When Do You Think 1099 Will Be Mailed Out

[sarahsellcm]

ANy idea when the 1099 will be mailed out? I know it has to be by the 31st but I am just trying to get ready to do my taxes and trying to figure when I should plan with my hubby to take the kids for a night.

 

[aka1908]

I called the other day and was told they will post mark the last day of the month

 

[esavvymom]

That's the way tax documents are for income (W2s, 1099s)- they have to postmark by Jan 31st. Charities I think have through February to report donations over a certain amount.

 

[sarahsellcm]

It is just the only document that I am waiting for. So many places are getting them out early because they want to help stimulate the economy and get people spending money earlier.

Sarah

 

[NooraK]

It was in a recent NewsWire that they'll go out by the 31st, and be posted online (if you've opted for an electronic one).

 

[Jen1409]

that is the only thing I am waiting on too. UGH!

 

[sarahsellcm]

how can you opt for an electronic one?

 

[NooraK]

The details were in a recent NewsWire, you can access them on CC.

 

[wcsis]

You only had until January 15th to make the change to electronic 1099. This option will reopen again sometime after all the 1099's are processed.

 

[esavvymom]

I'm impressed that so many of you have all your stuff together and ready to go! I still have to enter most of my expenses (I was bad at keeping up with that...they are in the folder, but that's as close as they came). My DH will be after me to get it done in the next few weeks