June 2008 Weddings
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Poll: Taxes

DH and I just did our taxes last night.  We use Turbo Tax... just wondering what others do.  We also don't own a home, have rental properties, etc which I think would have us use an accountant.
[Poll]

Re: Poll: Taxes

  • We started paying someone the year we bought the house. Prior to that I used Turbo Tax. I just didn't feel comfortable once we had the house. Then we got married and we have SD sometimes but sometimes not. I happily pass it on to someone who knows what they are doing.
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  • We usually use TaxAct but I usually check another site like Turbotax for a gut check. TaxAct was only $12.95 this year if you watched a commercial before they aired it during the Superbowl.

    For the ones above that are nervous about buying a home or getting married and doing your taxes, I promise it's so easy! It walks you through everything step by step and some of the first questions are "Did you get married this year?", "Did you have a kid?", "Did you buy a house?", etc.

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  • DH's grandma does ours.  She is a retired tax accountant, and she has always done everyone in the family's taxes.  I wish I could convince DH to go somewhere else, even though we would have to pay for it, but he refuses to "hurt her feelings."  I have worked with her at auctions (FIL & GFIL are auctioneers & own their own auction building) in the office area, and she is always making errors and calculating mistakes.  Besides that, last year she she made a huge error in the calculations for SIL & her husband's taxes, and they not only had to pay a fine, but had to come up with nearly $10,000 in 6 weeks' time!  It freaks me out, but DH's whole family (except SIL now) are still so "la-di-dah" about the whole thing, that it doesn't seem to matter.
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  • Every year I say that we should just try to do it ourselves but then I don't because I look though the year before return and am reminded how many different forms/schedules, etc b/c we have investments and work stock stuff that really really complicates them.  Blah!
  • DH and I file seperately since he has the business, that way we can keep my stuff more personal/family and his stuff more business.

    I use TurboTax and claim Zachary, it was so easy to use when we got married, then had a kid, and then got the HSA, that I wouldn't be afraid to use it if we bought a house.

    DH pays someone to do his taxes because they are much more complicated.

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  • I used to do our taxes with Turbo Tax, then I just got sick of doing them. We go to a local guy recommended by my parents. He only charges $50 and he's really quick with them.

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  • I did them every year myself, but this year we will need an accountant.  My H opened his own medical practice and I am definitely not a CPA.  So now we get to pay out our butts for an accountant. Sad
  • I use Turbo Tax, but in some ways would love to start paying someone else. DH  turned to me the other day and said, "If we have enough to itemize, we can write of the boots I bought for work." Drives me up a wall b/c my own taxes are pretty straightforward, but DH gets all kinds of write-offs etc. for his job. I would love to have him do it, but he thinks all computer programs hate him, when really he just doesn't have any patience. I do need to get on this soon though b/c clearly it won't happen after LO arrives!
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  • I do them with TurboTax.  I wouldn't be opposed to other software, but I like that our previous information is stored and it reminds me of everything I need to include.

    Though I'm angry this year because we are going to owe.  For some reason, my last employer (where I left in August) did not withhold any taxes when I was part time for part of the year last year.  I never once talked to anyone about changing my withholdings. I have no idea why it happened.

    Grr.

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  • I said pay someone, but we don't actually pay.  FIL is retired but works part-time with an accountant during tax season, so they do our taxes for free.  If we had to pay someone, it would be pretty expensive.  So if we weren't getting it done for free, I would probably do them myself by hand.  Pre-DH and all of the rental properties, I used Turbo Tax or did them by hand myself.
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  • It varies each year depending on what occured during the previous year. We also do them online  first and decide if it is more beneficial to file joint or separate.

    If we file jointly, then we forward to a professional

    If we file separate, we use Turbo Tax or HR Block online 

  • I said SS because we have a professional do them, but since he's my father he does them for free, which is incredibly sweet.

    Tax time always stings because I'm a part owner in a family business, and income shows up on my taxes that I never actually see.  I never get refunds, I ALWAYS owe. However, dad said that should change for 2012 taxes since I'm having a baby.  He told me the other day "That's a valuable little dependent you're carrying" lol.

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  • imageThe Big D:
    He told me the other day "That's a valuable little dependent you're carrying" lol.

    I hope that's true for you.  It usually is.  I was all excited to do our taxes last year with Jane on them (we ALWAYS owe).  and we still owed $12K.  It was not a happy day in our house.

  • imageThe Big D:

    However, dad said that should change for 2012 taxes since I'm having a baby.  He told me the other day "That's a valuable little dependent you're carrying" lol.

    LOL! Hopefully it does change for you in 2012. We've always received refunds, but they jumped up a pretty penny once adding kids, especially when we went from 1 kid to 2!

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  • I chose SS. DH is an accountant. However he audits hedgefunds and knows slim to nothing about personal taxes. I do our taxes using turbo tax. DH reviews it before we submit it, to make sure I don't have any typos. We paid someone the year we bought our house, to make sure we got all the credits we were suppose to. 
  • imageMrsG.060708:
    imageThe Big D:

    However, dad said that should change for 2012 taxes since I'm having a baby.  He told me the other day "That's a valuable little dependent you're carrying" lol.

    LOL! Hopefully it does change for you in 2012. We've always received refunds, but they jumped up a pretty penny once adding kids, especially when we went from 1 kid to 2!

    Last year was great for us because we went from having 1 kid to 3!!!!  We get a big chunk due to our student loans, child care, and having the kids! 

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