I've always done my own taxes- what is the usual cost of getting them done- just

Oct 12, 2020
2:35:31pm

BeyondTheMark All-American

family taxes- dual income no fancy business deductions? Tired of the usual annoyance and I always put if off way too long.

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BeyondTheMark

Previous username: AtlantaMark
Bio page: BeyondTheMark
Joined: Aug 20, 2001
Last login: Apr 25, 2024
Total posts: 15,375 (213 FO)

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Messages

Author

Time

I've always done my own taxes- what is the usual cost of getting them done- just

BeyondTheMark

10/12/20 2:35pm

I've paid anywhere from $160 to $380 but I have an LLC and K-1 partnership forms

Hoopster

10/12/20 2:37pm

~$200-300

djbryant79

10/12/20 2:38pm

I pay my tax person $150. Takes him abt 20 mins in his office. Best money spent.

Traveshamockery

10/12/20 2:38pm

How long does it take you to gather the info to bring to your tax person?

cheezedawg

10/12/20 2:41pm

Nice thing is I can unload that part on my wife 🙂

BeyondTheMark

10/12/20 2:43pm

Takes me about an hour to put my stuff together.

Traveshamockery

10/12/20 2:45pm

It would probably take me several hours and stress to do

Traveshamockery

10/12/20 2:46pm

Have you used software, or just the IRS booklet?

ochobeeguy

10/12/20 5:11pm

I used software up until I stated having side business for both my wife and me.

Traveshamockery

10/12/20 5:36pm

I’ve always done my own, even with schedule C, schedule E, and a 30 page Schedule D

cheezedawg

10/12/20 11:44pm

Yeah, you lost me at Schedule C...😂 now you know why I don’t do my own!

Traveshamockery

10/12/20 11:47pm

Yeah, I was thinking it'd be substantially more, $150 is a no-brainer, should've

BeyondTheMark

10/12/20 2:42pm

CPA's are always so upright about what's "legal".

Ragnar Danneskjold

10/12/20 2:41pm

^^^they cost way more than $150 😉

cougarim

10/12/20 2:55pm

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