American Board Members - Tax Filing

[debodun]

It used to be that financial institutions and employers had to have the 1099s and W2s out by January 31st. Now the deadline is February 15th. I wonder why it was changed? If they push it up any further, it won't give much time to file. I have all but one statement I need which I probably won't get until next week.

Do you have all your statements yet?

 

[Aunt Bea]

I still need a schedule K from one investment and they have until March 15th to mail it.

 

[debodun]

I still need a schedule K from one investment and they have until March 15th to mail it.

Oh, it's March 15th now!!!!! The IRS better think about moving the tax filing deadline to May 15th!

 

[C'est Moi]

I agree; I don't know why they pushed back that deadline. All the while telling the public to "file early!!!" Um, ok. We are still waiting on investment statements, too.

 

[Aunt Bea]

Oh, it's March 15th now!!!!! The IRS better think about moving the tax filing deadline to May 15th!

Different deadlines for different documents.

 

[Don M.]

I had all my forms by about Jan 25th, and E-filed, using H&R Block on my computer, on Jan 29th. I just looked and my Federal refund was mailed yesterday, and should be here within the next day or two. This State doesn't allow E-file, so the State refund will probably appear around the 3rd or 4th week of Feb. I've used H&R software for several years, and so long as I enter all the data correctly, it's an easy deal...and far less costly than going to some tax preparer.

 

[C'est Moi]

What is this "refund" of which you speak???

 

[ProsperosDaughter]

I have all my forms as of today. I will do my taxes this weekend with H&R Block software and will file online.

 

[KingsX]

.

Because I am debt free I am able to live on a low income that I intentionally keep under the IRS tax threshold so I don't have to file.

 

[terry123]

Got my last 1099 yesterday. Ready to file!!

 

[retiredtraveler]

It used to be that financial institutions and employers had to have the 1099s and W2s out by January 31st. Now the deadline is February 15th. I wonder why it was changed?

I thought the issue was solely because of the recent tax reforms and that there were some issues still not resolved.

 

[ProsperosDaughter]

I thought the issue was solely because of the recent tax reforms and that there were some issues still not resolved.

I thought the tax reform affected filing in 2019 for this years 2018.

 

[Bullie76]

I never even look at it until mid March. Last time I filed early, I got a corrected 1099 from someone which required an amended return on my part. Don't get much back if anything so I just sit tight.

 

[Iodine]

If you find that you need more time, it's easy to file an extension.

 

[911]

Oh, it's March 15th now!!!!! The IRS better think about moving the tax filing deadline to May 15th!

May 15th is the deadline for filing 990's if you are a 501 (c)(3) corporation, which I am a treasurer. Imagine a company trusting me with their money. (I do respect their trust.)

 

[HipGnosis]

I'm still waiting on 2 (maybe 3?) statements / forms.