First time filing taxes.... Any reccomendations?

[aphex]

Welp, my first tax season in the real world.... Just got all my W-2's in the mail....

Which tax program do ya reccomend? Turbotax, Taxcut? Basic, Deluxe?

 

[aphex]

^

 

[randomlinh]

did you make over 10k? or some limit... you might be able to just do a 1040 ez... no need to waste time w/ software. still, you may only need to do 1040.

btw, not to hijack your thread or anything... i qualify for 1040ez i think.. but what do i do about earnings from savings? it's like $12, do i even bother reporting it?

 

[BlueWeasel]

I've had good success with the online version of Turbotax. Roughly $40 to take care of my federal and state taxes and it took about 30 mins total.

 

[Squisher]

Like lnguyen said, "why do you need software?"

I didn't start using software until I needed to deduct for business expenses and a home office.

 

Originally posted by: lnguyen
did you make over 10k? or some limit... you might be able to just do a 1040 ez... no need to waste time w/ software. still, you may only need to do 1040.

btw, not to hijack your thread or anything... i qualify for 1040ez i think.. but what do i do about earnings from savings? it's like $12, do i even bother reporting it?

It's part of your adjusted gross income - just add interest income to the amounts you see on line 1 of your W-2s.

 

[Jhhnn]

Try the 1040ez route first- it's a helluva lot easier than some of the ignorant software out there, trust me, and it's free, besides...

If you're single, taking a standard deduction, and all of your income is from wages, salariy, tips and interest, it's the only way to go- you'll be done before you could have even loaded the software, let alone figure it out...

 

[FuZoR]

im in the same boat... i printed out the 1040ez form but not sure what the hell im doing

 

[randomlinh]

RTFM

 

[flot]

Turbotax online. It is unbelievably easy and _might_ even be free for you. (the last few years they had a salary cutoff, under that and you were good to go for free)

Also you don't pay in advance - you can fill out your whole thing and pay at the last step. So if along the way you decide it wasn't worth it, no big deal.

 

[AlienCraft]

Single? W-2 income only? No car payments or Mortgage? 1040 EZ for you.
Don't forget to sign the return.....
#1 cause for IRS intervention.

 

[Pepsei]

Do you have a house? do you own stocks?

 

[RedBeard]

goto Tax Act it is really easy and it will not take you much time.