds.
Ideally, I would balance by tax withholding such that I owe a small amount some tax time. And that payment would then be delayed as late as possible to provide the largest marginal value for that money. But, I’m lazy and instead have gone mostly with the defaults and that results in me getting a refund regularly. So, why let the government hold onto my money any longer than necessary? As soon as I have my documents in hand, I file.I just send my stuff to Jim sometime in February or March, and he takes care of it.
