Turbotax, other program, Accountant or will you do it with a paper and pen?
My brother is an accountant and last year he did it for me. I didn't get much back, though.
Turbotax, other program, Accountant or will you do it with a paper and pen?
My brother is an accountant and last year he did it for me. I didn't get much back, though.
Paper and pen my man. Never fails.
I'll do it with paper and pen. It's not that difficult for a single guy to do his own taxes. I tried TurboTax last year but it was more confusing to me than the traditional method.
Originally Posted by TokiOriginally Posted by TokiOriginally Posted by Pickles
I've done my own taxes since I've received a W2, but this time I'm going to let these people on my campus do it for me for free.
I do my own. It's fucking easy.
Am I?
I don't. I am a very honest person and I never lie.
Anyway, filing one's taxes is ridiculously simple for most people with limited assets. I don't see why people pay for others to fill the forms out.
TurboTax
I am a half-way accountant, thus I do them myself.
I usually finish my taxes with a nice healthy dump on the page before I send them in.
CALLLLLLLEEEEDDDD IIIIITTTTTTT
There's a free edition of Turbo Tax for federal returns that you can use if your taxes are relatively simple:
http://turbotax.intuit.com/
http://www.pcworld.com/article/15710...e_freebie.html
Intuit has become the big juggernaut of the tax world. They've pretty much subsumed all competition.
With TurboTax you are kind of doing your taxes yourself, but it asks you a series of questions and then fills out the forms for you. It makes it a little easier and it has found a few little deductions that I would not have thought of if I was doing 1040EZ myself. I like the organization, the cleanliness, and end product. After I am all finished I e-file (or rather it does it for me), I print a neat clean copy of all the government forms for my records, and some custom TurboTax sheets that have some info on them. I file it in my filing cabinet and I am all set as my return comes via direct deposit.
I get the deluxe version which comes with federal and 1 state. It becomes more cost effective if you let your friends family or something use it, because they don't have to buy the whole software suite again, they just need to pay the e-file fee's and as long as it is the same state, they don't need to buy another state. It saves a digital copy of the whole return in 1 file which of course I password protect via the software.
I know I could do it cheaper myself, but to me the service is worth the 50 bucks for it's organization and simplicity, and as long as I answer the questions correctly, I know for a fact that it is filed right. Heck, last year I answered a question that I thought was correct, and at the end when it was checking, it said that answer may be incorrect because it was inconsistent with what was normal. It could very well have been correct if that's what you did, but I didn't and it caught it.
It even gives you a neat little "audit risk" meter as well, from green to red, basically saying, based on the answers you've given, the is about this likely to want to audit you. You know, if you have a bunch of crazy shit in there that doesn't add up, the IRS might want to look at it closer. It's nice to know that kind of stuff.
I like it, but it is not entirely necessary. The more complex your taxes are the more valuable it becomes.
H&R Block Taxcut. I get it for free, and it has worked well the past couple of years.
I got people....*scratches stomach*
I let Rick Scarf do mine.
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