whomper Posted April 13, 2010 Share Posted April 13, 2010 So how did you do ? & How did you prepare your taxes ? Quote Link to comment Share on other sites More sharing options...
Big John Posted April 13, 2010 Share Posted April 13, 2010 I still do them by hand and I do itemize. Quote Link to comment Share on other sites More sharing options...
polksalet Posted April 13, 2010 Share Posted April 13, 2010 Got crushed/getting money back/Turbotax Quote Link to comment Share on other sites More sharing options...
Bier Meister Posted April 13, 2010 Share Posted April 13, 2010 getting a little back...... accountant (non-puddy) Quote Link to comment Share on other sites More sharing options...
Big Country Posted April 13, 2010 Share Posted April 13, 2010 Getting a larger than normal refund (Thank you buying a new house mid year), and use an accountant. Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted April 13, 2010 Share Posted April 13, 2010 I'm actually getting a little bit back on accident. I try to break even or owe just a little bit as I'm not into allowing the government that already takes too much of my money to borrow it interest free. I use an accountant. I've just about decided anyone that owns a business and doesn't use an accountant is a fool. Quote Link to comment Share on other sites More sharing options...
Beaumont Posted April 13, 2010 Share Posted April 13, 2010 Overpaid my estimates over the year. Oh joy! We made less than last year so we get some pre-paid taxes back. Quote Link to comment Share on other sites More sharing options...
Ramhock Posted April 13, 2010 Share Posted April 13, 2010 I claim zero & always get a very good refund. Kinda like forced savings. That extra money received by claiming 4 would just disappear. Quote Link to comment Share on other sites More sharing options...
SayItAintSoJoe Posted April 13, 2010 Share Posted April 13, 2010 One of the advantages of sharing my office space with an accountant is that he gives me a great rate for preparing both my personal and corporate returns. I always get money back because I tend to overpay on estimated taxes each qtr. I know about the whole lending the gov money interest free thing, but it keeps me from spending it so I say what the heck. Quote Link to comment Share on other sites More sharing options...
Kid Cid Posted April 13, 2010 Share Posted April 13, 2010 This is the first year in about 20 years that I am actually getting money back. Quote Link to comment Share on other sites More sharing options...
cre8tiff Posted April 13, 2010 Share Posted April 13, 2010 I still do them by hand and I do itemize. Same here. I love doing taxes, I must have been an accountant in a previous life. I paid about right (as I always do). Quote Link to comment Share on other sites More sharing options...
twiley Posted April 13, 2010 Share Posted April 13, 2010 Breaking even for the most part - owe a little. I have a CPA do my taxes but it involves my company taxes, consulting business, and personal. Quote Link to comment Share on other sites More sharing options...
Dutch Oven Posted April 13, 2010 Share Posted April 13, 2010 Crushed, but was expecting it. My law partner does our taxes. Quote Link to comment Share on other sites More sharing options...
jetsfan Posted April 13, 2010 Share Posted April 13, 2010 I've used Turbotax for years, ended up owing $111. I am happy, trying to get it where I owe about $250. Quote Link to comment Share on other sites More sharing options...
bpwallace49 Posted April 13, 2010 Share Posted April 13, 2010 My best friend is a CPA and does my taxes for me. Got a very nice refund, but I do that on purpose ( my wife isnt the most budget conscious gal . . . ) Quote Link to comment Share on other sites More sharing options...
Swashbucklers Posted April 13, 2010 Share Posted April 13, 2010 Getting some back, but mostly based on a new car and new windows in the house. Accountant. I always thought that having kids was great for tax purposes, but I guess that starts to phase itself out somewhere along the line! And that is not the only reason that I had them! Quote Link to comment Share on other sites More sharing options...
Puddy Posted April 13, 2010 Share Posted April 13, 2010 Getting some back, but mostly based on a new car and new windows in the house. Same here. Oh and I used Turbotax and Puddy. Quote Link to comment Share on other sites More sharing options...
WashingtonD Posted April 13, 2010 Share Posted April 13, 2010 Fing crushed Turbotax (used an accountant for the past two years, but then did a coke/pepsi challenge last year doing it myself with TT and then what my accountant came up with and it was pretty much the exact same number) Knew it was coming, but that never makes it fun, I moved toward paying estimated taxes this year to protect against having to cut a check next year Quote Link to comment Share on other sites More sharing options...
sundaynfl Posted April 13, 2010 Share Posted April 13, 2010 Met my accountant yesterday and it wasn't pretty! AMT sucks!! Quote Link to comment Share on other sites More sharing options...
CaP'N GRuNGe Posted April 13, 2010 Share Posted April 13, 2010 (edited) Do them myself by hand. Simple standard deduction, child care, and student loan interest. Adjusted withholdings a couple times during year to keep it close. Haven't officially done them yet but probably pay in about $500 to the feds and get back $200 from the state. Edited April 13, 2010 by CaP'N GRuNGe Quote Link to comment Share on other sites More sharing options...
twiley Posted April 13, 2010 Share Posted April 13, 2010 Do them myself by hand. Simple standard deduction, child care, and student loan interest. Adjusted withholdings a couple times during year to keep it close. Haven't officially done them yet but probably pay in about $500 to the feds and get back $200 from the state. That's about where you want to be each year IMO. Quote Link to comment Share on other sites More sharing options...
Ursa Majoris Posted April 13, 2010 Share Posted April 13, 2010 Turbotax and, as always, got a decent refund through itemization. Refund shrinks annually with the mortgage interest reducing. Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted April 13, 2010 Share Posted April 13, 2010 (edited) You are significantly less likely to get audited if you use a CPA because the IRS prefers bullying tax payers, not tax professionals. You are also 3 times more likely to get audited if you make more than $200,000 a year. Seems like profiling to me. Edited April 13, 2010 by Perchoutofwater Quote Link to comment Share on other sites More sharing options...
Scooby Posted April 13, 2010 Share Posted April 13, 2010 read somewhere on the internet that someone was able to deduct the cost of a pool as a medical expense Quote Link to comment Share on other sites More sharing options...
Perchoutofwater Posted April 13, 2010 Share Posted April 13, 2010 read somewhere on the internet that someone was able to deduct the cost of a pool as a medical expense I know someone that did a hot tub, but not a pool. Quote Link to comment Share on other sites More sharing options...
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