Taxes: Still Waiting
Mar. 3rd, 2025 12:54 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
canyonwalkerTwo weekends ago I lamented/boasted that I was going to do my taxes that weekend. Well, I only got some of my tax work done. That's because one of my banks, Fidelity, hasn't sent my 1099s yet. And that's where I have a significant portion of my household's savings. Thus I can't get to the tough parts of taxes— double-checking gain/loss figures and reviewing which exemptions, deductions, and credits are allowed— until Fidelity comes through with its paperwork. Until then I'm stuck in a holding pattern.
Shouldn't Fidelity have send those 1099s by now? you may wonder. YES. The IRS requires banks to send combined 1099s out by Feb 15. But Fidelity routinely files for, and gets, an extension. This year they've done it again.
Fidelity's latest estimate of when the forms will be ready is March 7. That's this Friday. I'm actually working through the weekend, so it won't be until at the least the following weekend I can resume work on my taxes. Except I was planning to take a 3-day weekend for leisure travel that weekend. And the following weekend. So at this point it may not be until the end of March that I can work on my taxes. 😡
Shouldn't Fidelity have send those 1099s by now? you may wonder. YES. The IRS requires banks to send combined 1099s out by Feb 15. But Fidelity routinely files for, and gets, an extension. This year they've done it again.
Fidelity's latest estimate of when the forms will be ready is March 7. That's this Friday. I'm actually working through the weekend, so it won't be until at the least the following weekend I can resume work on my taxes. Except I was planning to take a 3-day weekend for leisure travel that weekend. And the following weekend. So at this point it may not be until the end of March that I can work on my taxes. 😡
