Pesky 1099s
Submitted by Grunden Financial Advisory, Inc on March 11th, 2015Some people rush to do their taxes as soon as they receive their last tax form, but is this the best action to take? If a person owns mutual funds in a taxable brokerage account, they may want to consider waiting until the end of March or even close to April 15th to file. It is not uncommon for brokerage firms to send out revised/amended/corrected 1099s after the original form was sent.
