Taxes
 

How many people actually completed their taxes with no help from anyone else? I did it on my own this year and not the ez1040 one . It was not as hard as I thought it would be and I wish I done them myself before and not waste money getting it done by someone else

Oh, not me-Mr. XO_Princess did my taxes this year. The one year I tried to do it myself, I did something wrong, and got a whopping refund of....$4. And I know I didn't make that much money that year!

Last year, being the first year I filed my taxes, I did it on my own, using the 1040EZ. This year, I did my own taxes using the 1040. It is not difficult at all.

I can see where it may be difficult though. My dad has his own business and him and my mom file a joint return. They always have their accountant do their taxes for them because it is so confusing.

It's easy as long as you don't start adding in Capital Gains on the sale of stock options and such....We pretty much just pay someone now so that if something is wrong the IRS goes to them instead:D

My parents collect all my tax info and send it to our accountant on the Island - but living in Canada it should be dead easy: figue out what you earn send it all to the Canadian Gov't LOL.

I'd always heard that Canadian taxes are outrageously high. That is true, then?

Last year was the first I ever did them on my own. I decided that I didn't want to pay the accountant more than I was paying in taxes, LOL. I just followed along from what my parents' accountant did the year before and also looked on the internet. I did the same this year, and all I have to say is GOD BLESS GEORGE W AND ALL HE STANDS FOR, because I got a very nice chunk of $$$ back due to the new tax laws.

The jags at my borough tax office though...that's another story. :mad: It's really not nice to act like a bitch when someone (a.k.a. me) asks a question because their day and night does not revolve around taxes.

I've been doing my taxes on my own ever since I graduated college. Never had a problem with it. I usually use the Telefile method because it's very simple, and I get my return more quickly than I would if I mailed it off. :)

my dad is in the highest income bracket - which starts around 90,000-100,000 CAD - 51% of what he earns goes to the government - I know we get free healtcare but that is totally outrageous.

Each month I pay over $400 in taxes to prov and the fed gov't and I'm in the lowest bracket.

My parents have been giving my tax info to their CPA, but I think this is the last year they will do that for me :(

Funny topic. This is the first year that I have done my taxes myself. I just realized I forgot to do state. LOL!! I guess I will do it tomorrow. The 1040EZ was quite simple.
I wonder when I will get my refund back being that I waited till the very end pretty much.

In theory I can do my taxes, I know how, BUT my uncle is a cpa and he does them for free, can't beat that deal!

I did them all by myself this year and it said i would get a refund of about 355 which i was extremely happy about, BUT i didnt completely trust myself so i went to have them done when my parents went and to my surprise, i only messed up a little bit and im really getting 400 back. WOO HOO!!!!! :D

Looks like bucutie is going shopping! ;) After all, that IS my specialty:cool:

There are 3 things I refuse to do:
1) change my oil on my car myself (or anything else car related)
2) do my own taxes
3) full with anything electrical

I LOVE my accountant and have no problem paying him. It really doesn't cost that much and saves me a huge headache cause of all the stocks, mutual funds, target funds, IRA, school loan, house mortgage etc.... stuff I have.

I did my taxes using Taxcut which was a snap. I would've used the EZ forms, but I've got some mutual funds, etc. that put out of that group.

Doing your own taxes when you're younger is actually pretty simple.

When you get to the point that you're itemizing deductions, you might want to try TurboTax or one of the other computer tax preparation systems. They lead you through step by step and are fairly accurate.

Now, at the point where Mrs. DeltAlum has a home based business, I do some freelance work outside my job, we own rental property (that oldest daugher lived in while in college), some investments and our youngest going to college next year -- no chance I'm going to come close to those tax forms. It's bad enough just gathering the materials to take to the accountant.

I did my taxes this year, it was easy! After I paid back the 96 dollars I owed them it was pretty simple from there. So I go into the bank yesterday and the teller told me that I had a deposit and I said what? cuz i knew i didn't get paid till monday and he said your tax return. I was practically jumping up and down at the bank hehe.

I've done my own for the past 4 years, and I don't really have any trouble, but then again, I don't have a whole lot of itemized stuff. I'm so mad at the gov't this year. I went from being independant to dependant status again (went back to school) and all the $$ I was looking forward to getting back as an indep. went buh-bye because I am now a dependant again. Apparently I must not need any $$ that I earned because my parents are expected to "provide" for me... yeah right!

Sorry to break it to you; but the IRS comes after YOU and maybe the accoutant. When you sign the forms they say basically that you know everything is correct and true under penalty of law. :(

I've always done my taxes under my dad's supervision. And all he ever does is double check the math and insists that I write neatly. We've always come up w/ the same totals, so that's good.
One year I ended up having to pay a little to state and fed. (Less than $50 each. But I was pissed.) :mad: I recalculated over and over! Turned out both forms had some errors and I got the money back plus interest. :) This year I did my taxes the very night that I got my W2. I got the statement from the bank the same day. So I felt like God was telling me to get them done. I ended up with $99 back from state and $1001 from fed. I was stoked. :cool: This was the first year that my parents couldn't claim me. That's why I got so much. My dad on the other hand pays an extra $1000 a month over what would normally be taken back and only got $4000 back. It was funny watching him bitch about his pay raises. He got pushed into higher tax bracket. :(

ok so its that time of the year... typically since graduating college I have done my taxes with turbotax each year. However this year I have started a new job where I work as a consultant. So I don't know if I should get someone else to do my taxes.

Basically this year I expense a lot of items for work then get reimbursed, I have been putting money into stocks, and have rolled over a 401K to an IRA and I am not sure how this will affect things.

I am figuring I should get someone else to do my taxes... how do you go about picking someone? Any info on companies such as H&R Block, what do I need to provide them with?

Basically I am clueless on this, and its kind of me figuring this out on my own.

My tax was done by Jan 28th. Refund should be here any day now.

I used taxengine.com, and it was free.

I run a tax program for low income people and I usually TurboTax or TaxCut my own taxes - both of those programs really walk you right through everything.

My wife and I found someone through a friend at work, he's done our taxes the past three years and has been really good/really affordable. Other than that, I have a cousin who is a CPA who might do them this year.

I was going to try doing it myself, but with working in two seperate states, buying a house, and other stuff, it's just easier to send it to someone.

I feel your pain. I have an LLC business in addition to my regular job, some real estate investment properties, and other investments. I'm at the point where I'm now paying my taxes quarterly.

Count your blessings that you only have to pay taxes once a year! I go through this every three months.

It's only free if your AGI is below a certain amount.

I have to pay this year--when I changed jobs, I moved up an entire tax bracket. Fun. :mad: Luckily it's not much.

I've always had my dad do them for me, and since I've been working in restaurants since I was 15 I typically get a very small return, and often owe money to the state.

But last year when I filed, the shady bar I worked in had altered everything that I declared I made in tips on top of not paying any Medicare (Medicaid?) which I guess is normally withheld on paychecks, so my dad has been helping me meet with a CPA to sort it all out. They're saying that I owe about $4000 and now that I don't work there, I don't have anything to prove that I always declared what I made, and didn't realize they'd changed my tips to the minimum - and my dad never knew what I made so he just went off the forms. Its a mess right now - I'm glad I have a "real" job and don't have to worry about cash income/declaring tips. Yuck. I'm hoping this year will be a lot smoother process!

I co-own a tax prep office.... so I've done my taxes and about 500 other people's. *LOL*

Um, just a note, be careful when you use turbo tax and tax cut. They can be useful programs, but they don't "auto-find" all the deductions. I've had people do their returns on those programs, and bring them in, and I've been able to get them more money. <<Usually it has to do with the child tax credit, and additional child tax credit.>>

For simple returns they are ok. Also, when looking for a tax professional, make sure they will give you a price upfront. There are a lot of people who throw in hidden fees.... :D

I just went to irs.gov. From there, you enter in your filing status, income, etc. and they'll let you know if you qualify for free or reduced filing and give you a number of sites. I went with H & R block and just paid 9.99 each for the two state returns I had to file. I can live with that.

I am aholdout and do the family taxes by hand. I file a federal joint for GEN Alum and myself. I also file federals for our 2 children. Additonally, our D and I have to file with the state in which we live. My D will be doing her federal and state when she comes home for Spring Break in a week. She doesn't know that however....if I told her, she may have opted for a more pleasant venue.

What I find to be a big PITN is that we need to COMPLETE the forms early (within the next 2 weeks) even for merit-based scholarships. :( There are students who don't qualify for financial aid through FAFSA and CSS Profile. These students still have to go through the rigamarole of applying through these 2 agencies for merit-based $$$.

Mine started last year, but we are not yet fully operational- so no taxes and quarterly withholding to do until June. Plus now I get to start itemizing which stinks. Before I just took all the standard deductions.

I am a CPA, but have already hired a CPA to do all the LLC stuff. I don't know tax and I don't do tax.

Right now I am focusing my energy on making sure I hold back a lot of income so I can make those quarterly payments on time...

I have used turbo tax for the last seven years or so and have never had any problems ( other than today when I did my taxes and found out that I owe Uncle Sam 3 grand). It's free if you're low income or in the military.

since i'm temping at a cpa firm until my own business can pay all of my bills (which i'm hoping will be very soon!!) i'm going to have them do it for me.

i've always gone to my accountant, because of all of my different forms (for employment, money market, cd's, tuition, and now my business, etc.) and find that i'd rather pay the extra $ for them to do it right, than me possibly making a mistake.

I've used it about as long I think and it's been great for me.

Not for all a-d!

I've been using Turbo Tax since at least 2000 and find it the easiest. I do itemize deductions, but it's really just mortgage interest, child care and charitable contributions. This is the last year I'll have child care deductions. I have my exemptions fine tuned now so I got $26 back from Federal (the goal is to KEEP my own money and only pay them what they're actually going to get rather than let them have my money interest free for months) and I got about $900 back from State (so that I do get a small windfall every February)

i did my taxes with turbo tax over the weekend and will be getting a BIG refund :D. all those IRAs and 401k really helps.

I do it myself online and have already got my return. :D I use the 1040EZ though so my taxes are super simple... I have one job, only 2 forms of investment at the moment, so I'm pretty comfortable with not having pros do it. Used to have my mom's CPA do it... and probably will once a own a house and whatever.

Love the commercial, talk to the box!:D

If you own a business or have many deductions that will red flag IRS, suggest that You use a Tax Person!

Been there to many times!:(

Oh, The kinder IRS, right!:rolleyes:

My mom has her own tax business, so she does my taxes for me! She'll do your taxes, too, if you want, haha.