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This will be my first time having to file a 1099 related with stocks. Should I wait to file my W-2 until my 1099 arrives (since I can claim losses on my taxable income?), or just go ahead and file my
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June 4, 2019
4:03 PM
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June 04, 2019
4:03 PM
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This will be my first time having to file a 1099 related with stocks. Should I wait to file my W-2 until my 1099 arrives (since I can claim losses on my taxable income?), or just go ahead and file my
You should ideally wait until your Form 1099 arrives, so that you can take advantage of any tax benefits that it might provide.
If you filed without entering any relevant information from that document, and you later want to take advantage of any tax benefits you might have coming, you'd have to file an amended return.
June 4, 2019
4:03 PM
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This will be my first time having to file a 1099 related with stocks. Should I wait to file my W-2 until my 1099 arrives (since I can claim losses on my taxable income?), or just go ahead and file my
don't file an incomplete tax return. That's just nasty.
June 4, 2019
4:03 PM
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This will be my first time having to file a 1099 related with stocks. Should I wait to file my W-2 until my 1099 arrives (since I can claim losses on my taxable income?), or just go ahead and file my
You should ideally wait until your Form 1099 arrives, so that you can take advantage of any tax benefits that it might provide.
If you filed without entering any relevant information from that document, and you later want to take advantage of any tax benefits you might have coming, you'd have to file an amended return.
June 4, 2019
4:03 PM
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This will be my first time having to file a 1099 related with stocks. Should I wait to file my W-2 until my 1099 arrives (since I can claim losses on my taxable income?), or just go ahead and file my
Or if you have no "tax benefits", (i.e., losses on trades), you'll still have to amend; it's not optional that 1099s get entered or not.
June 4, 2019
4:03 PM
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