10 things you must know about doing your own taxes

  1.  Its not hard to do–  TurboTax.com actually makes it easy for the average person.
  2. It may take longer the first time you do it on your own– It took me longer the first time I did my own taxes, but each year it gets easier and quicker!
  3. Take your time– If you breeze through it, you may actually miss out on tax breaks that you were unaware of.  Don’t look at it as another chore you have to complete, have fun with it!
  4. Read the tips the app or website gives you– that is where you discover tax breaks or additional information that you must provide.
  5. You probably will get more money back doing it yourself than by going to a tax place– that was my personal experience because you care more about getting the most money back than some accountant.
  6. Its cheaper– no need to use the turbo tax’s more expensive plan, the cheaper one works just as well.  If you do not have the money to pay for it up front you have the option to take it out of your refund.
  7. If you get married it SERIOUSLY increases your refund!
  8. If you have a baby that year it SERIOUSLY increased your refund!
  9. Early payment–  I got paid two weeks before the estimated payment was projected to release.  This is not always the case, but most times.
  10. Direct Deposit– Deposit directly into your bank with no hassle of cashing the check or waiting on the mail.

Most of us look forward for tax time every year and have already planned what we are going to do with the money.  Do not wait until the last minute to do your taxes when you have the resources of a user friendly app that can be a quick process.  Turbo tax saves your information from the previous year and even imports W2’s electronically. The very convenient app gives you step by step instructions.  The only ting you must make sure of before you begin is that you have all your paperwork together.  As long as you have all the information you need, your taxes will be on the express track to completion and even closer to getting MONEY in your pockets!  I got mine back today and am a very happy lady!

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One Response to 10 things you must know about doing your own taxes

  1. Pingback: 10 things you must know about doing your own taxes – Real Housewife of a Bisexual Husband

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