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Taxes!

Do you do them yourself or pay someone to do it for you? Why? How much does it cost?

Ever since I've been in the US, I pay someone at H&R Block to do them. With XH, it was around $200.

I think this year might be a good idea to pay someone again and hopefully it will be cheaper. 

 

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Re: Taxes!

  • I do them online.  I think I paid like $20 or something to do them on TaxACT.  I wasn't sure how difficult it would be this year (divorce and all) but I was able to do it pretty easily.
  • I have always done them myself. I am an accountant so I understand them well enough (not a tax accountant, though I have taken tax classes).
  • I'm a Turbo Tax fan.  My parents started me in on doing my taxes myself (with their supervision) when I got my first job in high school, and they taught me using Turbo Tax.  So I've stuck with it.  It's pretty straightforward!
  • imageUDscoobychick:
    I'm a Turbo Tax fan.  My parents started me in on doing my taxes myself (with their supervision) when I got my first job in high school, and they taught me using Turbo Tax.  So I've stuck with it.  It's pretty straightforward!

    Can you tell me roughly what would be a wrong candidate for something like TurboTax? 

    (it's only the 3rd time I am doing my taxes in the US, this is why I sound like a clueless adult lol)

     

    image
  • I'm also a fan of TurboTax.
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  • I own a percentage of our family business so I just have our company tax accountants file my taxes for me.
  • I have my dads business accountant do them.  He's fairly cheap (charges me only $75) and at least I know they are done right.  While mine aren't particularly difficult and I could probalby get away with doing them myself, it's just easier for me and less time consuming to have someone else take care it.  Yeah, so part of it is just me being lazy. 
  • imageLandOBiscuit:

    imageUDscoobychick:
    I'm a Turbo Tax fan.  My parents started me in on doing my taxes myself (with their supervision) when I got my first job in high school, and they taught me using Turbo Tax.  So I've stuck with it.  It's pretty straightforward!

    Can you tell me roughly what would be a wrong candidate for something like TurboTax? 

    (it's only the 3rd time I am doing my taxes in the US, this is why I sound like a clueless adult lol)

     

    *grumble grumble* TN ate my reply.

    Mine are pretty straightforward, since I don't own property and don't have stocks.  It has handled income from multiple states just fine for me, and I started contributing to a retirement fund this year, so I guess we'll see how that one pans out.  I believe it's supposed to be pretty good at all those things--buying/selling property, stocks, changes in filing status, etc.  So, unless your situation is really unusual, I think you'd be fine.  They also offer you the opportunity to buy audit protection, which means that they'll walk you through the process if you get audited, or something along those lines.

  • Since I own my own company, I hire someone to do them... I paid $500 this year... ouch! But at least I know they're done correctly! :)
  • Up until two years ago I always did them myself via Turbo Tax. But between the divorce and moving to consulting gigs, I've become a BIG fan of having someone do them for me.
  • I pay an accountant to do mine and it costs me roughly $350.  The only reason I go this route is because I have a condo that I rent out and I have no idea what can be deducted and how to calculate the depreciation on it.  Prior to this whole situation, I'd just go to an H&R Block to have them done.
    Image and video hosting by TinyPic Baby Birthday Ticker Ticker
  • I'm also not American, and I've filed myself every year using turbotax. The great thing about it is you don't have to pay until the end if you decide to submit. So, you can go through the whole process, and just get an idea whether or not it will work for you, and then decide.
    11/20/2011 1/2 Marathon 2:20:25 12/4/2011 1/2 Marathon 2:16:19 12/11/2011 1/2 Marathon 2:15:53
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