Parents still not done the taxes… 👀

  • 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.

  • HobbitFoot @thelemmy.club
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    1 hour 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.

  • EndlessNightmare@reddthat.com
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    6 hours 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.

  • Nighed@feddit.uk
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    7 hours ago

    Is the US tax year just… The year?

    The UK tax year is the 6th-5th of April. I wonder how that happened…

    (… Quarter days? And switching between the Julian and gregorian calendars apparently)

  • zlatiah@lemmy.world
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    8 hours ago

    Honestly really surprised to find everyone here all do their taxes so quickly. I also did all of mine as early as I could (mid-Feb) but…

    The only few American friends whom I’m close enough to talk about this, they all ignore it until the very last minute. So either late March/April, or not at all

  • taiyang@lemmy.world
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    8 hours ago

    We did ours as soon as we had the documents, around mid Feb. Despite how incredibly awful everything is lately, there’s still child tax credits and daycare credits from smarter times. No reason to procrastinate that, especially as we can invest it in a long term fund for the kids.

  • bluGill@fedia.io
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    9 hours ago

    i set things up so I’m close to net zero, owe the state a tiny amount, tiny refund from the feis. There is no hurry, but I want them done late March just in case there is something weird I need to figure out (which has happened a couple times over the decades I’ve been eoing them.)

    • EndlessNightmare@reddthat.com
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      6 hours 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.

      • doingthestuff@lemy.lol
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        7 hours 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.

  • grumpo_potamus@lemmy.world
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    11 hours ago

    For my family, normally early March after all the paperwork has been received and I find time to sit and look at boring shit.

    This year, I started around then and saw that we owed federal a bunch and I stopped as that fragile motivation was now gone and I wasn’t in a hurry to send trumpy money for ballrooms, legal defense, bombs, ice, etc.

    Finally went back to it last night and finished up tonight. I’m getting roughly the same amount back from my state.

  • rem26_art@fedia.io
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    11 hours ago

    I did mine earlier this week. Normally I do them in March, but time kinda got away from me this year. My parents still haven’t done theirs yet lol.

  • Chozo@fedia.io
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    11 hours ago

    Usually early February, as my employers generally wait until the latest allowed day (Jan 31) to actually process/mail my documents.

  • jordanlund@lemmy.world
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    11 hours ago

    For me, it depends on when all of our paperwork is in.

    Generally, the W-2s from the employers don’t come in until the end of January, then I have to wait on my stock account. My wife had unemployment last year, and dividends from an oil field.

    All of that has to be in before we can file.

    Technically we were ready mid-February but got laid out by hospitalizations. I think we filed mid-March?

  • chickenf622@sh.itjust.works
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    11 hours ago

    When I did them myself I would get them done by March at the latest. Now that I have a financial advisor that also does my taxes, I get the documents to them ASAP (assuming ADHD isn’t getting in my way), and they tend to have them filed around the time I would’ve gotten them filed. Also nice to see that I didy taxes pretty accurately as how much I owed/was owed were effectively the se amount. Really wish the tax system was simplified for at least regular W2 employees where the taxes are basically all boilerplate with some numbers filled in.