Comments on: How to Make Sure You Get What’s Coming to You at Tax Time http://moneysmartlife.com/how-to-make-sure-you-get-whats-coming-to-you-at-tax-time/ Money Tips for a Better Life Thu, 17 May 2012 16:08:14 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Tina http://moneysmartlife.com/how-to-make-sure-you-get-whats-coming-to-you-at-tax-time/comment-page-1/#comment-47156 Tina Fri, 18 Jan 2008 08:02:17 +0000 http://moneysmartlife.com/how-to-make-sure-you-get-whats-coming-to-you-at-tax-time/#comment-47156 Thanks for the advice. Thanks for the advice.

]]> By: Frugal Dad http://moneysmartlife.com/how-to-make-sure-you-get-whats-coming-to-you-at-tax-time/comment-page-1/#comment-45851 Frugal Dad Tue, 15 Jan 2008 15:14:58 +0000 http://moneysmartlife.com/how-to-make-sure-you-get-whats-coming-to-you-at-tax-time/#comment-45851 I've been using TurboTax for some time now, along with e-file. You really can't beat working these forms through the computer - all that paperwork is overly confusing! I’ve been using TurboTax for some time now, along with e-file. You really can’t beat working these forms through the computer – all that paperwork is overly confusing!

]]> By: Anthony http://moneysmartlife.com/how-to-make-sure-you-get-whats-coming-to-you-at-tax-time/comment-page-1/#comment-45821 Anthony Tue, 15 Jan 2008 13:39:00 +0000 http://moneysmartlife.com/how-to-make-sure-you-get-whats-coming-to-you-at-tax-time/#comment-45821 My first piece of advice would be don't pay for something you can get for free. If your adjusted gross income is less than $54,000 for 2007, you are entitled to use the IRS' free file system (http://www.irs.gov/efile/article/0,,id=118986,00.html) If you qualify for free file, the IRS will direct you to a company who will prepare and file your federal tax returns for free. You will still be responsible for filing state taxes (if your state has income tax). If you're going to self-prepare your taxes, just make sure you realize you're accepting full responsibility for any errors you make, which might not be the case under the new tax-liability rules for professional preparers. My first piece of advice would be don’t pay for something you can get for free. If your adjusted gross income is less than $54,000 for 2007, you are entitled to use the IRS’ free file system (http://www.irs.gov/efile/article/0,,id=118986,00.html)

If you qualify for free file, the IRS will direct you to a company who will prepare and file your federal tax returns for free. You will still be responsible for filing state taxes (if your state has income tax).

If you’re going to self-prepare your taxes, just make sure you realize you’re accepting full responsibility for any errors you make, which might not be the case under the new tax-liability rules for professional preparers.

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