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Tax Prep


Texsox

  

17 members have voted

  1. 1. Who Prepares Your Taxes?

    • Myself / Spouse
      2
    • Parent / Child Relative / Untrained Friend
      3
    • On-Line Service
      5
    • I buy a box (TaxCut etc. software
      3
    • Corner Tax Office
      1
    • CPA / Personal Accountant
      2
    • I do not need to file
      1
    • Yeah, I?m the taxman
      0


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I used to do it myself until someone turned me onto the box. I love the fact that they import all of your information if you use them every year, so it literally takes me five minutes to do my federal and state tax returns. It is worth the money. Plus the efile option and getting your money in about a week and a half is sweet.

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QUOTE(southsider2k5 @ Feb 7, 2008 -> 07:53 AM)
I used to do it myself until someone turned me onto the box. I love the fact that they import all of your information if you use them every year, so it literally takes me five minutes to do my federal and state tax returns. It is worth the money. Plus the efile option and getting your money in about a week and a half is sweet.

 

My dad uses one of the boxes for all of his clients.

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Box :headbang When I had international income and gobs of business expenses, it paid to have a textax specialist handle my returns. Now I can just open the box and away we go. Thanks for the tip SS, I didn't realize it imports from last year, I guess I will stay with what I did last year.

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QUOTE(Steve9347 @ Feb 7, 2008 -> 10:02 AM)
Which is better with the added mortgage, box or using an H&R Block type of place?

 

The seasonal employees at H&R etc. IMHO are live "boxes". They use the same flow chart kind of process that the box uses. If you really want or need advice, you need to go a step or two up from those people.

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I think I'll just pick up Turbo Tax Deluxe for Fed/State this weekend (i presume if its ordered online they just let you download it) and then I'll take care of it Saturday night.

 

As a new homeowner, is there anything I should know about re: deductions? Will TTd take care of those for me?

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QUOTE(Steve9347 @ Feb 7, 2008 -> 11:45 AM)
I think I'll just pick up Turbo Tax Deluxe for Fed/State this weekend (i presume if its ordered online they just let you download it) and then I'll take care of it Saturday night.

 

As a new homeowner, is there anything I should know about re: deductions? Will TTd take care of those for me?

 

It will ask you a bunch of questions at the beginning, including if you have had any life changes in the last year (new house, job, baby etc). Based on those answers it will walk you through the forms you need, and it will compare whether the standard or itemized deductions are better in your specific case. I have used TaxCut by HR Block for 5-6 years now, and I love it. It is really simple to use.

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QUOTE(southsider2k5 @ Feb 7, 2008 -> 02:26 PM)
It will ask you a bunch of questions at the beginning, including if you have had any life changes in the last year (new house, job, baby etc). Based on those answers it will walk you through the forms you need, and it will compare whether the standard or itemized deductions are better in your specific case. I have used TaxCut by HR Block for 5-6 years now, and I love it. It is really simple to use.

Last year I was really lazy and used H&R on-line. I assumed they used the same program. Now I'm wondering. The price was about the same.

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