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Filing Taxes

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ChadTower:

--- Quote from: AtomSmasher on January 29, 2008, 01:03:56 pm ---Yup, every year in my tax records I include a cd that has the turbotax save file and pdf versions of my federal and state forms and worksheets along with the printed out versions.  I know having a home office is a red flag for auditors, so I make sure to keep my ducks in a row just in case.

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I do the same thing, two copies of the CD for redundancy.  I save the TurboTax CD too just in case.

boykster:
the cool thing about the web edition of turbotax is that it saves your previous years returns, and you don't install squat onto your local computer.  I usually start working on my taxes during downtime at work (just logon and go) and then finish them up in the evenings at home.  When I had to file an amended return for my 2005 taxes (issues with sale of stock and reporting) I simply pulled up my old return, started an amended one and worked from there.  No digging up installation discs, backup files, etc....


--- Quote from: ChadTower on January 29, 2008, 08:25:51 am ---The homeowner deductions really do help in places like mine and yours... when you're paying more in interest over a year than people in other parts of the country  pay for their whole mortgage payment over two years, every bit helps.

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Heck yeah... :cheers:  I think I pay more annually in interest and taxes than I MADE at my first job after college  :dizzy:

SithMaster:
Does turbotax include a tutorial on using loopholes in the system?

Samstag:

--- Quote from: SithMaster on January 29, 2008, 01:54:06 pm ---Does turbotax include a tutorial on using loopholes in the system?

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If it doesn't, here ya go:

1) Get rich.
2) Hire a great accountant.

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