Taxes

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  • PadresFan
    Underrated
    • Feb 2003
    • 1147

    #31
    Re: Taxes

    Originally posted by Fresh Tendrils
    Turbo Tax may make things simpler, but if you don't know what you're doing you can still mess things up. We get a fair amount of people who filed Turbo Tax previously and their returns were done wrong.
    Curious to know some of the errors you see. I only ask because I am going with Turbo Tax for the first time this year. The only thing that complicates my taxes is having rental properties. Other than that, it seems straighfoward.

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    • Fresh Tendrils
      Strike Hard and Fade Away
      • Jul 2002
      • 36131

      #32
      Re: Taxes

      Income reported incorrectly, expenses claimed incorrectly, depreciation either not taken or set up incorrectly.

      On the flip side we'll have people also miss out on deductions they could have claimed but didn't know about such as SEHI, Retirement contributions, Child Care deduction, and HSA contributions.



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