Let's talk taxes!

‍
Every year, clients always ask me the same two questions: 

1. When will I receive all of my tax documents?
2. When do I need to make my appointment to get my taxes done? 

To give a better idea of what timeline to follow, I thought it would be best for me to list out the expected receipt dates for tax documents:

• W-2s - generally, W-2s can be received in the mail as late as mid-February..
• 1099s - most 1099s will be received in the mail by mid-February; however some rental and investment 1099s may not be received until as late as mid-April.
• K-1s - partners and shareholders may not receive K-1s in the mail until as late as mid-April.
• 1098s - 1098s are usually available electronically on bank websites anytime during the month of January.  If banks mail 1098s to individuals, they can be received as late as mid-February.

Reviewing the above list should tell you when to make your tax appointment, depending on when you are expecting to receive all of your documents.  It is always better to wait until all documents arrive so you can drop everything off for processing at the same time, instead of having to keep track of random pieces of paper as they arrive.
​
It’s important to note that the IRS does not even begin to accept filed tax returns until late January, so don’t worry about rushing to get it done; you have plenty of time!
​
If you are unsure of what specific tax documents you are even supposed to be waiting for, feel free to call or email me, and I can send you an organizer so you can be sure you have everything.