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BigB0ss13
02/02/24 1:28:09 AM
#1:


called? Thinking about doing my own taxes for the first time ever. I'll probably use Turbo Tax. I just got 4 W2's cause last year I worked for 4 different employers but that's it. Don't got anything complicated going on. Didn't sell any stocks, didn't divorce, don't have my own business, etc.
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mgsbutser
02/02/24 1:30:13 AM
#2:


Do my own with a free software, although you can donate to it. I never do though. Everything form is automated too so it is very easy.
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BewmHedshot
02/02/24 1:30:50 AM
#3:


I just give Joe Biden the password to my bank account and let him take whatever he thinks is fair.
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Azn_Psycho
02/02/24 1:31:46 AM
#4:


I do my own. It isn't as bad as a lot of people think

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toadfan64
02/02/24 1:31:50 AM
#5:


My family has a financial advisor who does them for us. Plus gets back more than I ever would.

Also, idc how easy some people say it is to do, doing my own makes me anxious as fuck, so I feel so much more comfortable not having that on my shoulders.

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C_Pain
02/02/24 1:33:22 AM
#6:


Unless you have a lot of businesses or complex things, I would think it's easy to do your own. You just have to enter the w2s, which is very simple.

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BigB0ss13
02/02/24 1:33:33 AM
#7:


mgsbutser posted...
Do my own with a free software, although you can donate to it. I never do though. Everything form is automated too so it is very easy.


Is there a list/checklist some where that tells us all of the things we should include? I put 0 in the tax thingy for my paycheck so I should always get a refund but I am scared I forget something that I gotta file and then get fined for that mistake
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Aitz
02/02/24 1:38:54 AM
#8:


I file it on my own also file for others

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Hospy
02/02/24 2:08:59 AM
#9:


BigB0ss13 posted...
called? Thinking about doing my own taxes for the first time ever. I'll probably use Turbo Tax. I just got 4 W2's cause last year I worked for 4 different employers but that's it. Don't got anything complicated going on. Didn't sell any stocks, didn't divorce, don't have my own business, etc.
It's very easy with Turbotax, should take you two hours tops if that's all the paperwork you have. Depending on how fast you type could be as short as 15 mins.
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Bleuets
02/02/24 2:12:24 AM
#10:


C_Pain posted...
Unless you have a lot of businesses or complex things, I would think it's easy to do your own. You just have to enter the w2s, which is very simple.

very much this.
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BigB0ss13
02/02/24 2:44:42 AM
#11:


Hospy posted...
It's very easy with Turbotax, should take you two hours tops if that's all the paperwork you have. Depending on how fast you type could be as short as 15 mins.


I saw a promo video saying we can just take a picture of our W2 form. I'm assuming after we take a pic the app or program then puts that info in a form
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marthalies
02/02/24 2:46:15 AM
#12:


We use the tax professional that my wife uses for her business as well.

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NoxObscuras
02/02/24 2:51:12 AM
#13:


I do my own taxes with TurboTax. I went to H&R Block once. Not only was my return smaller with their "help", but I had to pay them like $180 for their service. Never again.

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Bass
02/02/24 3:12:48 AM
#14:


I do my own with software since they're always easy. At worst I might have a bit of capital gain/loss. Otherwise it's just stuff covered on a W2.

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Azn_Psycho
02/02/24 8:30:33 AM
#15:


BigB0ss13 posted...
Is there a list/checklist some where that tells us all of the things we should include? I put 0 in the tax thingy for my paycheck so I should always get a refund but I am scared I forget something that I gotta file and then get fined for that mistake

Overpay if you are so worried. Penalties are based on taxes owed (and unpaid) by the due date. Assuming you filed on time, you shouldn't worry too much unless you are doing something egregiously wrong

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bluezero
02/02/24 8:30:48 AM
#16:


Azn_Psycho posted...
I do my own. It isn't as bad as a lot of people think


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Spiritlittle
02/02/24 8:32:20 AM
#17:


It's not hard to open Turbotax and follow the directions.

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Kai_Laguna
02/02/24 8:51:20 AM
#18:


I just do it by hand.
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Funkydog
02/02/24 8:52:08 AM
#19:


The government does it for me

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BlazinBlue88
02/02/24 9:20:13 AM
#20:


Unless you have some complicated taxes, then using TurboTax is a scam. Just use either the free software or fillable forms the IRS have on their site.

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Trumpo
02/02/24 9:22:03 AM
#21:


Use FreeTaxUSA instead of giving big lobby TurboTax your money.

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FolkenRawr
02/02/24 9:23:26 AM
#22:


I do my own. I've used TurboTax for a very long time. This year the price jumped substantially though, so I instead filed with FreeTaxUSA

For State, Federal, and direct deposit using my return;
TurboTax - $120
FreeTaxUSA - $40

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tankboy
02/02/24 9:35:54 AM
#23:


I use TurboTax: Married filing jointly, two W-2s, various 1099s, and enough deductions to make it worth itemizing.
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TheSuperSilver
02/02/24 9:49:36 AM
#24:


My family has retained a team of accountants since I was a kid to do our personal and business taxes, payroll, etc. I'm married now with my own family and I still use them for my taxes.

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BigB0ss13
02/04/24 6:45:58 PM
#25:


Bump
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googs19
02/04/24 7:17:34 PM
#26:


I fill it out in TurboTax, then have my dad (a CPA) review is before submitting.
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Hexenherz
02/04/24 8:00:46 PM
#27:


I just useTurboTax, it's pretty easy, just make sure you have all documents you need and plug in the info.

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DarthAragorn
02/04/24 8:01:45 PM
#28:


I am a tax professional. Well barely, but I get paid to prepare them.

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Hexenherz
02/04/24 8:03:03 PM
#29:


NoxObscuras posted...
I do my own taxes with TurboTax. I went to H&R Block once. Not only was my return smaller with their "help", but I had to pay them like $180 for their service. Never again.
The deductions and credits you are entitled to vary from year to year. It's not likely you got a smaller refund because of who did the taxes, moreso just because you may have had a different situation from one year to another.

For instance normally you have to itemize deductions to claim charitable donations but for a year or two everyone qualified automatically for a 1-for-1 credit up to a certain amount even if claiming the standard deduction

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archizzy
02/04/24 8:05:31 PM
#30:


I work at a major state university. The accounting class offers to do it for free. You work with 2 students, one upper class student and one lower class student, then the professor reviews every one. I utilize this benefit and have for the last 25 years since I started working for the university and knew about it.

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Naysaspace
02/04/24 8:05:37 PM
#31:


"tax professional", by literal definition: it is their profession to prepare taxes. In reality, it's just people off the street who work at these turbotax or h&r blocks or whatnot. their job is to not make mistakes, but they cannot advise you on the best way to prepare taxes.

going with an actual professional is the best, but they are expensive.

or you could just be like my friend. he's never filed taxes in 16+ years.

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Bishop_Hastur
02/04/24 8:17:43 PM
#32:


I do mine and a few family members.

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BigB0ss13
02/04/24 8:43:10 PM
#33:


We gotta put our W2 forms for each job we worked at but what other stuff can screw us if we forget or don't know what to do in our tax return?
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#34
Post #34 was unavailable or deleted.
Will_VIII
02/04/24 8:56:54 PM
#35:


Trumpo posted...
Use FreeTaxUSA instead of giving big lobby TurboTax your money.
This. Started using this last year. Gave me the exact same result as turbo tax did too.

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CE_gonna_CE
02/04/24 8:58:07 PM
#36:


Im a CPA, but use TurboTax. It just makes the process a lot quicker and easier for me, but I know enough to check all the work or any oddities.

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Hexenherz
02/04/24 9:01:50 PM
#37:


BigB0ss13 posted...
We gotta put our W2 forms for each job we worked at but what other stuff can screw us if we forget or don't know what to do in our tax return?
Any other income, including interest from bank accounts. Not likely to cause a serious problem if you forget about this but technically still required to report it.

If you're using a tax preparation software it should walk you through each scenario

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Glob
02/04/24 9:01:57 PM
#38:


Ive never had to do anything about taxes apart from one time where I had to check with HMRC why I was on an emergency tax code.

Its always just come out of my pay and I dont have to worry about it.
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rexcrk
02/04/24 9:04:00 PM
#39:


Ive been doing my taxes on my own for like a decade now. Very easy and step-by-step with TurboTax (but I also just work lol, no property, no kids, no wife, etc. )

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Spiritlittle
02/04/24 10:03:48 PM
#40:


rexcrk posted...
Ive been doing my taxes on my own for like a decade now. Very easy and step-by-step with TurboTax (but I also just work lol, no property, no kids, no wife, etc. )
Even then the process is so simple.

No clue why idiots want taxes taught in school. It takes 30 minutes to file taxes for 90% of America.

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BigB0ss13
02/04/24 10:43:08 PM
#41:


Hexenherz posted...
Any other income, including interest from bank accounts. Not likely to cause a serious problem if you forget about this but technically still required to report it.

If you're using a tax preparation software it should walk you through each scenario

I think I got like $3-$5 interest on $130k in my savings account. I know, I gotta find a better bank than Bank of America
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Geiki_Ganger
02/04/24 10:45:10 PM
#42:


Reporting income is easy if you have a steady job; most high school students can do it.

More difficult part is knowing what deductions are available to you, as this vary greatly from person to person.

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BigB0ss13
02/06/24 8:35:25 AM
#43:


bump
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Vokrent
02/06/24 8:37:23 AM
#44:


i do my own. used to do my sister's too, but then she had a kid and started doing extra stuff and i'm lazy.

i could probably learn how to do the extra stuff but then i would expect at least some sort of payment.

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SweetNut_Farm
02/06/24 8:42:21 AM
#45:


My daughter is a CPA and she does them

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Lord_Ephraim
02/06/24 9:10:14 AM
#46:


I hate doing taxes not because it's hard, but because it's pointless.

Government already knows how much money you owe or are owed, but they make you do it anyways to satisfy people who work in the tax business. Now we have automated programs that do it for you. Now all money you paid for TurboTax goes straight towards CEOs and other lobbyists.

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BigB0ss13
02/07/24 11:48:41 PM
#47:


Alright I'm gonna do my taxes on Turbo Tax then in the future do it on something cheaper. I think Turbo Tax said their price was $30 something
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Tyranthraxus
02/07/24 11:52:46 PM
#48:


I use TurboTax because I do a lot of manual trading and that shit is hard to properly fill out but I can just SSO from TurboTax to my brokerage and it automatically pulls and fills everything out for me.

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PballDepot
02/08/24 12:12:30 AM
#49:


Always used Turbo Tax when I owned my own business since there was a lot to figure out, but now I just use a free one

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BlazinBlue88
02/08/24 5:38:55 AM
#50:


BigB0ss13 posted...
I think Turbo Tax said their price was $30 something
Lol let us know how that works out for you. Bet you it will be closer to $100.

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