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Reply to "irritated that I can't file my taxes yet"
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[quote=Anonymous][quote=Anonymous]Admittedly I earn a lot of income and need over 100 forms before we can file, but what is the big deal? It's not due until April 15 and if you are waiting for a refund that is a result of your idiocy for withholding too much. Now when a brokerage account sent me a an amended 1098 on October 16, that is annoying.[/quote] You're not an idiot to over-withhold if your income stream is not predictable and you are trying to avoid an underpayment penalty. I'm in the pissed-off camp because my tax prep was completed 2/15, I am claiming a 5-figure refund, and TaxAct won't permit me to e-file because the Instructions to Form 8960 (not the Form itself!) are not final. I believe they are blaming this on the IRS, but that rings hollow. Why can't either one permit me to file, subject to the risk of having to amend later if the final Instructions somehow would change the return. This is FUBAR and not really explainable on a rational basis.[/quote]
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