Comments

You must log in or register to comment.

keepthetips t1_j6hqqa7 wrote

Hello and welcome to r/LifeProTips!

Please help us decide if this post is a good fit for the subreddit by up or downvoting this comment.

If you think that this is great advice to improve your life, please upvote. If you think this doesn't help you in any way, please downvote. If you don't care, leave it for the others to decide.

1

micromaniac_8 t1_j6i569m wrote

I have used freetaxusa for the last 3 years. I know I could do it for free if I am willing to just do the paper forms, but the convenience of e-file worth the $12 I have paid.

6

egnards t1_j6iebpu wrote

Replying to micromaniac_8 (#1,614,021)

How much you pay depends on the complexity. I own a business now and have an accountant friend I know handle most of it and just copy what she posts to me into TurboTax, still costs me about $120 for the software [she I’d be happy to pay, but refuses payment]

Before my business, If not for “free file” it cost more like $60 simply because I had a few investments and not just a w-2

1

micromaniac_8 t1_j6imv37 wrote

Replying to egnards (#1,616,049)

Yeah my tax situation isn't complicated since they made it much more difficult to itemize. Businesses and unusual (or complicated) investment strategies can add layers of complexity. I'm married to a CPA, but I still do our taxes.

1

Bongos-Not-Bombs t1_j6j2bdt wrote

Isn't this only if you have W2 income, i.e., can do a 1040EZ?

I tried this with HSA income (so a 1099-SA) and was told I needed to use a paid service. Ditto for other schedules (I have a timeshare, so that counts as rental income).

1