Estil | 1,264 Posted January 28, 2020 Share Posted January 28, 2020 4 hours ago, Tulpa said: Every year when we do a tax thread, this same Simpsons video is posted. Every. Year. Link to comment Share on other sites More sharing options...
CMR | 519 Posted January 28, 2020 Share Posted January 28, 2020 I go to a local mom and pop accounting and bookkeeping service. It costs me about $60, fifteen minutes of my time, and then it's over. Link to comment Share on other sites More sharing options...
jonebone | 1,307 Posted January 28, 2020 Share Posted January 28, 2020 TaxSlayer.com , been using them for at least a decade plus. Pretty straightforward taxes with some itemizing. 1 Link to comment Share on other sites More sharing options...
arch_8ngel | 1,597 Posted January 28, 2020 Share Posted January 28, 2020 (edited) 2 hours ago, jonebone said: TaxSlayer.com , been using them for at least a decade plus. Pretty straightforward taxes with some itemizing. I've kicked around the idea of giving them a try. I didn't realize until a few years ago that they are from my hometown and actually founded/owned by a family a knew pretty well. EDIT: just double-checked and remembered why I never tried them out... to generate K-1s and to do form 1041 they require Taxslayer Pro. Well "Pro" is priced at $1500 for a license, because they are catering to actual CPAs who do it for a living, rather than the Turbo Tax product that will do a 1041 for about $150. I'm sure it's a very nice piece of software with good support at that price, and probably competes with other pro-grade accounting software. But unfortunately not for the individual with more-complex-than-typical taxes who just needs to do a couple of form 1041's and generate a couple of K-1s Edited January 28, 2020 by arch_8ngel Link to comment Share on other sites More sharing options...
themisfit138 | 523 Posted January 28, 2020 Share Posted January 28, 2020 Also using Taxslayer. Have been for 12 years now, with no issues. Link to comment Share on other sites More sharing options...
Tulpa | 3,492 Posted February 2, 2020 Share Posted February 2, 2020 Taxes = done! Now where's my refund? Link to comment Share on other sites More sharing options...
guillavoie | 1,208 Events Team · Posted February 2, 2020 Share Posted February 2, 2020 On 1/27/2020 at 6:02 PM, Tulpa said: Every year when we do a tax thread, this same Simpsons video is posted. Every. Year. But it's the first time it happens on VGS, so it reset back to totally unexpected and hilariously funny! Link to comment Share on other sites More sharing options...
Quest4Nes | 376 Posted February 2, 2020 Share Posted February 2, 2020 (edited) On 1/27/2020 at 5:02 PM, Tulpa said: Every year when we do a tax thread, this same Simpsons video is posted. Every. Year. Its like when your dad or grandpa tells you a story and youve heard it 100 times and he thinks its a new story. Estil is the "dad" story teller of this forum Edited February 2, 2020 by Quest4Nes Link to comment Share on other sites More sharing options...
Mae247 | 207 Posted February 2, 2020 Share Posted February 2, 2020 On 1/27/2020 at 9:30 PM, Link said: Hmm... maybe I will try TurboTax. If it’s good enough for @arch_8ngel... I’ve always used an accountant, because that’s what my father does. So I mostly used his people forever. I finally found a local accountant I expected I could trust, referred from a coworker. I used her for the last 2 years and I guess her work is fine, but her bedside manner is kind of terrible. If you expected anything other than a wet blanket of a personality form a cpa then that’s where you went wrong. Some CPA’s are different but dealing with that crap year in and year out isn’t always fun. Link to comment Share on other sites More sharing options...
Link | 2,709 Posted February 2, 2020 Share Posted February 2, 2020 (edited) 14 hours ago, Mae247 said: If you expected anything other than a wet blanket of a personality form a cpa then that’s where you went wrong. Some CPA’s are different but dealing with that crap year in and year out isn’t always fun. Wet blanket? Quite the opposite. She kind of seems like a crackhead. My coworker is impressed because she used to work for the IRS and supposedly knows loopholes. In my opinion she talks fast and aggressively which is not my style, and has her fingers in too many pies. (She has five different businesses/companies.) If you email her, nothing happens unless you then call her to talk on the phone, otherwise it gets ignored. I talked to her a week after sending an email with files she asked for and she didn’t know about the email and couldn’t find it at first. I don’t expect anything personality-wise beyond effective communication. All I want is that, and maximize my return. Edited February 2, 2020 by Link Link to comment Share on other sites More sharing options...
RH | 4,903 Posted February 2, 2020 Share Posted February 2, 2020 I finally got all of my tax documents yesterday. I plan on submittinf them tonight. Link to comment Share on other sites More sharing options...
Tabonga | 2,317 Posted February 2, 2020 Share Posted February 2, 2020 We got our 1099Rs on Thursday - I am going to do ours today and mail them in this afternoon. Link to comment Share on other sites More sharing options...
TrekMD | 1,399 Posted February 2, 2020 Share Posted February 2, 2020 I have an accountant do it. Link to comment Share on other sites More sharing options...
Psychobear85 | 141 Posted February 3, 2020 Share Posted February 3, 2020 FreetaxUSA.com my taxes are pretty straight forward only get the standard form and only 1 dependent, only need to file federal no state in Nevada Link to comment Share on other sites More sharing options...
SpoonMan Abrams X | 697 Posted February 3, 2020 Share Posted February 3, 2020 I've used TaxSlayer for years. Great program for chumps like me who dont do or own anything beyond the mundane lol Link to comment Share on other sites More sharing options...
RegularGuyGamer | 2,012 Posted February 3, 2020 Share Posted February 3, 2020 On 1/28/2020 at 6:28 AM, jonebone said: TaxSlayer.com , been using them for at least a decade plus. Pretty straightforward taxes with some itemizing. I this and thought who uses the same shady online tax service for a decade +. Then I logged into TurboTax and it said " WELCOME BACK FOR YOUR 10TH STRAIGHT YEAR" Link to comment Share on other sites More sharing options...
Rooster | 124 Posted February 4, 2020 Share Posted February 4, 2020 I just use tax slayer, but my taxes are not complicated. I live abroad so I don't owe anything in income tax to the US. However, this year is a little different because I bought and sold some stocks. Very small dollar trade. I think I actually lost money on it a bit. I believe I bought like $300 in stocks and sold them for like $260 or something. I hope I don't have to pay taxes on that. Link to comment Share on other sites More sharing options...
RH | 4,903 Posted February 4, 2020 Share Posted February 4, 2020 1 hour ago, Rooster said: I just use tax slayer, but my taxes are not complicated. I live abroad so I don't owe anything in income tax to the US. However, this year is a little different because I bought and sold some stocks. Very small dollar trade. I think I actually lost money on it a bit. I believe I bought like $300 in stocks and sold them for like $260 or something. I hope I don't have to pay taxes on that. You won't. It's called capital gains tax. No gain, no tax. Link to comment Share on other sites More sharing options...
Rooster | 124 Posted February 4, 2020 Share Posted February 4, 2020 4 minutes ago, RH said: You won't. It's called capital gains tax. No gain, no tax. To be honest, it was such a small transaction that I can't remember if I gained anything at all. If I did gain, it wasn't more than 10-20 dollars. I'd have to imagine the tax on that is probably negligible. I'll file it regardless, though. Link to comment Share on other sites More sharing options...
ThePhleo | 2,184 Posted February 4, 2020 Share Posted February 4, 2020 (edited) For personal, I used TurboTax this year. Despite only profiting $3.05 this year from Bitcoin, I wanted to make sure that I filed it properly....I should have held though! I could have make a whopping $2 more!!!! Let’s chalk it up to learning experience On the business side of things I am using my accountant. I founded a new company last year and like most new businesses during their first year I lost money due to startup costs, investing well over $50k in equipment and machinery, and almost $15k in unrecoverable invoices. Next year is going to (hopefully and seemingly) be very profitable, so I can use all the breaks I can get for the bill next year. Edited February 4, 2020 by ThePhleo Link to comment Share on other sites More sharing options...
MuNKeY | 241 Posted February 4, 2020 Share Posted February 4, 2020 TurboTax, even though I got booted out of the free filing this year due to drawing unemployment. meh. Link to comment Share on other sites More sharing options...
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