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re: I filed throught Turbo tax yesterday. Will filing early
Posted on 1/23/13 at 11:23 pm to TigersRuleTheEarth
Posted on 1/23/13 at 11:23 pm to TigersRuleTheEarth
I think it's a good idea to target your filing date for around April 1. Not because it is April Fool's of course ...
As we all know, the IRS gets slammed in the couple of days before the deadline but delaying things to around 4/1 helps because it's quite possible one of the people who send a tax form on you (1099, W-4, etc.) will send one in January and then two weeks later say "Oops, disregard that one, let's try again".
For that reason I put everything I get into a pile until about 3/15 and only then take a preliminary hack at it, mostly so I have an idea of how big a check I may need to write. A week or so later make whatever adjustments are needed, and then file during the first week of April.
However, I do my own taxes. If you require the services of a CPA then you will want to get your info in to said CPA a good bit earlier.
As we all know, the IRS gets slammed in the couple of days before the deadline but delaying things to around 4/1 helps because it's quite possible one of the people who send a tax form on you (1099, W-4, etc.) will send one in January and then two weeks later say "Oops, disregard that one, let's try again".
For that reason I put everything I get into a pile until about 3/15 and only then take a preliminary hack at it, mostly so I have an idea of how big a check I may need to write. A week or so later make whatever adjustments are needed, and then file during the first week of April.
However, I do my own taxes. If you require the services of a CPA then you will want to get your info in to said CPA a good bit earlier.
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