JosephS1
Expert Alumni

Investors & landlords

While I cannot comment as to the programmer's reasons, I can say with a fair amount of certainty that the announced day of release is also to protect their investors from receiving a corrected 1099-Composite after the initial release and then having to file an amended return.  It is not uncommon for a corrected form to be sent out from the larger investment firms causing the recipient to make changes if they have yet to file or amend if they previously did file.

 

@fixate

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