Parents still not done the taxes… 👀
The paperwork is supposed to be available by the end of January, so not usually before then.
So yeah, I stated a couple hours ago and spent most of that time fighting secure logins for online services I use once a year
I don’t think it’s possible to do taxes in January, most places don’t have documents ready before the end of the month. I had to wait a few extra weeks for the documents from my investment account too, so not everything is always available on Jan 31.
I did mine in February this year. I’ll probably wait and do it later next year, like mid-March, as I ended up missing a document that would have slightly increased my state return (not enough to go through the headache of fixing it).
Last year, I needed an extension, as it was first time doing it myself and my situation was fairly complex.
W2 is usually available by mid January, with the standard deduction being so high that’s all a lot of people need.
I don’t think I’ve ever gotten my W2 before the end of January
It depends a lot on the company, my company usually has them by middle of the month. One year they got them out in the first or second week and I had my taxes done before the first half of January was over.
No I mostly have to wait for my banks to send out 1099ints so I end up doing state and federal taxes in early February now.
That’s great, I’d love to have my docs that early! I think I had to wait til nearly the end of February for some of my 1099s this year.
Got my W2, went to file, website wasn’t ready lmao.
Did mine early March and I’m still waiting for the Feds to give me my money. Where’s my money?!
Mine are simple, I do them as soon as I get a W2. Partner does then midnight day before due.
For me, it depends if I’m getting a refund or not. If I’m getting a refund, usually by mid February after all my paperwork gets in. If I owe money, I’m waiting until April.
I’m still fighting my old company for tax documents that are due in 4 days, and I don’t even live in the US
I’m Canadian (so North American) and I do them first week of April now. When all I had was a minimum wage retail job it was easy enough to get my one or two forms and file really early, but now I have to wait for companies to get me the forms and some of them send them out as late as April 1st.
Right about now is when I start looking for the tax documents I need that are somewhere in the multiple stacks of unopened mail littering my office.
ADHD is fun.
If you’re wanting like my friend was, you’ll keep asking for extensions and missing deadlines until you’re assigned an auditor, at which point you’ll finally submit paperwork covering your two tax documents, and then complain that the IRS is being unreasonable.
Now, she just does things on time.
I do mine as soon as I have all my W-2s. It takes like 10 minutes. I don’t know why there is a trope about them being hard or confusing. They’re not, unless you’re trying to itemize everything.
Its hard cuz my parents run small bussiness and you got all those weird additional forms… Not as simple as just scan and file.
Also theres a thing where you have to file separately with the city.
Yeah. I’m self employed and some of my income comes from a contract with a religious nonprofit. My wife has three jobs and one of them is for a nonprofit. We have complicatons from certain expenses too, even though we don’t itemize we still end up with a number of extra forms to fill out.
We haven’t been in a hurry this year. It’s a pain and our kids are aging out of the tax credits. We usually feed and house four extra humans (three are ours) but only our 16 year old gives us a credit on last year’s taxes. We’re going to get a few hundred back but we just didn’t have urgency to file. We’re pretty much done, I think we’ll submit it tomorrow.
If you only have W-2s it is easy. But there are lots of other things that can make it a mess. If you have a business, do stock trading, use crypto, or itemize (less common now), then it can take a fair bit of time.
So not more complicated than in most European nations?
Here I have a pre filled form, check the numbers and done.
I usually do February or March.
I’m doing mine today.
I remember growing up my parents would procrastinate and then crunch to get them done on 4/15. It seemed like they did this every damn year.
Me? I usually do end of February or maybe the beginning of March. Takes a bit to get all my documentation, so no point in dealing with it much before that.
The issue is you have to wait to get your tax docs in the mail. I got my W-2s (proof of wages/income from employment) sometime in mid-January, and I filed my state and federal taxes 3rd week of January.
However, my municipal taxes require me to receive a paper from them through the mail. I didn’t get it until march. It had errors (as usual), and I’ve just been like, I’m not dealing with that. Last year it was also months late because I didn’t want to deal with them.
Some providers do digital distribution now. I didn’t get any physical documents from my employer or investment account, just PDFs this year.
I just did mine yesterday, so I’m not much better than your parents. In my defense, my partner and I are self employed, and we really didn’t want to pay the government. Although through a lot of very creative but legal bookkeeping and paperwork, we managed to get what we owed in taxes down to $79.
Welp I’ll have to do it for them like… right now… I’m eating breakfast rn and mom’s keep nagging me to like hurry up and do the taxes…
I mean too bad, her house her rules… 🤷♂️ I dealing with depression and am a dependent so I have no choice but to do whatever they ask
