Reply to How much do you pay to get your taxes done?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote]Do people who use turbotax have stuff like capital gains and dividends and charitable donations? I'm afraid I'd screw it up.[/quote]

Yes.  Turbotax Deluxe (the 55 dollar one) has charitable donations and dividends, and you need to buy the next version (I believe it's 75 dollars) for capital gains.  It's actually pretty easy, and a lot cheaper than a CPA.  You can import all your tax documents for dividends from your financial institution, and the prompts are pretty straight foreword.  It takes time, and the ability to have patience wading through forms and receipts, but if you don't want to shell out over 300 dollars, it does the job.[/quote]

This is the issue for me. Filing the taxes, even using Turbo Tax, takes time that I don't have. I used Turbo tax for many years, now I send them out. Turbo tax had a bug in its dependent care calculation at one time, but I guess that's been fixed. This is all a question of how much your own time is worth and how much you don't mind spending a day on your taxes. You cannot escape the need to collect all the forms of course, and subtract $75 from the CPA's fee before making your comparison. When I have more time I'll do them myself.[/quote]

If it takes you a day to do all your taxes using turbo tax, then it's not a time thing, it's a brain thing.[/quote]

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