Tax Preparation Software - Page 2

**IA_Chiefs_fan** · 01-26-2007, 03:54 PM

Is there one that is really as good as going to H&R Block and having it done? It would need to be some very complete software as I have no idea what I'd be doing? I hate spending $125 at H&R Block but I really hate waiting for an hour each time.

ZepSinger · 01-26-2007, 09:54 PM

I love the TurboTax- all I've used for 9 years.

Z

**IA_Chiefs_fan** · 01-26-2007, 09:58 PM

I just went through everything on Turbo Tax and it was fairly simple. One question I had though is pertaining to home improvements and my new mortgage. I spent $13,000 on a new roof and chimney but I couldn't find any place to take advantage of this. Is this an expense that should help with my taxes? Also, it asked me for fees associated with the refinance of my rental home but not fees associated with the mortgage on my newly purchased home. Should there be a place to take advantage of that as well?

recxjake · 01-26-2007, 10:01 PM

Flat Tax anyone?

Eleazar · 01-26-2007, 10:12 PM

TaxCut is good.

BWillie · 01-26-2007, 10:47 PM

Why should you have to pay to have you freaking taxes done? The government should do them for you, they take the money, and you have to pay somebody to figure out your taxes. This is the first year I have to do my taxes and I don't know what to do. I always used to send my shit to my parents and be like here u go

recxjake · 01-26-2007, 10:48 PM

Quote:

Originally Posted by BWillie007

Why should you have to pay to have you freaking taxes done? The government should do them for you, they take the money, and you have to pay somebody to figure out your taxes. This is the first year I have to do my taxes and I don't know what to do. I always used to send my shit to my parents and be like here u go

haha, agreed

'Hamas' Jenkins · 01-26-2007, 10:49 PM

Quote:

Originally Posted by SLAG

we have to start claming sales tax for shit we bought off the internet?!??!

since when?

Since last year...

BWillie · 01-26-2007, 10:54 PM

How on Earth am I going to remember what I bought off the internet and what it's sales tax was? Are you kidding me? I better claim my recreational poker winnings of like 4K too, ya right.

PastorMikH · 01-26-2007, 11:15 PM

Quote:

Originally Posted by SLAG

we have to start claming sales tax for we bought off the internet?!??!

since when?

Oklahoma does that (I think last year was the first year). I'm not sure really how they will know what I buy off of ebay. I was thinking that last year I just paid a flat fee but I really can't remember.

BTW, I used to take my taxes to preparers. Last time I did, I took them to H&R Block (Back in 97 or 98). They ended up figuring that I owed something like $2k to Feds + Penalty AFTER I had made my estimated payments all year. Cost me another $250 to have them do my taxes and tell me this. A guy in our church had a copy of Turbo Tax. We ran my taxes through his program and though I still owed (Thanks to Prez C changing filing status for ministers) it wasn't anywhere near as much as H&R figured. Since then I've bought a copy of TT every year.

This year's interview is one of the longest yet as far as deductions. An accountant that manages your account all year might get you more breaks, but I doubt a tax prep company would do much better than Turbo Tax.

**007** · 01-26-2007, 11:38 PM

Quote:

Originally Posted by SLAG

we have to start claming sales tax for shit we bought off the internet?!??!

since when?

I can't wait to see them actually enforce this.

Extra Point · 01-26-2007, 11:41 PM

This year has the most questions concerning taxes? And this administration wanted to simplify taxes? No wonder the IRS is giving until the 17th of April to send it in!

**IA_Chiefs_fan** · 01-27-2007, 08:15 AM

Quote:

Originally Posted by IA_Chiefs_fan

I just went through everything on Turbo Tax and it was fairly simple. One question I had though is pertaining to home improvements and my new mortgage. I spent $13,000 on a new roof and chimney but I couldn't find any place to take advantage of this. Is this an expense that should help with my taxes? Also, it asked me for fees associated with the refinance of my rental home but not fees associated with the mortgage on my newly purchased home. Should there be a place to take advantage of that as well?

bump

Hog Rider · 01-27-2007, 09:10 AM

Quote:

Originally Posted by IA_Chiefs_fan

bump

When we added a third stall garage (heated for the Harleys), the questions pertaining to the loan were in the interview.

Try the help menu, it should be there somewhere.

Simplex3 · 01-27-2007, 10:27 AM

If you're just going to go to H&R Block then do it yourself out of a box. The monkeys they have working at those stores are useless.

I personally have quite a hairy business ownership chain, which all folds around to my personal stuff, with reimbursements going both directions, etc. etc. I pay a lot more than the ~$150 you pay H&R C**k, but I pay a lot less in taxes than you guys.

Simplex3 · 01-27-2007, 10:27 AM

Quote:

Originally Posted by recxjake

Flat Tax anyone?

F**k that. Fair Tax and then none of this s**t is necessary.

01-26-2007, 03:54 PM
IA_Chiefs_fan Supporter Join Date: Jun 2002 Casino cash: $-610286	Tax Preparation Software Is there one that is really as good as going to H&R Block and having it done? It would need to be some very complete software as I have no idea what I'd be doing? I hate spending $125 at H&R Block but I really hate waiting for an hour each time.
Posts: 2,101

01-26-2007, 09:54 PM	#16
ZepSinger Veteran Join Date: Oct 2003 Location: Kansas City Casino cash: $10004900	I love the TurboTax- all I've used for 9 years. Z __________________ test
Posts: 2,740

01-26-2007, 09:58 PM	#17
IA_Chiefs_fan Supporter Join Date: Jun 2002 Casino cash: $-610286	I just went through everything on Turbo Tax and it was fairly simple. One question I had though is pertaining to home improvements and my new mortgage. I spent $13,000 on a new roof and chimney but I couldn't find any place to take advantage of this. Is this an expense that should help with my taxes? Also, it asked me for fees associated with the refinance of my rental home but not fees associated with the mortgage on my newly purchased home. Should there be a place to take advantage of that as well?
Posts: 2,101

01-26-2007, 10:01 PM	#18
recxjake MVP Join Date: Oct 2005 Casino cash: $10004900	Flat Tax anyone?
Posts: 5,133

01-26-2007, 10:12 PM	#19
Eleazar Beyond the Rapids Join Date: May 2003 Location: Langley, VA Casino cash: $-370000	TaxCut is good.
Posts: 80,659

01-26-2007, 10:47 PM	#20
BWillie Are you ready to Rumble? Join Date: Apr 2006 Casino cash: $-1318759	Why should you have to pay to have you freaking taxes done? The government should do them for you, they take the money, and you have to pay somebody to figure out your taxes. This is the first year I have to do my taxes and I don't know what to do. I always used to send my shit to my parents and be like here u go
Posts: 52,615

01-26-2007, 10:54 PM	#23
BWillie Are you ready to Rumble? Join Date: Apr 2006 Casino cash: $-1318759	How on Earth am I going to remember what I bought off the internet and what it's sales tax was? Are you kidding me? I better claim my recreational poker winnings of like 4K too, ya right.
Posts: 52,615

01-26-2007, 11:41 PM	#26
Extra Point MVP Join Date: Sep 2005 Location: Prairie Village, KS Casino cash: $10004900	This year has the most questions concerning taxes? And this administration wanted to simplify taxes? No wonder the IRS is giving until the 17th of April to send it in! __________________ "Sometimes I sits and thinks, and sometimes I just sits." --Satchel Paige
Posts: 7,845

01-27-2007, 10:27 AM	#29
Simplex3 MVP Join Date: Sep 2003 Casino cash: $10004900	If you're just going to go to H&R Block then do it yourself out of a box. The monkeys they have working at those stores are useless. I personally have quite a hairy business ownership chain, which all folds around to my personal stuff, with reimbursements going both directions, etc. etc. I pay a lot more than the ~$150 you pay H&R C**k, but I pay a lot less in taxes than you guys.
Posts: 28,527