On the positive, happy side. After I decided that I was going to have to actually mail in my federal and state returns, I sat down and reviewed the printed out returns in preparation for signing them. I found that the program had itemized deductions on my state return, but used the standard deduction on my federal return. I knew that was a mistake because we have a lot of mortgage interest, enough that amounts to more than the standard deduction just based on the mortgage interest alone. I went back and checked, found and fixed the error, and re-printed the federal return... to the tune of a $1300 increase in the amount I'm getting back.
So yeah, I didn't get the ease and speed of e-file, but I'm getting a good bit more money back than I thought I was. Enough to start my deck re-finishing project.
For those of you who don't do your own taxes, why don't you? Are you lazy about it? Don't understand the tax code? Afraid of making mistakes and getting in trouble? I've always done my own taxes since I was old enough to work and earn money for myself. The longest it has ever taken me was 45 minutes to an hour once I had all the paperwork together. I guess if I started working as an independent contractor, or owning multiple rental properties, then I might need to hire an accountant for my taxes. Until then, I'll likely stick with doing them myself.
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You do not really understand something unless you can explain it to your grandmother.
- Albert Einstein
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