anybody do they own taxes?

cleanface coney

Superstar
Joined
May 26, 2012
Messages
12,157
Reputation
710
Daps
17,752
i was thinking i might learn to file myself
yall know any good programs? is there anything a nikka shoudl be looking for?
any loopholes i need to know about?

drop some info
 

The ADD

Old Master
Joined
May 11, 2012
Messages
49,114
Reputation
6,536
Daps
101,738
If you are taking a standard deduction its unwise to have someone else do them IMO.
 

Skip b

#SwiftSet
Joined
May 5, 2012
Messages
19,400
Reputation
-69
Daps
20,986
Reppin
Swiftset
i was thinking i might learn to file myself
yall know any good programs? is there anything a nikka shoudl be looking for?
any loopholes i need to know about?

drop some info

Let Turbotax walk you through the steps and you have nothing to worry about



:heh: at any idiot who is paying others(temp workers) to do they taxes, in this day in age
 

Rawtid

Veteran
Supporter
Joined
Jun 23, 2012
Messages
43,323
Reputation
14,678
Daps
119,448
There are things worth paying for and an accountant is one of them.
 

cleanface coney

Superstar
Joined
May 26, 2012
Messages
12,157
Reputation
710
Daps
17,752
If you are taking a standard deduction its unwise to have someone else do them IMO.

what you mean by standard deduction? a in the person charging me?

Let Turbotax walk you through the steps and you have nothing to worry about



:heh: at any idiot who is paying others(temp workers) to do they taxes, in this day in age

yea my aunt told me turbo tax but aint know forsure

any loophole or tax breaks to check out for
or is that something i gotta research myself
 

The ADD

Old Master
Joined
May 11, 2012
Messages
49,114
Reputation
6,536
Daps
101,738
what you mean by standard deduction? a in the person charging me?



yea my aunt told me turbo tax but aint know forsure

any loophole or tax breaks to check out for
or is that something i gotta research myself

No, I mean if you take the standard deduction from the IRS and don't itemize your return (mortgage, student loan interest, kids, etc)
 

The Bilingual Gringo

Tucked in to the socks
Supporter
Joined
May 11, 2012
Messages
4,856
Reputation
955
Daps
9,638
Turbo Tax for me

I have W2 and 1099 income, so mine gets complex at times, but it's easy w/ Turbo Tax.
 

⠀⠀⠀

Superstar
Joined
May 13, 2012
Messages
13,129
Reputation
8,352
Daps
45,062
Reppin
Socal
i don't own my own business or anything.


i use to use taxactonline until walmart and h&r block teamed up and shytted on every software by letting you file both federal and state fast online both free :krs:


i do mine using h&r block online software. fast and easy. free federal online. free state online
 

cleanface coney

Superstar
Joined
May 26, 2012
Messages
12,157
Reputation
710
Daps
17,752
No, I mean if you take the standard deduction from the IRS and don't itemize your return (mortgage, student loan interest, kids, etc)

ok i get you you think i can use the classes i been payin cash for lately
could i get that back.

sorry if my questions sound dumb bro. im just learning about all this shyt
 

Urahara_Kisuke

12th Squad O.G.
Supporter
Joined
Sep 16, 2012
Messages
3,730
Reputation
1,216
Daps
14,071
Reppin
12th Squad
i was thinking i might learn to file myself
yall know any good programs? is there anything a nikka shoudl be looking for?
any loopholes i need to know about?

drop some info

TaxACT | Free Tax Preparation Software, File Taxes Online, Free E-filing

It holds your hand all the way through. Shows how much money you owe/are getting back up at the top as you proceed through the steps. It's worth learning how to do your own taxes in my opinion, and they've made it much easier with this stuff online.
 

cleanface coney

Superstar
Joined
May 26, 2012
Messages
12,157
Reputation
710
Daps
17,752

sixsixtwo

M.O.B.
Joined
May 2, 2012
Messages
3,874
Reputation
111
Daps
2,443

The ADD

Old Master
Joined
May 11, 2012
Messages
49,114
Reputation
6,536
Daps
101,738
ok i get you you think i can use the classes i been payin cash for lately
could i get that back.

sorry if my questions sound dumb bro. im just learning about all this shyt

I'll be honest I'm not sure who that would work. In basic terms the goverment will give a person a certain set/standard deduction depending on thier filling status. You can take that or itemize if the itemize version has a higher deduction value. The link to Tax Act should help you figure out which is the better choice.
 

Skip b

#SwiftSet
Joined
May 5, 2012
Messages
19,400
Reputation
-69
Daps
20,986
Reppin
Swiftset
what you mean by standard deduction? a in the person charging me?



yea my aunt told me turbo tax but aint know forsure

any loophole or tax breaks to check out for
or is that something i gotta research myself

Any tax breaks, Turbo tax will notify you of just make sure you go to every screen so you dont miss nothing, the whole process is 1, 2, 3 and nothing to worry about though
 

unit321

Hong Kong Phooey
Joined
May 2, 2012
Messages
22,214
Reputation
1,785
Daps
23,104
Reppin
USA
i was thinking i might learn to file myself
yall know any good programs? is there anything a nikka shoudl be looking for?
any loopholes i need to know about?

drop some info
What kind of income do you have? Multiple jobs? Gambling income/losses? Outside jobs? Interest earned on savings? Capital gains from sale of real estate or stocks? Any major medical expenses like surgery? Look thoroughly at itemized deductions. You list the various deductions you can take. If it is larger than what you would get for standardized deductions, then you would fill out a 1040 A.

If you just have one job and aren't earning a lot of interest, just do the 1040 EZ and select standardized deductions (opposite of itemized deductions).
 
Top