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TigersRuleTheEarth
LA-Lafayette Fan
Laffy
Member since Jan 2007
28643 posts

I filed throught Turbo tax yesterday. Will filing early

have any ill effects on the speed of my return or cause me problems that any of you money gurus can see?


gizmoflak
Georgetown Fan
Member since May 2007
9363 posts

re: I filed throught Turbo tax yesterday. Will filing early
only poor people file in Jan.























j/k, prayers sent


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foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
32135 posts

re: I filed throught Turbo tax yesterday. Will filing early
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.


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Poodlebrain
LSU Fan
Way Right of Rex
Member since Jan 2004
17573 posts

re: I filed throught Turbo tax yesterday. Will filing early
The IRS is not processing individual income tax returns until January 30, 2013. LINK


bubbz
Baylor Fan
Team Boxtard
Member since Mar 2006
18961 posts

re: I filed throught Turbo tax yesterday. Will filing early
Not to mention if you itemize, they won't process until mid February.


Cajun Revolution
George Washington Fan
Member since Apr 2009
44671 posts

re: I filed throught Turbo tax yesterday. Will filing early
I did mine early to get out in front of what I am going to owe them. I knew it'd be substantial. I won't actually file until April 15th though. Why pay those suckers early? Forget that.


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TigersRuleTheEarth
LA-Lafayette Fan
Laffy
Member since Jan 2007
28643 posts

re: I filed throught Turbo tax yesterday. Will filing early
quote:

The IRS is not processing individual income tax returns until January 30, 2013


I was worried that my return would get caught is some red tape BS and not get processed.

That or the tax laws would change between now and then and I would have to file an ameded return thereby fricking up any chance I had on a quick return.


yellowfin
Illinois Fan
Coastal Bar
Member since May 2006
78166 posts

re: I filed throught Turbo tax yesterday. Will filing early
The biggest concern with filing this early is you get a corrected form in a month or an additional 1099 that you weren't expecting. Then you have to do it all over again.


Weaver
Southeastern LA Fan
Mandeville, LA
Member since Nov 2005
22864 posts

re: I filed throught Turbo tax yesterday. Will filing early
quote:

Not to mention if you itemize, they won't process until mid February.


That is when I will do mine. Make sure I get my refund before the end of the month.


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TigersRuleTheEarth
LA-Lafayette Fan
Laffy
Member since Jan 2007
28643 posts

re: I filed throught Turbo tax yesterday. Will filing early
quote:

you get a corrected form in a month


I can garauntee you that shite will happen because I got my W2 and 1099s in early this year.


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