Do It Yourself Income Taxes

The high cost of getting your taxes done by a professional agency are esculating higher and higher. More and more individuals and families are turning to doing their own taxes and avoiding the high cost of preparation and e-filing.

I used H & R Block for many years to get my taxes done and was very pleased. As I was sitting there answering questions and providing documents I was asked for, I began to pay attention to what the agent was really doing. I thought to myself, she's using a software and I can too. I went ahead with the interview and the following year, I purchased Turbo Tax. I did my own little experiment by preparing my taxes using Turbo Tax. No, I had never done taxes before but I was confident that I could. When I finished my taxes, I e-filed them myself. I provided the necessary information on my tax form for direct deposit. In about 10 days, my money from the IRS was in my bank account. I was very proud of myself for this accomplishment and now I do taxes for others too! No one that I done taxes for has ever been audited or had any incorrect information to hold up their taxes. So in short, if I can do my own taxes, so can you. It just takes a little time and to pay attention to what you're doing, just like anything else.

TurboTax Deluxe guarantees your biggest tax refund by finding and maximizing your deductions Uncovers over 350 deductions including mortgage interest, charitable contributions, and more Guides you through changes in your tax situation and lets you know how they will impact your taxes Audit Risk Meter helps you reduce your chance of an audit Free Federal E-File—receive IRS confirmation and get your refund in as few as 8 days.

 

TurboTax Premier guides you step-by-step through investments and rental property income Assists with stocks, bonds, mutual funds and employee stock plans Provides extra guidance for rental property income, expenses and refinancing Free Federal E-File—receive IRS confirmation and get your refund in as few as 8 days Plus, includes a download of one TurboTax State product

 

TurboTax Home & Business helps you get the biggest refund for you and your business Includes everything you need for your self-employment and personal income taxes Expanded interview guides you step-by-step through entering business income and expenses to help you maximize business and personal deductions Creates W-2 and 1099-MISC forms for your employees and contractors Free Federal E-File—receive IRS confirmation and get your refund in as few as 8 days

 

TurboTax Basic guides you through your federal return step-by-step Asks easy-to-understand questions in plain English then puts your answers onto IRS-approved forms Automatically double-checks your return for errors Files your return electronically and prints it on plain paper Free Federal E-File--receive IRS confirmation and get your refund in as few as 8 days