Stewy85
Premium
join:2003-01-16
Sharon, WI
clubs: | Why?
Why do people wait this long??? You had 4 months to get it done.  |
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Anonymous
Premium
join:2004-06-01
IA
 ·Mediacom
| said by Stewy85  :Why do people wait this long??? You had 4 months to get it done. They don't want to pay. |
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Stewy85
Premium
join:2003-01-16
Sharon, WI
clubs: | Isn't that why there are extensions? |
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battleop
join:2005-09-28
00000 | Extensions don't extend the amount of time you have to pay. If you use an extension for that reason then you are going to pay some extra fines. |
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GOLFnSUN
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
 ·Sprint Mobile Broa..
·Comcast
| reply to Stewy85
said by Stewy85 :Why do people wait this long??? You had 4 months to get it done. It isn't Turbo Tax as much as it was all the dummies waiting to file until the last few hours. They deserve what happens to them, if anything.
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nixen
Rockin' the Boxen
Premium
join:2002-10-04
Alexandria, VA
·Cox HSI
 ·Speakeasy
| reply to Stewy85
said by Stewy85 :Why do people wait this long??? You had 4 months to get it done. Simple: if you've overpaid (i.e., you're due a refund), you file as soon as you get all the requisite forms; if you've underpaid, you do the filling out of your taxes at any point between 01/30 and tax day, then file your forms on tax day. After all, why would you want to pay even one microsecond sooner than you had to?
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Everyday, thousands of new cars are delivered to their new owners with poorly-selected radio station presets. |
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GOLFnSUN
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
·Sprint Mobile Broa..
·Comcast
| said by nixen :said by Stewy85 :Why do people wait this long??? You had 4 months to get it done. Simple: if you've overpaid (i.e., you're due a refund), you file as soon as you get all the requisite forms; if you've underpaid, you do the filling out of your taxes at any point between 01/30 and tax day, then file your forms on tax day. After all, why would you want to pay even one microsecond sooner than you had to? The two things don't go together when filing your tax return. You can file your return anytime, either on paper or electronically, and then pay at the last minute.
The easiest way is to file electronically EARLY, but set an automatic transfer of the money from your account to the IRS for the last or next to last day. All electronic filing programs allow this.
You can also file your return early on paper, and then mail the separate voucher with your check at the last minute.
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My BLOG
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nixen
Rockin' the Boxen
Premium
join:2002-10-04
Alexandria, VA
·Cox HSI
·Speakeasy
| said by GOLFnSUN :The two things don't go together when filing your tax return. You can file your return anytime, either on paper or electronically, and then pay at the last minute. The easiest way is to file electronically EARLY, but set an automatic transfer of the money from your account to the IRS for the last or next to last day. All electronic filing programs allow this. You can also file your return early on paper, and then mail the separate voucher with your check at the last minute. Dude... There's people out there who's VCRs (yeah, some people still have them) are still blinking 12:00.
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Everyday, thousands of new cars are delivered to their new owners with poorly-selected radio station presets. |
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TheGhost
Premium
join:2003-01-03
Lake Forest, IL
clubs:
 ·AT&T U-Verse
·Comcast
| reply to Anonymous
said by Anonymous :said by Stewy85 :Why do people wait this long??? You had 4 months to get it done. They don't want to pay. They will still have to pay, no matter what. They could still "file" their taxes, print out the payment slip (I forgot form number), and wait to mail that until the 15th. |
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supertech315
join:2006-03-01
Perris, CA | reply to nixen
Dude you're the one that needs to wake up. if they're filing with turbo tax they gotta have a vcr and a computer. so some how they can figure that out |
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GeorgeB100
join:2004-01-10
Saint Charles, IL
| reply to nixen
I challenge anyone out there that could point out any investment vehicle that would make it worth it waiting UNTIL THE VERY LAST DAY (as opposed to 24 or 48 hrs before deadline)to file. If you found a stock or a bond or a mutual fund THAT GOOD where you're loosing more than 0.000001 cent by not filing at the last moment, please do let me know! |
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nixen
Rockin' the Boxen
Premium
join:2002-10-04
Alexandria, VA
·Cox HSI
·Speakeasy
| reply to supertech315
said by supertech315 :Dude you're the one that needs to wake up. if they're filing with turbo tax they gotta have a vcr and a computer. so some how they can figure that out There are plenty of people that have computers and use Turbo Tax that haven't a freaking clue. Perfect examples are the ones that pay for the quick or accelerated refund options (which is just a step away from those "payday loans" places).
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Everyday, thousands of new cars are delivered to their new owners with poorly-selected radio station presets. |
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nixen
Rockin' the Boxen
Premium
join:2002-10-04
Alexandria, VA
·Cox HSI
·Speakeasy
| reply to GeorgeB100
said by GeorgeB100 :I challenge anyone out there that could point out any investment vehicle that would make it worth it waiting UNTIL THE VERY LAST DAY (as opposed to 24 or 48 hrs before deadline)to file. If you found a stock or a bond or a mutual fund THAT GOOD where you're loosing more than 0.000001 cent by not filing at the last moment, please do let me know! For many, "it's the principal" of giving up the money before you absolutely have to.
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Everyday, thousands of new cars are delivered to their new owners with poorly-selected radio station presets. |
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SLD
Premium
join:2002-04-17 | reply to Stewy85
Because if you file during the flood, you are less likely to get audited (says an Enrolled Agent I know). |
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GOLFnSUN
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
·Sprint Mobile Broa..
·Comcast
| said by SLD :Because if you file during the flood, you are less likely to get audited (says an Enrolled Agent I know). Sorry, but computers select audit candidates and that is months after the filing date. Filing at the last minute with the other procrastinators doesn't improve your chances of not being audited.
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DaCarez
join:2002-03-30
Scotch Plains, NJ
| said by GOLFnSUN :Sorry, but computers select audit candidates and that is months after the filing date. Filing at the last minute with the other procrastinators doesn't improve your chances of not being audited. I'm gonna go with Carter on this one, a CPA I know suggests filing not quite in the flood, but at least waiting until mid-March, so that the flow gets a little more volume. |
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jsouth
Jsouth
join:2000-12-12
Wichita, KS | reply to GeorgeB100
Some people may not have the money to pay until then also.
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Bush bashing is old. How about more solutions instead? |
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DonLibes
Premium,ExMod 2001
join:2003-01-19
| reply to Stewy85
said by Stewy85 :Why do people wait this long??? You had 4 months to get it done. One of my brokerages sent me a corrected tax form just two weeks ago. I'm so used to getting last minute corrections from various places, I've learned my lesson and always wait until the week before to prepare my returns. |
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joako
Premium
join:2000-09-07
/dev/null
·AT&T U-Verse
| reply to TheGhost
said by TheGhost :said by Anonymous :said by Stewy85 :Why do people wait this long??? You had 4 months to get it done. They don't want to pay. They will still have to pay, no matter what. They could still "file" their taxes, print out the payment slip (I forgot form number), and wait to mail that until the 15th. Or do your taxes, write the check and don't mail it until the last day!
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Am Heimcomputer sitz' ich hier, und programmier' die Zukunft mir |
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GeorgeB100
join:2004-01-10
Saint Charles, IL | reply to nixen
Absolutely. But when due to abiding by this principle, to the extreme, you risk hurting your bottom line, I don't believe it's a smart thing to do. |
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