Willie is doing a sale pitch for his job eh. :grandmais
i'm a cpa that will answer any questions here or at eog/sbr, just pm me
i'm not bashing turbo tax, i used to teach courses in it. the flaw in doing taxes yourself is if you don't think about things like tuition (american opportunity credit is $2500/year!), goodwill donations, residential energy credits, museum memberships, etc.
usually the savings of doing your own taxes more than offsets the benefit of having a professional do it, IF you think about deductions you might be missing or credits you could be taking. here's one that almost nobody knows - if someone owes you money and you're pretty sure they won't pay you back, you can claim it on your tax return! it's a "non-business bad debt" on schedule d and gets lumped in with other capital gains and losses, maximum net deduction $3000/year and the rest carries over.
Enfuego, listen to this man. TT is so simple stubmlb could do it with half his brain tied behind his back. It takes you through the process step for step. I bought and sold dozens of stocks, have an lic, bought a home, and many other things. All you need is your documentation and the ability to punch in numbers into a computer.
Good one...
I've been called alot of names: cocky, meathead, steroid user, pretty boy, etc.
But dumb is a new one...I shall add it to the growing list of descriptors that you hater's love to use.
i'm a cpa that will answer any questions here or at eog/sbr, just pm me
i'm not bashing turbo tax, i used to teach courses in it. the flaw in doing taxes yourself is if you don't think about things like tuition (american opportunity credit is $2500/year!), goodwill donations, residential energy credits, museum memberships, etc.
usually the savings of doing your own taxes more than offsets the benefit of having a professional do it, IF you think about deductions you might be missing or credits you could be taking. here's one that almost nobody knows - if someone owes you money and you're pretty sure they won't pay you back, you can claim it on your tax return! it's a "non-business bad debt" on schedule d and gets lumped in with other capital gains and losses, maximum net deduction $3000/year and the rest carries over.
Good one...
I've been called alot of names: cocky, meathead, steroid user, pretty boy, etc.
But dumb is a new one...I shall add it to the growing list of descriptors that you hater's love to use.