(Closed) joint taxes for the first time!

posted 6 years ago in Married Life
Post # 3
Member
7311 posts
Busy Beekeeper
  • Wedding: October 2011 - Bed & Breakfast

I’m not nervous because we have a good accountant. If it were not for him, I’d be a bit nervous.

Post # 4
Member
2065 posts
Buzzing bee
  • Wedding: December 2011

If you guys have property or have a lot of deductions/credits, I’d recommend using a professional CPA for the first time. I’m an accountant, just not yet a CPA, so I don’t exactly feel comfortable doing our taxes for the first time as married since we have all kinds of mortage deductions, student loan interest and other things he deducts for work on his returns.

However, if you don’t own a home or have lots of complicated deductions/credits/etc, something like Turbo Tax should be simple enough to figure out. One of the first questions during the process is if you had any “life events” this year-marriage, death, babies, etc and you can go from there.

Post # 5
Member
390 posts
Helper bee
  • Wedding: September 2012

From a CPA, taxes for a married couple filing for the first time shouldn’t be too complicated especially if you use something like turbo tax.  Even if you own a home it’s not complex.  What becomes complex is for the next year trying to figure out how much with withhold. This year you will have more than likely overpaid and will get a refund as you were more than likely withholding as single filers, but for your return you were treated as if you were married the full year.

Post # 6
Member
2183 posts
Buzzing bee
  • Wedding: November 2011 - Florida Aquarium

We’re letting a pro handle this! We’d much rather pay someone and get it done right than try to figure it ourselves.

Post # 7
Member
7173 posts
Busy Beekeeper

I was very nervous! – mostly because I wasn’t sure if we would owe… and, go figure, Darling Husband wasn’t having enough taken out of his paycheck so we owed.  That sucked – but at least we got things squared away for this next year! 🙂

Post # 8
Member
3068 posts
Sugar bee
  • Wedding: May 2011

If you are married, don’t you get more money back?

Post # 9
Member
2142 posts
Buzzing bee
  • Wedding: August 2010

Not really.

We just gave everything to our accountant and let him make the judgement on whether we should file jointly or seperately. At the end of the day we filed jointly. I think our return was a bit lower last year but not by too much. But I did readjust my with holdings.

Post # 10
Member
1798 posts
Buzzing bee
  • Wedding: August 2011

I’m not too nervous about it. Our tax situation is pretty standard. We always used to single file with turbo tax, so we will be using it this year for our joint filing. 

Post # 11
Member
26 posts
Newbee
  • Wedding: August 2012

We’re going with an accountant next year — we’re getting married this summer — but that’s mostly because Fiance has a small business anyway. I think you get more money back when you’re married?

Post # 12
Member
11391 posts
Sugar Beekeeper
  • Wedding: December 2010

No I wasn’t nervous! We just let the pros handle it!! 

Post # 13
Member
1048 posts
Bumble bee
  • Wedding: June 2011

YES!  Because i don’t want to owe!

Post # 14
Member
843 posts
Busy bee
  • Wedding: June 2011

Thankfully I married an accountant!

Post # 15
Member
1175 posts
Bumble bee
  • Wedding: June 2011

I used to do my own taxes but Darling Husband has an accountant since he also has his farming income/expenses to file.  I’m not sure if his accountant will be doing mine this year too or not…I should ask him about that!

Post # 16
Member
390 posts
Helper bee
  • Wedding: September 2012

MsFarmer  you should only be doing 1 return this year since you were married during the year.  No need to file 2.

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