(Closed) NWR: Do you self file or use a tax pro to do your taxes?

posted 8 years ago in Money
  • poll: How do you do your taxes?

    I do them on my own the old fashioned way - on paper.

    I use the Free- E-File federal option on a tax site.

    I pay a small fee for a tax software or deluxe e-file option of a tax site.

    I pay a Tax - Pro - I get a rediculously good deal.

    I pay a Tax - Pro - It's expensive but worth it.

  • Post # 32
    Member
    787 posts
    Busy bee
    • Wedding: May 2014

    My mom is a CPA so she does mine and my FI’s.

    Post # 33
    Member
    1908 posts
    Buzzing bee
    • Wedding: May 2014 - Madison, WI

    I use Turbo Tax. One year I was mainly self employed and went to a pro, they screwed it up so badly! They used the wrong W-2 for the two weeks I was employed at a company, made me pay taxes to two states – one state sent me my money back! It was so messed up and so not worth it for the cost. If I was still self employed maybe I would have found someone else, but for now I do just fine doing in on my own with Turbo Tax.

    FI’s mom is a CPA, he refuses to let her do his/mine/our taxes. She’s to open with the information. For example she’s told us everyone else’s salary in the family whose taxes she does take care of! We love her, but that’s no one buisness but our own.

    Post # 34
    Member
    8600 posts
    Bumble Beekeeper
    • Wedding: September 2015

    other. 

    I use a very experienced tax attorney who year after year HOOKS IT UP with savings.

    Dear old Dad 🙂

    Post # 35
    Member
    2181 posts
    Buzzing bee
    • Wedding: August 2015

    I use the free version of TurboTax for my federal taxes, and then use a free online state filing for my state taxes. I don’t make enough money for it to be worth it ot pay $40 for the state version.

    My taxes are really simple because I don’t have any investments or anything. Fiance pays for a higher version of TurboTax because he has some investments. Once we’re married I imagine we’ll just use the paid version of TurboTax.

    Post # 36
    Member
    7813 posts
    Bumble Beekeeper

    Depends if I’m consulting under my corporation. If I am, a chartered accountant prepares my return. If I’m full time, I can do it myself. We have rental properties, but I’ve learned to manage that properly on my return.  

    Post # 37
    Member
    469 posts
    Helper bee

    I do my own on paper, my parents made sure I learned how to when I was old enough to do them, and actually had an income.

    I’ve been offered the free services of my FSFIL, who’s a chartered accountant, but I don’t feel comfortable with my Future In-Laws knowing my income.

    Post # 38
    Member
    3879 posts
    Honey bee
    • Wedding: July 2012

    @Kate0558:  turbo tax

    Post # 40
    Member
    1269 posts
    Bumble bee
    • Wedding: June 2014

    My dad does mine. So mine get done for free.

    Post # 41
    Member
    361 posts
    Helper bee
    • Wedding: September 2013

    I do my two BFF’s & their husbands, my dads, sometimes his girlfriends, occasionally another friend or two, and this year I’ll add my SIL and Brother-In-Law…oh yea and DH’s along with mine! DH has an S-Corp so the accountant is doing the business and handing everything over so I can do our joint. I usually get a software program but I hate it because it assumes you don’t know what you’re doing and will make the wrong entries if you get a complicated situation and won’t let you e-file if you override it. 

    I also work part time during the season for a CPA preparing taxes and use a much more sophisticated program there. Just remember not all pros are the same. Sometimes CPA’s and Certified Agents are more experienced and cheaper than the big box tax places! 

    Post # 42
    Member
    361 posts
    Helper bee
    • Wedding: September 2013

    @pocketfox:  If your Future Sister-In-Law is a pro then she probably wouldn’t discuss your private details with anyone in the family. She probably also doesn’t care what your income is, after a while it’s just numbers. She may also notice something that another pro might not bother with since she’s doing it for family. 

    Post # 43
    Member
    6533 posts
    Bee Keeper
    • Wedding: February 2014

    We do ours with Turbo Tax. It’s not that hard!

    Post # 44
    Member
    343 posts
    Helper bee
    • Wedding: May 2014

    I used to do Turbo Tax until I started investing in real estate with a couple of my cousins.  Now I hire someone bc the state returns in particular can get really complicated!  But if I wasn’t in a weird investment with multiple people, I would still be Turbo Taxing it up!  

    Post # 45
    Member
    469 posts
    Helper bee

    Not Future Sister-In-Law, step father in law, and he would tell FMIL because they both believe they have a right to know their children’s financial information. They’ve both asked me how much I owe in credit card and student loan debt, and we’re not even married yet.

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