Post # 1
Hi ladies! I’ve filed using TurboTax for the past 4 years and have been very happy with it. As Darling Husband and I were married this past July, we will be filing jointly and are discussing how to go about doing it. I’m still thinking turbotax, he wants to go to hrblock.
I don’t think we have a crazy complicated return: I have my full-time job, HSA and some school expenses (I’m back in grad school- though my company pays for most, I paid the deposit and text books, a few thousand). He left his job to go back to school (which is paid for by someone else, so not being claimed) and works 2 part time jobs, so 3 W-2s. No property, nothing else.
What did you do? What would you recommend based on your experiences? Also, if you’re in chicago, can you recommend a professional to go to (am concerned going to an HR Block staff member with just 6 weeks of class under their belt- I’ve heard both good and bad things). Any cost benefit of going to a pro vs Turbotax?
Post # 3
if you’re not itemizing then do them yourself. filing jointly doesn’t add any difficulty to doing them. don’t pay someone to do them for you. it’s not worth it. i’ve always done my own taxes and after we got married, i do them jointly. i go through the IRS website and e-file them.
ETA- i do them myself because we don’t have any property either. we claim the standard deduction because there’s nothing to itemize. if we owned a house, i would probably have someone prepare them for me (depending on how much more difficult it would be).
Post # 4
Turbo Tax is just fine. I have used the premium additions even when I was a landlord. Its a good idea to do your own so you can see how your decisions affect your taxes.
My father uses turbo tax and he has verrrrry complicated taxes and it works for him very well. He can often do the taxes better than an actual tax accountant because he knows his own business, properties, investments, strategies etc. So its not the software that anyone should worry about, but the person using it.
Yours are simple so save yourself the trip and money and use TurboTAx
Post # 5
I worked for a CPA for 3 years and for your type of return, you could really do it yourself. I would recommend at CPA though if you want to go professional. At times, it could even be cheaper than H&R Block.
Post # 6
Definetly use Turbotax – in a case like yours, they will walk you step by step through the input, and the only complex item is your HSA.
Post # 7
Thanks ladies! I appreciate your input- it helps to get the feedback that I’m not just trying to take the cheaper way out and it really will be good for us.
I’m going to talk to Darling Husband about it again tomorrow and try to convince him Turbotax is fine.
Post # 8
I would run through turbo tax, see what the numbers say… Then maybe run it by an H&R block person to ease hubby’s mind. Ours here will look at your tax papers for free or a small amount to see if anything is majorly wrong.
Post # 9
We had this same discussion – I am very comfortable filing taxes myself and Darling Husband is very skittish. We’ve agreed that this year, I can do them, but if we ever have more complicated situations or things I’ve never encountered, we’ll get them done professionally.
I plan to run the standard deduction and itemized deductions to see which is better for us, since Darling Husband has school loans.
Post # 10
I do my own taxes and they are slighly complicated by business expenses, rental property, etc.
My Darling Husband was extremely uncomfortable with taxes until we sat down and did them together. It really opened his eyes to deductions and has helped him help me at gathering documentation over the year.
I wish there was a required high school class to show kids how to do taxes. Most folks taxes really aren’t hard. Even middle class folks can take advantage of breaks…they aren’t just for rich people.
Turbo tax or other software is fine. If you meet a certain level income you can also file them for free with those softwares.
Post # 11
We thought we’d have to get someone to help us with our first year filing together but we did it through TurboTax with no problems at all. I’d recommend going that route since it sounds like your return will be fairly straightforward.
Post # 12
TurboTax worked fine for us.
Post # 13
I used the free H&R block software before we got married but Darling Husband wanted to goto H&R block after we got married so we did. It sucked, I paid $85 for the woman to go down the same list of questions that the software asked me. No insight, no thoughts as to what else we needed to do, nothing. So even though we purchased a house this year I am going to be using TurboTax Deluxe.
Post # 14
TurboTax or TaxAct would be just fine. I don’t think you can claim books for anything, but you should have received the form that says tuition paid. The HSA will ask several questions like did you have the HDHP the entire year, etc. I just did it for my H’s HSA plan.
Post # 15
Before I was married, I ownded a house, paid on student loans (interest deduction), rented an old condo, got my educator’s credit, got my first-time buyer’s credit in 2010, and deducted some of my grad schol expenses–and I always did my own taxes online through the HRblock website (for free, because I used to make just under $55,000 a year). It was super simple.
Since this year, I’m married and Darling Husband makes 3 times what I make, we’ll have to pay to E-file, but we’ll still do it ourselves, either using turbotax or HRblock online.
You can totally do it yourself with software–it prompts you through everything you’d ever need.
Post # 16
@BookGirrl: http://www.taxact.com/ This says free for everyone! We’re over the usual AGI too.