Sunrise view from our bedroom.
Yesterday I went to the post office to mail a package to my son. I waited in line between two people who were sending certified letters. I figured out they were sending their tax returns! On January 11.
What the heck? Who are these people? How can they have their taxes done already? I was mailing pillow cases to go with the sheets I gave my son (I forgot the pillow cases at home) and these other people are done with their taxes?
We don’t have a W-2 yet. I guess I can start organizing what I need. I may get started earlier this year. I usually get them to the CPA in March. I’ll shoot for February this year.
Are you an early tax filer? Or do you wait until the end?
You can send your tax returns if you are not waiting for anything (W-2’s, 1099’s). Maybe they were retired with no income. Maybe they were welfare freaks with no taxable returns. Who knows. Maybe they were corrected returns for 2022. There could be a zillion answers to this question. The better question is, why do so many people wait until April 15th to file and stand in a line two blocks long at the post office?
The man in front of me told the postal worker he was trying to make their lives easier by filing earlier than April 15.
My husband asks our son to file our tax returns. Our returns are due to be filled on 31st August.
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We do our taxes earlyish…we’re usually done by early March at the latest
That’s good. I’ll shoot for that this year.
I get our stuff in to the accountant sometime in March, but he usually files an extension, so we don’t have to pay until Oct. This past year, I got a nice refund. Who’d a thunk…
A refund is good! I usually get things to the accountant in March, too. I’m going to try to be earlier this year.
We haven’t had a refund in years…if I’d known that was coming, I would have not waited until Oct. As a self employed carpenter, my income can fluctuate a lot (A LOT!!!) Has taught us to manage our money based upon a 3 year average..Financial stress was intense until finally started doing that.
That sounds like a smart practice. We have a friend who is a contractor and he goes through the same ups and down.
I don’t even get all my paperwork until the end of January. Those people are expecting a refund.
We used to have investments that mailed us K-1s. They wouldn’t come in until late March!
We begin collecting all the necessary investment paperwork in January and hope to have it to the accountant by sometime in February or early March.
That’s a good plan. I’ll start next week!
Everyone else is being nice and kind . . . let’s cut to the chase, EA, those customers in front of you were cra-cra-crazy people. I’m kidding, but yes, I’ve never gotten my taxes done that early. I’ll be ecstatic if we hit mid-March, happy if it’s late March, and will have a “yea, that’s what I expected” look if it’s early April. Fun times.
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We are early, but never been that early!!
It was motivating to me to get started now!
Is it that time already? Ugg! Time to get organized! I’m going to try and get mine together early too! Thanks for the motivation! Hugs, C
Today would have been a good day to start but I chose not to! Maybe tomorrow?
I try to put things in a folder once we get them and take it all to our tax guy when we have everything. Usually file mid March.
That’s what I do, but I comb through our bank statements looking for business expenses too.