Is Filing Taxes Yourself Worth the Hassle?

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SUMMARY

The forum discussion centers around the experiences of individuals filing their taxes, particularly using TurboTax and telefile systems. Users shared their frustrations with the telefile process, highlighting its repetitive nature and the challenges faced during confirmation of answers. Recommendations for using TurboTax for e-filing were prevalent, with users noting the potential for refunds and the availability of free filing options through the IRS website. Overall, the conversation emphasizes the learning curve associated with self-filing taxes, especially for young adults.

PREREQUISITES
  • Understanding of TurboTax software for tax filing
  • Familiarity with telefile systems and their processes
  • Basic knowledge of IRS filing requirements
  • Awareness of state tax filing procedures, particularly for Colorado
NEXT STEPS
  • Research the features and benefits of TurboTax for e-filing
  • Explore IRS resources for free tax filing options
  • Learn about state tax filing requirements and available software
  • Investigate common pitfalls in telefile systems and how to avoid them
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Young adults filing taxes for the first time, individuals seeking efficient tax filing solutions, and anyone interested in maximizing their tax refunds through software like TurboTax.

Gale
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Heh, so i just filed my taxes today. I'm rather proud. I was talking to some people who're in their 20's and its their first time doing them by themselves. My dad insisted that i do my own... so i did. At first i was really confused, but then it wasn't actually so bad. I did the telefile thing... OMG! that whole touch tone process gets really old really fast!

"Question 3... press 1 if the answer is yes, press 2 if no"
*BLEEP*
"you just pressed one, the answer is yes, please press 1 if this is true, press 2 if it is not."
*BLEEP*
"you have pressed 2, please refer back to question 3... if the answer is..."
"GUH, i meant 1..."
"...yes press 1, press 2 if no."
grumble grumble, i already answered this stupid question...
*BLEEP*
"you just pressed two, the answer is no, please press 1 if this is true, 2 if it is not."
"WHAT? I HIT ONE! CMON!"
*BLEEP*
"you have pressed 2, please refer back to question 3... if the answer is..."

*CLICK*

"stupid thing... i'll try again later..."

i think i had to call back like 3 times cause i kept getting so annoyed. It wasn't actually so bad though, once i got the knack of having to confirm every stupid thing i put in, it went quickly. Now i get a whole 50 bucks back! WAHOO... heh... it almost doesn't seem worth it, heh.

So who else has been having fun with their taxes eh? You've got a week left for anyone who hasn't started!
 
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I got 85 back :approve:

Used one of them newfangled computer programs to file, print and mail.
 
for once, Uncle Sam paid me a four digit number this year...about time since I usually ended up owing...Gale, if you anticipate at least $100, get turbo tax and efile, i highly recommend it.
 
Gale17 said:
Heh, so i just filed my taxes today. I'm rather proud. I was talking to some people who're in their 20's and its their first time doing them by themselves. My dad insisted that i do my own... so i did. At first i was really confused, but then it wasn't actually so bad. I did the telefile thing... OMG! that whole touch tone process gets really old really fast!
Dang, if only I could get away with something so simple as telefile. Good to learn early. That way it only gradually gets more complicated as time goes by. I remember refunds - those were nice.
 
Kerrie said:
for once, Uncle Sam paid me a four digit number this year...about time since I usually ended up owing...Gale, if you anticipate at least $100, get turbo tax and efile, i highly recommend it.
Actually, if you go to the IRS web page, you can file your federal tax via turbo tax for free (or for free using a few other software packages).

You can file Colorado state taxes via their web page for free, as well (turbo tax charges you for state taxes).
 
I've always e-filed, using the free turbo tax software. Most I ever got back was $1600, but it's not like I ever made much. I haven't even paid any taxes now the last two years. I haven't even worked in the last year.
 
Happy to say, i am a lazy bum, and will never get a job until i have to, which means no taxes, until i get a job. One of the frills of being a minor, no need for income. (but no beer or voting). hey, If you are amish, you don't have to pay income taxes, i'll be amish :-p (that could just be pennsylvania)

Fibonacci
 
Argh! Usually I do my taxes quite promptly, as soon as all the forms have arrived. But, just haven't managed to find the time yet this year (correlation to increased time on PF? Nah, that couldn't be it, could it?). My taxes are still pretty simple. Ha, I'm still too poor from all those years as a grad student and post-doc. When I can move and wrestle my money away from this mismanaged state retirement plan (yet another incentive to move somewhere else), I suspect things will get a bit more complex.
 
Gak I had planned to do my taxes early this year and I haven't even started.
 
  • #10
Evo said:
Gak I had planned to do my taxes early this year and I haven't even started.
You have a ways to go to catch up to me on procrastination. I haven't filed a return since '79. :approve:
 
  • #11
Danger said:
You have a ways to go to catch up to me on procrastination. I haven't filed a return since '79. :approve:

Canucks don't pay income tax?
 
  • #12
franznietzsche said:
Canucks don't pay income tax?
Most do. :biggrin:
 

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