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#1 (permalink) |
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Greenhorn
Join Date: Jul 2007
Posts: 29
Rep Power: 2
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With the house, my shareholding in part of a stock and income tax, should I just get turbotax and do my own taxes this year or pay a professional again?
I've done my taxes before the house and they were easy, but I'm worried I may mess something up. |
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#2 (permalink) |
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Administrator
Join Date: Aug 2006
Location: Central CT
Age: 28
Posts: 509
Rep Power: 10
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i use taxcut. professionals are over-rated IMO.
taxcut comes with audit support too, so if you ever get audited for a return you filed through them, they will front the litigation costs. |
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#3 (permalink) |
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Super Moderator
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using a professional is overrated. i read on msn that tax professionals make more mistakes than people doing it at home. often mistakes come from just running through forms and reports since they do so many. they just make errors. people who do their own taxes are very conservative and more meticulous.
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#4 (permalink) |
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Greenhorn
Join Date: Aug 2006
Age: 28
Posts: 26
Rep Power: 3
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I say it depends on how simple or complicated your tax return is.
My job is to save my clients as much money as possible. We also get to fix mistakes that other "professionals" have made. All depends on who you go to. If they know their stuff then it can be money well spent. But if you just have a W2 and some itemized deductions then do it yourself. |
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