14 Apr 05
1 edit
Originally posted by PhlabibitHad them done in mid-Feb. Got wired the funds by the end of Feb.
I get charged near $100 bucks to have my taxes done... I think I'll try Turbo next year.
Good news, did my taxes early!
Bad news, now the money is spent!
ES
Cost just under $300, but got more than 1k back. Made many a home
improvement.
It's worth the money not to do them yourself when you have multiple
W2s, a kid, dividends, savings, and a home business.
Nemesio (the poster of short posts)
14 Apr 05
Originally posted by wibIf you think about it you would be cheaper with the tax agent doing them for you.
Well it may not save you much. Turbo charges me $59 to do the fed return and $25 for the state. I kinda like doing'em though. My wife does the record keeping during the year and then all I have to do is put it all together. The thing I really like is being able to do it from my home pc. It's really just about convienance for me.
I recommend it though.
Take these into account -
How long does it take you to get all the paperwork sorted out and put together? Say 2 hours.
How much do you get paid per hour? Say $30 per hour
Multiply these together to get the notional cost for doing it yourself. $60
Add this to cost of Turbo $84 and your overall cost is $144.
The time you lose doing your tax return could be spent doing something more productive - like playing chess.
I am slightly biased being a personal tax manager in UK, but like I always say "plumbers for plumbing, electricians for your electrics, mechanics to sort your car and tax specialists to do your tax."
Pick the right man/woman for the right job!
14 Apr 05
Tha Canadian Tax people are after me.
I worked there for just over a year. I was exempt from provincial tax, and federal tax was taken from my salary. Then someone tells me I have to fill in a tax return! WTF? I didn't have a clue what to do so I paid someone. This year I get a tax return in the post again but I am back home in England so there is no-one who can do the form for me. Plus, I have my tax summary that my employer gave me when I left, but no other receipts. Even if I did I wouldn't know what was a deduction.
I think I will just post the form back with a copy of my tax summary and see what happens.