posted on Feb, 9 2011 @ 02:02 AM
Hey guys, this is REALLY off topic thats why Im posting here. I kinda feel like this is a stupid question but I figured I might be able to get some
educated guesses or answers here. When filing my income taxes this year, can I possibly wait until next year to file a 1099R I received for an IRA
withdrawl? The amount of the withdrawl was fairly small, under $2000.00 Ive heard in the past you can wait up to a year or two without even filing
your income taxes, so I was wondering if I might be able to get away with this. I dont want to avoid paying altoghether, Im just so financially
strapped right now like the rest of America that this 1099R is going to kill what little money I will be getting back from my taxes. Please reply.