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Gen. Chat “Taxes!!!” by pamelaNeko

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pamelaNeko 3 years ago on 01/25/11
Equipped: Devo Hat named "uncontrollable urge!"
How do you do your taxes??

I've been using the H&R Block online tool for years b/c I like how easy it is. It gives me a good idea of my refund amount, but I don't file through it if I can find a cheaper or free option.

For 2008 & 2007 returns I had an accountant friend who prepared my forms and filed for me. That was awesome.

This year is a but more complicated with two state returns and job-related moving expenses. I'm reporting side job income (technically self-employment) and deducting expenses. I'm a bit nervous that I should have an accountant look over it before I file.

I'm curious to hear what other OBers do during Tax Season!
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Nowhere Man 3 years ago on 01/25/11
Equipped: Pocket Link
If you make under 80k/yr and have no dependents you can file your federal tax return for free online. Most places will charge $20 or more to throw in State tax return.

http://www.irs.gov/efile/article/0,,id=118986,00.html

I'm going to give the TurboTax SnapTax application a whirl this year. Take a picture of your forms and it auto-fills everything out right in the application. It's on Android and iPhone. Costs $15 to file, though.
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nomad 3 years ago on 01/25/11
Equipped: Cockblast of Vengence named "A burst of rainbow fruit flavor in your mouth"
I usually do them really really mad, then sad and then I cry a little.
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Orgato 3 years ago on 01/25/11
Equipped: Cockblast of Vengence
Turbotax rocks, I've used it the last couple years.
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Bad Wolf 3 years ago on 01/25/11
Equipped: SPORK OF ENLIGHTENMENT named "El Cuchador"
I found a guy that was referred to me from a bardtender at my job at Friday's who specializes in doing taxes for servers. The government never takes into consideration the percentages of tips that we have to give to the bartenders and busboys, which after a whole year adds up to a whole lot that they thought we just put in our pocket. Hopefully I'll be getting a much better chunk of money this year when I get them done (and considering how I'm unemployed now, I could really use it).
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Scarlett 3 years ago on 01/25/11
Equipped: Home Pregnancy Test named "Too little, too late"
Jackson Hewitt has never let me down!
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RogueSamus 3 years ago on 01/25/11
Equipped: Pocket Link named "Snooki"
I used to LOVE to do taxes, it was such a mathematical challenge. I'd sit down in a pile of W2s and draw it up long form and short form and compare to see if one was better, and calculate it out then punch it into the free federal site and be done.

But now, 401Ks and HSAs fuck up shit a LOT and now i sit down in a pile of W2s with a wine glass in my hand and punch numbers into TurboTax and am wasted by the time I'm done. This year we're gonna have to PAY like a thousand damn dollars.

BEING A GROWNUP SUCKS

have someone else do it it'll be worth the money, or at least use a tool like TurboTax (does HR Block have it too) that picks out audit flags, that makes me feel better that i'm not gonna get busted for doing taxes drunk.
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Kumba 3 years ago on 01/25/11
Equipped: Portable Campfire named "Flame Imperishable"
I use the H&R Block software installed to my system. Online is nice, but I'm not trusting enough to let them keep my data on their servers. Plus, I back the data up to my ironkey when not in use. I looked at TurboTax, but when you need the higher versions (like for self-employment and such), H&R block's software is almost $30 cheaper than the comparable TurboTax version.

The only nagging bit is when the H&R Block software runs an update, they freeze the entire system. Apparently their update window is switching into a system modal window or something.
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NekoStar 3 years ago on 01/25/11
Equipped: Nunchiaku named "Turtle Power!"
I give everything to my Mom.

I am overjoyed that she is an accountant, but the one day when she decides to stop doing them for like, my entire family, I will be clueless.
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Lamb Eater 3 years ago on 01/25/11
Equipped: Tear-stained Emo Poetry by Cougar Meat named "I paint my nails black"
I've used H&R, TurboTax, TaxAct and doing them by hand. TaxAct got me the same amount on return as H&R and TurboTax....and its free to file federal through them, cheap to do state too.
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Uppity Negress 3 years ago on 01/25/11
Equipped: Chicken & Waffles named "The Official Uppity Negress Breakfast"
NekoStar said:
I give everything to my Mom.

I am overjoyed that she is an accountant, but the one day when she decides to stop doing them for like, my entire family, I will be clueless.


Thiiiis, Dad works for H&R Block as a "I'm retired and bored" job so I haven't even SEEN my W2s. I wouldn't know WHAT the fuck to do with them.
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Duck 3 years ago on 01/25/11
Equipped: +3 Vibrating Duck of Doom
Oh god, I am so bad with taxes and really terrified about talking to people about my money.

So, I have a job, a 401k, some investments, a mortgage and self employment and I still use H&R Block online(I do use the fancier option). Ughhhhh.
PS: I'm actually not BAD with taxes. I just don't feel ready to talk to a financial advisor.
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Fievel 3 years ago on 01/25/11
Equipped: Kiss from Creepy Stalker named "A kiss from the shadows"
When I first started doing my taxes, I did it by hand, using all the forms I'd pick up from the post office. Now I use whatever system is the cheapest. For years I did TurboTax and just bought the $50 standard installation kit, but then last year I used H&R Block because it was free and the State price was $15 cheaper than TurboTax. This year I did it through TurboTax because it was free and the State was $10 cheaper than H&R Block.

I've never seen any kind of major deviation in return between H&R and TurboTax, and I've even done my taxes through both system in the same year to check.
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Put A Bird On It! 3 years ago on 01/25/11
Equipped: N00dz of Sephiroth named "(meow)"
I used to use TurboTax online because it was free, but switched to H&R Block's online tool this year after screwing up last time.

It didn't have anything to do with TurboTax, I just didn't realize until the end that it's only free if you make under something like 31K a year. I thought it was the same everywhere so I just went ahead and paid, and only found out later that other companies have a higher cap. With H&R I think it's either 52K or 58K, so I was still able to do federal for free that way.
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LostDecoy 3 years ago on 01/25/11
Equipped: Coupon For Free *unf unf unf*
I use Turbotax as I have been using them for years and everything is already in the system. I find discount links each year so I get 25% off the cost every year so it's not a HUGE fee but it's still there. I don't have too much investments but I claim my mom as a dependent since I am head of household with her being disabled & it makes my life easier with putting in medical expenses and all that fun stuff.

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Major G 3 years ago on 01/25/11
Equipped: Flux Capacitor named "GREAT SCOTT!!"
I use TurboTax online. Since they keep all the info on their servers, it's usually a snap to use. The only snafu was last year when I was an "independent contractor" which technically counts as self-employed, so I actually had to go through all my receipts and estimate my income & expenses since I never actually got a check. I never actually ended up filing, though, but luckily, I shouldn't owe anything. I'm looking forward to this year since I have a crapload of school expenses including books & my laptop.
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Tulip O'Hare 3 years ago on 01/26/11
Equipped: Used Panties From Dry Ice Dildo
TurboTax -- it was reassuringly idiot-proof for the first time I did my own taxes, so I'm sticking with it for the foreseeable future.
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Lord_BullGod 3 years ago on 01/26/11
Equipped: Triforce named "ONE RING TO RULE THEM ALL!!!!!!!!"
My brother, sister, and I have NEVER done our own taxes.

My uncle does them for us every year.
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Ak 3 years ago on 01/31/11
Equipped: Chicken & Waffles
to any tax buffs:

I work in PA, but live in DE. on my w-2 is a filing copy for federal and for DE. Do I HAVE to fill out one for PA? Word on the street is that i can claim a credit for paying PA taxes. Anyone know what the deal is with this?
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Rexall 3 years ago on 01/31/11
Equipped: Totoro Plushie named "when i think of you...ooooh..."
You will claim credit in PA by showing the amount of state taxes you have paid in DE.

However, if your PA tax is higher than your credit, you will still have to pay the difference.

This happens to me all the time for working in NY but I live in NJ.

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