When you think of dating, taxes may be the last thing on your mind. You may be thinking to yourself “What do taxes have to do with dating?“. While dating someone, you can be blinded by love and throw any caution to the wind. The way someone handles their taxes could be a good indication of how they handle other affairs in their life.
Finances can be a taboo topic to discuss. This is especially true early on in a courtship so do not bring this up if you are just looking to have a good time with someone. But as you progress, or you are in a more serious relationship, it is something that should be discussed. If your date cannot get it together to file and process their tax responsibility it raises a big red flag.
Some warning signs you should look for:
- filing a last-minute extension
- not filing at all
- having to be reminded constantly
Filing a last-minute extension shows they are not on top of things and demonstrates complete procrastination. Not filing at all is a huge red flag that you don’t even want to mess with. And lastly, do you really want to be with someone that you have to constantly nag to get them to do things?
There are no excuses for not filing taxes. It is part of being a responsible adult. There are many different ways to file. The method should not matter as long as they get it done. If they cannot get that part of their lives in order, they are not ready for other parts of a meaningful relationship.
This is the time of year you take stock of your finances. It could also be a good time to have a conversation with your significant other about the current state of their finances.