Time to do your taxes again.

Yuri De Lima

AC Members
Nov 2, 2005
336
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Alexandria,VA
I know it's not here yet, but soon it will be time to do taxes again.

Usually we have a friend of the family do my taxes for us, but he always overcharges us. I think one of the reaons he does that is because he doesn't have a set value that he charges his costumers, which allows him to charge larger amount depending on how much the person gets back from taxes refund and another reason is because he is just a plain thief.

That being said, I was wondering how do people do their taxes? Do you all go to a business where they do taxes, you know and talk to a tax person or do you use other methods?

I was also wondering if anybody has had any experience with that computer software called Turbo Tax?
 
I did mine online. Just go to

http://www.hrblock.com/taxes/index.html?WT.svl=11

click on TaxCut Online and choose which one you need, I used the premium for 19.95 .

This is the 3rd year I've done my taxes this way, its easy and much cheaper.
 
My hubby has always done our taxes. he was the business major in college..not me.
He used turbo tax last year for the first time. I heard no complaints.
He usually filed the kids by phone and I see they have done away with that this year. He's kinda bummed about that, it was so easy.
 
We pay an accountant to do our taxes. My wife and I own three businesses and would miss deductions if we did them ourselves.

Mark
 
What do you do to get the best (highest) tax refund possible?(i need that)

For the average Joe, how easy is it to use that Tax Cut computer software?
 
I usually file my taxes through the "Tax Center" that I get to use for free...a minor perk of being in federal servitude...

To make sure the volunteer-staffed tax center isn't jipping me any refund, I visit Intuit's site, and go through their online version of TurboTax. Last year it was free to fill out all the information, you can always go back and "change numbers around" to see which way is more profitable, and it gave you the bottom line of your refund (the amount) and then asked if you wanted to spend the 20-30 dollars to print the forms/e-file. Since I could e-file free through the tax center, I just used the figure as a "confirmation" of accuracy.

As for ease of use, I'd say really easy. As long as you have all your forms (W2's, donation receipts, etc), it'll ask you for figures from block 2a from the W2 and the total donations, you just punch in the numbers and it does the work for you. Of course, this is just my experience with their -personal- tax software for federal income tax. I know they have state-level income tax programs, and I beleive they have one for small businesses as well...If you don't have someone to do your taxes for free, this will be the best $20 you'll spend to get your taxes done.
 
Sounds tempting...lol very nice
thank you.
 
For the last 5? 6? years I've been doing my taxes, my grandmothers taxes, and the stray friends as well. I've used a variety of tax software programs, and have been comfortable with all of them. As long as you read the questions, make sure you understand them, and pay attention to the data entry, they go smoothly. If you don't pay attention--ie, use help if you don't know 100% what they are asking for, verify all your numbers, etc, then they won't work well. And, since there are a number of secure sites that allow you to run through everything for verfication, you can get more than one opinion.

Before that, I used H&R Block. Fairly easy, but really, the only difference is that they do the typing instead of you--and it costs a lot more.
 
I use Turbo Tax every year and I love it. It really simplifies the whole process. Once you start using it you'll have it done in a snap.

:dance:
 
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