Taxes

Coffee talk.
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NewtonHawk11
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Taxes

Post by NewtonHawk11 »

First year I'm doing it on my own with TurboTax.

Anyone else have any experience with that or HR Block?

Seems pretty easy and much cheaper than what I paid my CPA for the last few years. Granted, my wife and I are pretty simple. No investment properties. Just mostly 1 job each and then kids stuff which is easy to track.
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Deleted User 62

Re: Taxes

Post by Deleted User 62 »

Turbo Tax and HR Block are nearly identical.
Deleted User 89

Re: Taxes

Post by Deleted User 89 »

except HR block is more expensive, in my experience
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Geezer
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Re: Taxes

Post by Geezer »

I've used Block since it was Kipplinger's Tax Cut.
Never had a problem.
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CrimsonNBlue
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Re: Taxes

Post by CrimsonNBlue »

Support the small local shop: HR Block.

I do know that they hire attorneys on contract for this time of year if you need to call in on anything.
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zsn
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Re: Taxes

Post by zsn »

Used TurboTax for about a couple of decades now, and it's straighforward (Federal and State), including electronic filing since it has been available. Of course, our taxes are straighforward as well. Couple of W2 incomes, 1099INT and 1099DIV, simple deductions (charitable contributions, mortgage interest, state income and county property tax) and occasional stock sales. Buy the deluxe version at Costco (~$40 with coupon) and finish everything by mid February. If we have money coming we file right away, and on April 14th if we have to pay. Easy peasy.
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Geezer
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Re: Taxes

Post by Geezer »

It dawned on me that taking everything to an accountant that I was just paying him to fill out a form. That's what software is good at. Plug in your numbers and it tells you the answer.
Do not go gentle into that good night, Old age should burn and rave at close of day; Rage, rage against the dying of the light.
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Lonestarjayhawk
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Re: Taxes

Post by Lonestarjayhawk »

I use Tax Act. I like it.
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DCHawk1
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Re: Taxes

Post by DCHawk1 »

Taxes...


...are theft!
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NewtonHawk11
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Re: Taxes

Post by NewtonHawk11 »

Geezer wrote: Thu Jan 31, 2019 7:52 pm It dawned on me that taking everything to an accountant that I was just paying him to fill out a form. That's what software is good at. Plug in your numbers and it tells you the answer.
That’s what I told my wife. For all I know, they could be using a tax software. And I pay them $150-$200. When instead, filing both federal and state is only $40 on that tax software.
“I don’t remember anything he said, but it was a very memorable speech.” Julian Wright on a speech Michael Jordan gave to a group he was in

"But don’t ever get it twisted, it’s Rock Chalk forever." MG
Deleted User 104

Re: Taxes

Post by Deleted User 104 »

NewtonHawk11 wrote: Thu Jan 31, 2019 3:38 pm First year I'm doing it on my own with TurboTax.

Anyone else have any experience with that or HR Block?

Seems pretty easy and much cheaper than what I paid my CPA for the last few years. Granted, my wife and I are pretty simple. No investment properties. Just mostly 1 job each and then kids stuff which is easy to track.
Be careful how you answer those questions. If you make a tiny mistake, the IRS may audit you and then you'll have those dumbfucks on your back for a few years. I still get letters from these morons and they have no idea what they are doing. I wish I was exaggerating but I'm not. I would never use TurboTax again after being audited for a small mistake that caused he a huge headache trying to get resolved. I pay the $100 now to a proper tax specialist and have peace of mind.

TLDR: Just do whatever you can to avoid attracting the IRS' attention.
Deleted User 104

Re: Taxes

Post by Deleted User 104 »

CrimsonNBlue wrote: Thu Jan 31, 2019 4:12 pm Support the small local shop: HR Block.

I do know that they hire attorneys on contract for this time of year if you need to call in on anything.
Could have used your fucking help when Turbotax fucked up.
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Geezer
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Re: Taxes

Post by Geezer »

Do not go gentle into that good night, Old age should burn and rave at close of day; Rage, rage against the dying of the light.
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shindig
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Re: Taxes

Post by shindig »

I use HnR block website...try to support local companies although they are a little more expense than TurboTax. I've always done mine, pretty simple. I have no kids, not married, all my investments are in 401k's or Roth IRAs. I don't buy/sell stocks, so don't have to track capital gains/losses. Home mortgage interest, property taxes and my income. Takes about an hour or so. Probably do it tomorrow morning, see what my refund is :)
Deleted User 62

Re: Taxes

Post by Deleted User 62 »

I haven't seen a refund in 15 years.
Deleted User 89

Re: Taxes

Post by Deleted User 89 »

jeepinjayhawk wrote: Fri Feb 01, 2019 12:20 pm I haven't seen a refund in 15 years.
10 years for me...and i was a grad student the majority of those years
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shindig
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Re: Taxes

Post by shindig »

Getting a refund is my only motivation to do my taxes early. Forced savings also and it feels like I'm getting a bonus :).
Deleted User 62

Re: Taxes

Post by Deleted User 62 »

shindig wrote: Fri Feb 01, 2019 12:34 pm Getting a refund is my only motivation to do my taxes early. Forced savings also and it feels like I'm getting a bonus :).
Getting your own money back with no interest earned?
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shindig
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Re: Taxes

Post by shindig »

jeepinjayhawk wrote: Fri Feb 01, 2019 12:38 pm
shindig wrote: Fri Feb 01, 2019 12:34 pm Getting a refund is my only motivation to do my taxes early. Forced savings also and it feels like I'm getting a bonus :).
Getting your own money back with no interest earned?
Yep. I can live without 2% interest.
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chiknbut
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Re: Taxes

Post by chiknbut »

DCHawk1 wrote: Thu Jan 31, 2019 8:59 pm Taxes...


...are theft!
Word!

https://twitter.com/KaitMarieox/status/ ... 7422007297
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