How do you pay the piper?

How do you prepare your income taxes?

  • Free online form and filing

    Votes: 1 3.2%

  • Pay private tax professional

    Votes: 12 38.7%

  • Use HR Block type tax service

    Votes: 1 3.2%

  • Intuit Turbotax

    Votes: 14 45.2%

  • Kiplinger Taxcut

    Votes: 1 3.2%

  • Make our company finance department do them

    Votes: 0 0.0%

  • Other

    Votes: 2 6.5%
  • Total voters
    31
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nosuchreality

Well-known member
Tax time cometh.  thoight I'd check in and see how TIers do them.

Thinking of switching back to doing them ourselves with the software.
 
irvinehomeowner said:
HR Block's tax software, comes with free human consult if needed because I'm not a qwercpa.
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HR block is amazons dotd, so I'm gonna go solo this year, haven't done my own taxes for awhile, so as I recall just get the federal program with efile and then just plug in the same numbers on the states ftb site and file for free?

If you get the download from Amazon, you might have credit in your account for software, I had $3 credit from a deal I don't even recall.
 
Darn, could've saved some money, just found out I get Turbo Tax free due to being a client of my financial institution. 
 
ps9 said:
Darn, could've saved some money, just found out I get Turbo Tax free due to being a client of my financial institution. 
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But which version of TT? If you're a homeowner, I think that bumps you up one, and since you invest, that bumps you up another.
 
I've used Tax Cut, now an H&R Block owned property, since it first came out (2001-ish?). Easiest software around IMHO
 
Hate doing taxes!  First time doing my own taxes since 2010.  Using the H&R block software I got from Amazon.  Just filed federal.  H&R wants $20 to file state.  I remember that I can just plug in numbers myself at the state ftb site and file for free..
 
TurboTax is great. If you have many stock sales, or non-W2 income (like rental property income), you might want professional help.
 
Perspective said:
TurboTax is great. If you have many stock sales, or non-W2 income (like rental property income), you might want professional help.
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Not that hard to keep track.
 
I've been using Turbo Tax for 10+ years to do my taxes.  This year it look me about 4 hours to do them and it was over 120 pages.  haha
 
qwerty said:
Why would you want to give the govt more than you have to. Just cut the check man.
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It's a pretty big check and the penalty keeps getting higher.

I'm lazy and as much as I don't like big gov... I gotta reduce the headache.
 
irvinehomeowner said:
qwerty said:
Why would you want to give the govt more than you have to. Just cut the check man.
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It's a pretty big check and the penalty keeps getting higher.

I'm lazy and as much as I don't like big gov... I gotta reduce the headache.
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Just buy Legend Plan 3 in BP, your deductions will go through the the roof.
 
Owning property is such a pain.

When we sold a home we rented out for only 5 years, the depreciation tax hit was not something we had anticipated. So lame, they tax you when you gain but not when you lose.
 
irvinehomeowner said:
When we sold a home we rented out for only 5 years, the depreciation tax hit was not something we had anticipated. So lame, they tax you when you gain but not when you lose.
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You took depreciation when you rented the home out and when you sell you property, you basically pay it back - depreciation recapture.  It should be net 0.
 
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