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-   -   Who does their own taxes? (https://www.offshoreonly.com/forums/general-boating-discussion/95279-who-does-their-own-taxes.html)

EvilTwin 01-27-2005 03:48 PM

Re: Who does their own taxes?
 

Originally Posted by Racegirl3
I use Turbo Tax. Have for years. Its easy, simple. I do mine and some for a few local businesses and friends. Easy, easy, easy. Im all about easy. :D



Easy, huh? What are you doing later? :D





I am an accountant and I don't do personal taxes (only mine). I don't use any software. (I probably should), but I have "things" I need to work out before it goes on paper. :D :cool: :D

jordy 01-27-2005 04:04 PM

Re: Who does their own taxes?
 

Originally Posted by Racegirl3
Im all about easy. :D

Easy, flames, checkered flags and Chevy bowties. The only fault I can find is that you live in Ohio. :D

articfriends 01-27-2005 04:07 PM

Re: Who does their own taxes?
 
Doesn't everyone thats self-employed due there taxes backwards on the form :D ,i use a accountant because the multiple depreciation schedules and stock statements profit/lose sheets got too confusing but i still "rough up" my numbers before i go in,Smitty

GLH 01-27-2005 06:32 PM

Re: Who does their own taxes?
 

Originally Posted by EvilTwin
...but I have "things" I need to work out before it goes on paper. :D :cool: :D

on water too I hear !!! :D:D


I use to do Turbo Tax works fine but now I have a CPA it got more involved...

offshoredrillin 01-27-2005 07:33 PM

Re: Who does their own taxes?
 
When I took my companies from Sole Prop to S corps, a whole new can o' worms opened up, I pay my accountant plenty to keep it strait, and he uses TT. Ya know, payroll taxes are a pain, next time, every one is a sub and gets 1099!

US1 Fountain 01-27-2005 08:33 PM

Re: Who does their own taxes?
 
We do!
The forms ask how much we made last yr, then we send that in. :D

LubeJobs42 01-27-2005 08:44 PM

Re: Who does their own taxes?
 
i do my own. I make $12,500 a year and have 8 dependants. I'm getting a good refund this year.

formula1 01-27-2005 10:56 PM

Re: Who does their own taxes?
 

i do my own. I make $12,500 a year and have 8 dependants. I'm getting a good refund this year
Yeah, with $25,000 in interest deductions! :evilb:

formula1 01-28-2005 03:36 PM

Re: Who does their own taxes?
 
How much does Turbo Tax cost? Can you do the Electronic Filing?

Queenie 01-28-2005 03:38 PM

Re: Who does their own taxes?
 

Originally Posted by formula1
How much does Turbo Tax cost? Can you do the Electronic Filing?

I was told that the only way it could be done electronically was by a licensed facility (ie H&R Block). I hope that's not true but I'm interested to see what is said. If I can do my own via TT and file electronically, I'm saving myself $275 this year (which is why H&R charged us last year).


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