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Financial Planning / Tax Strategies


Subject:  Re: Broker Error on 1099-B? Date:  4/20/2011  12:01 AM
Author:  TheTortoise Number:  113228 of 128273

Fortunately, it is a small amount. Did you file an extension or file based on them stating they would correct their error?

Yes, it is fortunate it is a small amount ... sometimes my carefully suppressed fear comes to the surface when I experience the incompetence of a financial institution to whom I've entrusted my meager life savings. It's not the fact that they make mistakes ... everyone makes mistakes ... but it's the inane responses I get when I point out the mistakes that terrorize me.

I went ahead and filed on time. I'm sure I won't ultimately owe any penalty or interest ... it's just the time I might have to expend that annoys me.
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