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Owned by Sammy
TeamWarfare Vet
01-31-2011 08:38 PM / profile

I need to get a large refund this year to wipe out most of my tax debt. They advertise that they find more money if you go through them. They also have higher rates. Much higher rates than the woman I usually go to. She charges $25 dollars.

I need to make sure I get an earned income tax credit. Can I get all the same benefits from Turbo Tax? I'd gladly pay more to get the higher refund and I'm not sure I can get all of the benefits by doing the taxes myself.

Any thoughts?
Briana Banks.pZ
Whatever
TeamWarfare Vet
TWL Contributor
01-31-2011 08:45 PM / profile

Originally posted by: Owned by Sammy
I need to get a large refund this year to wipe out most of my tax debt.


Fucking taxes, how do they work?

RomneyBot
TeamWarfare Vet
01-31-2011 08:51 PM / profile

Originally posted by: Clessie Lyle
Originally posted by: Owned by Sammy
I need to get a large refund this year to wipe out most of my tax debt.


Fucking taxes, how do they work?


I got ripped last year. It's another story that I probably shared.

Either way I owed more than I could afford to pay, so I worked out a monthly deal with the IRS which I have 3 years to pay off. Whatever return I get this year goes directly to them. Which is why I need the largest return possible.

I'm excited to get on the government's tit with an EIC =)
Hotniks
TeamWarfare Vet
01-31-2011 08:59 PM / profile

I'll take an experienced accounting firm over H&R anyday.
RomneyBot
TeamWarfare Vet
01-31-2011 09:01 PM / profile

Originally posted by: Hotniks
I'll take an experienced accounting firm over H&R anyday.


There aren't really many around here. A lot CPA's will do it on the side by posting ads in the paper. We really Liberty, Jackson Hewitt, and HR Block's besides all the part timers.
MacArthur
Commissioner

01-31-2011 09:05 PM / profile

I would say either go to a CPA or go get turbo tax. The Tax preperation services use people that are trained for a few hours then sit at a monitor and run their own "tax preperatin program" Think about it.. these are people that only work for 2 months.. what do they do the rest of the year???

I would rather trust the fry guy at Wendy's to do my taxes than them!

TWL|MacArthur
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82nd Mofo
TeamWarfare Vet
01-31-2011 09:07 PM / profile

Originally posted by: Owned by Sammy

I need to make sure I get an earned income tax credit. Can I get all the same benefits from Turbo Tax? I'd gladly pay more to get the higher refund and I'm not sure I can get all of the benefits by doing the taxes myself.

Any thoughts?

I just did mine yesterday with turbotax's web version. It automatically gave me teh earned income credit. I used the deluxe version (a step up from basic) because i had some other credits i wanted to make sure i went through...but turbotax is ALL you need.

Dont forget to get you'll need your motor vehicle tag receipt to show ad valorem taxes paid, you'll need a 1099 from teh bank if you paid interest on a loan, you'll need to know from your county property tax dept how much you paid in property taxes...and of course anything else.

But ya, turbotax wont let you miss anything. If you dont have a form, save it and come back later before submitting it.

It cost me about 67 bucks to file my federal and state. Another 30 or so to have it direct deposited. Dont be illusioned by the low prices anyone gives you. Its going to cost you $75-100.
Racheli

TeamWarfare Vet
01-31-2011 09:08 PM / profile

http://www.irs.gov/individuals/article/0,,id=150557,00.html
RomneyBot
TeamWarfare Vet
01-31-2011 09:12 PM / profile

I don't have a car payment. So do I still need the motor vehicle tag receipt. Also. What is that? Haha.
Briana Banks.pZ
Whatever
TeamWarfare Vet
TWL Contributor
01-31-2011 09:30 PM / profile

Originally posted by: Owned by Sammy
Originally posted by: Clessie Lyle
Originally posted by: Owned by Sammy
I need to get a large refund this year to wipe out most of my tax debt.


Fucking taxes, how do they work?


I got ripped last year. It's another story that I probably shared.

Either way I owed more than I could afford to pay, so I worked out a monthly deal with the IRS which I have 3 years to pay off. Whatever return I get this year goes directly to them. Which is why I need the largest return possible.

I'm excited to get on the government's tit with an EIC =)
This is 100 times funnier because I just realized you're Cummins

The_Misfit
Got Rings?
TeamWarfare Vet
01-31-2011 09:49 PM / profile

I used H&R Block's website to do mine this year, after having paid a CPA the last 4 years to do my taxes. The big diff this yr was the lack of itemizing, it just didn't pay off.

I'd take software / web based over someone that is basically using the same thing and getting a fee for it (jackson hewitt, hr block etc..). Otherwise its time to shell out the extra $ for a CPA.
burn!
Actual Veterinarian
01-31-2011 10:05 PM / profile

http://www.google.com
Abaques
TeamWarfare Vet
01-31-2011 10:30 PM / profile

I just used H&R Block's online tool to file tonight. It did not take me all that long. I used to file by hand, but the $50 it costs me fill everything out online is worth it to save me the hassle.
82nd Mofo
TeamWarfare Vet
01-31-2011 10:40 PM / profile

Originally posted by: Owned by Sammy
I don't have a car payment. So do I still need the motor vehicle tag receipt. Also. What is that? Haha.

If you drive a car, and it has a license plate on it...you need the receipt from the license plate or decal...that shows how much tax you paid on it.

If you have a mortgage, then you paid interest on that loan. That is also deductable.

If you have a mortgage or own property, then you paid property taxes. Those are deductable.
82nd Mofo
TeamWarfare Vet
01-31-2011 10:42 PM / profile

Originally posted by: Owned by Sammy
They advertise that they find more money if you go through them.

OMG dude they all claim to find the best refund for you. Thats their business.

What is hilarious to me is that they also boast "error free calculations". Well no fucking dogshit, its a goddamn computer. Its not like its EVER going to get the math wrong. Fuck.
Questor
Shaven Goodness
TeamWarfare Vet
TWL Contributor
01-31-2011 10:48 PM / profile

Originally posted by: 82nd Mofo
Originally posted by: Owned by Sammy
They advertise that they find more money if you go through them.

OMG dude they all claim to find the best refund for you. Thats their business.

What is hilarious to me is that they also boast "error free calculations". Well no fucking dogshit, its a goddamn computer. Its not like its EVER going to get the math wrong. Fuck.


That's not what they are referring to. They are saying that their program calculates correctly according to what the tax code says they should be deducting, etc.

Questor
Shaven Goodness
TeamWarfare Vet
TWL Contributor
01-31-2011 10:50 PM / profile

I prefer Simply Tax because I've always liked their GUI better, but Turbo Tax will get the job done too.

And you are all correct about the smaller, independent accounting shops using these same programs and charging you $100+ to basically do data entry.

For reference, we itemize every year and have a home-based business (LLC structured for tax purposes as a sole proprietorship) that has deductions associated with it. Simply Tax handles this with ease.

Pixel
Peter Bread!
TeamWarfare Vet
01-31-2011 10:53 PM / profile

Originally posted by: Owned by Sammy
Originally posted by: Clessie Lyle
Originally posted by: Owned by Sammy
I need to get a large refund this year to wipe out most of my tax debt.


Fucking taxes, how do they work?


I got ripped last year. It's another story that I probably shared.


it's a known fact that pretzel factory assembly line workers are often the target of socialist communist taxations. you should switch to tortilla chips. given that they are more of an immigrant snack food, and poor immigrants are far more likely to support the truly oncoming marxist revolution, there is far less chance that you will be targeted next year.

so get tan and start making tortillas. abandon the white aryan pretzen snack business cummins. go get some mexican 'corn flour' up in you.
Post edited by Pixël at 1/31/2011 11:26:10 PM

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The right is more virtuous than the left. They have twice as many virtues because they have double the standards.

Puckfist
TeamWarfare Pet
02-01-2011 01:36 AM / profile

*puts on his Leonidas hat*

*kicks Cummins*
Post edited by Puckfist at 2/1/2011 1:37:14 AM
Aria Giovanni.pZ
Adapt
TeamWarfare Vet
02-01-2011 02:58 AM / profile

CUmmins, you fail at life.
Stoneymontana
New ride!
TeamWarfare Vet
02-01-2011 07:25 AM / profile

I can't believe some of you are paying that much to have your taxes done online.
Fuck that noise.

http://www.freetaxusa.com

They electronicaly file your federal for free plus have it directly deposited to your bank account for free. Usually only takes about 8-10 days till you receive your cash.

It does your state for free but only if you want to print it out & mail it in. Or you have the option to pay $9.95 & they e-file it for you & it does the same, it deposits it in your bank account. Same time frame, 8-10 days for your cash.

The program is pretty much idiot proof.

Post edited by Stones at 2/1/2011 7:27:05 AM
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