Parents still not done the taxes… 👀

  • IronKrill@lemmy.ca
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    12 hours ago

    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.

      • HeHoXa@lemmy.zip
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        10 hours ago

        Can confirm. Agents just kicked my door in and shot me dead.

        The only thing I really remember being taught was something like, “If you think you’re going to cut it close, file for an extension.”

        It’s just so damn easy now with the internet. I can get my W2 in my company portal, 1099’s from the bank portal, and file my taxes (for a fee) in the browser.

        We’re not fiscally responsible enough to have anything going on that makes it very complicated, so there isn’t much genuine fear to overcome my natural laziness and poor impulse control

  • village604@adultswim.fan
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    2 days ago

    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.

  • finalarbiter@lemmy.dbzer0.com
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    2 days ago

    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.

    • ThatGuy46475@lemmy.world
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      2 days ago

      W2 is usually available by mid January, with the standard deduction being so high that’s all a lot of people need.

        • evidences@lemmy.world
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          2 days ago

          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.

          • finalarbiter@lemmy.dbzer0.com
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            2 days ago

            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.

  • HobbitFoot @thelemmy.club
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    2 days ago

    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.

  • fartographer@lemmy.world
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    2 days ago

    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 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.

      • doingthestuff@lemy.lol
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        2 days ago

        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.

    • EndlessNightmare@reddthat.com
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      2 days ago

      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.

    • Ziggurat@jlai.lu
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      2 days ago

      So not more complicated than in most European nations?

      Here I have a pre filled form, check the numbers and done.

  • EndlessNightmare@reddthat.com
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    2 days ago

    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.