Its that time of year again
Jan 29th 2010, 6:59 pm
#31
Lost in BE Cyberspace
Joined: Oct 2003
Location: My Old KY Home!
Posts: 6,498
Re: Its that time of year again
I've used TurboTax for at least a decade, and except for the first year of our marrige, I've never had to pay. But we don't have complexities of rental income/dividend taxes/retirement taxes, etc. It's pretty straight-forward. Thought about using an accountant but I don't want to lose some of our refund to pay him/her. The amount to file with TT is not really that pricey.
Jan 29th 2010, 7:01 pm
#32
Lost in BE Cyberspace
Joined: Feb 2004
Posts: 14,577
Re: Its that time of year again
You can buy tax filing software, for very little, and set yourself up as a competitor to H&R Block. I think that's the cause of so many little tax preparation shops.
Jan 29th 2010, 10:02 pm
#33
Lost in BE Cyberspace
Joined: Oct 2003
Posts: 22,105
Re: Its that time of year again
Just plugged our W2 info into Turbo Tax to be told we owe a staggering $12k. We have nothing strange or unusual going on. We both work, both pay our taxes through work.
I thought maybe our W4's were wrong but when I do the W4 estimate, it estimates for the year we will be paying $3k less than what we have already paid through work, therefore we are paying out $15k more than their estimate.
We are going to make an appointment to go and see someone about it, but wondered if anyone had any ideas what we are doing wrong
I thought maybe our W4's were wrong but when I do the W4 estimate, it estimates for the year we will be paying $3k less than what we have already paid through work, therefore we are paying out $15k more than their estimate.
We are going to make an appointment to go and see someone about it, but wondered if anyone had any ideas what we are doing wrong
