Tax Time in the US

Lamb

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Do you do your own taxes or do you pay an accountant? Do you have a lot of forms to fill out and submit?
 

psalms 91

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I always did my own when I paid them, my income now is tax free
 

Tigger

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We do use a tax preparer. At least the following year you can deduct the cost from your taxes.
 

Lamb

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When we lived in Indiana we had a friend who prepared our taxes for us. It was nice. But now that we've moved we use tax software and sometimes the wording is awful and hard to understand! Plus the site had glitches and we have to wait for it to get fixed after we report it before we can continue.
 

tango

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The only time I'd use a tax preparer is to handle a specific situation and then I'd want exact copies of every form submitted. The last thing I need is a tax preparer who has things set up such that I can't figure out what was filed, knowing that if I file myself and use a different calculation method things will mismatch.

If I do it myself I can fathom it all out and maintain control over the whole thing. If I was confident that a professional would save me more in taxes than they charged me I'd look into it but at present I think I'm pretty good at reading the forms and calculating the best way to process everything. Once you've done the work to understand what goes on which form it's vastly easier in subsequent years.
 
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