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Who does their own taxes?

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Old 01-27-2005 | 03:48 PM
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Default 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.


Easy, huh? What are you doing later?





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.
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Old 01-27-2005 | 04:04 PM
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Default Re: Who does their own taxes?

Originally Posted by Racegirl3
Im all about easy.
Easy, flames, checkered flags and Chevy bowties. The only fault I can find is that you live in Ohio.
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Old 01-27-2005 | 04:07 PM
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Default Re: Who does their own taxes?

Doesn't everyone thats self-employed due there taxes backwards on the form ,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
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Old 01-27-2005 | 06:32 PM
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Default Re: Who does their own taxes?

Originally Posted by EvilTwin
...but I have "things" I need to work out before it goes on paper.
on water too I hear !!!


I use to do Turbo Tax works fine but now I have a CPA it got more involved...
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Old 01-27-2005 | 07:33 PM
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Default 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!
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Old 01-27-2005 | 08:33 PM
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Default Re: Who does their own taxes?

We do!
The forms ask how much we made last yr, then we send that in.
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Old 01-27-2005 | 08:44 PM
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Default 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.
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Old 01-27-2005 | 10:56 PM
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Default 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!
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Old 01-28-2005 | 03:36 PM
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Default Re: Who does their own taxes?

How much does Turbo Tax cost? Can you do the Electronic Filing?
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Old 01-28-2005 | 03:38 PM
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Default 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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