Why You Hate Doing Your Taxes

As part of my TurboTax giveaway I asked you to comment on what part of doing your taxes was the most confusing or frustrating.

I was expecting to hear a lot of similar frustrations but you actually had a wide range of things that bugged you about doing your tax return. It does make sense, everyone’s personal finance situation is different so I can see why there’s such a range of frustrations.

Here’s the list of things that people struggle with when filing their tax returns:

• Investing & deductions
• Worry about missing tax deductions
• Kiddie Tax
• Itemizing for the first time
• Handling income from a side business
• Paying international taxes
• Missing out on tax credits
• Claiming income without a W-2
• Filing taxes for a married couple
• Staying organized
• Hiring a tax preparer

Thanks to everyone that participated, congrats to the winners Joe and Dawn! This is Dawn’s second year in a row winning the TurboTax giveaway so odds of winning are pretty good if you participate. Keep that in mind next giveaway!

Ben Edwards, the founder of Money Smart Life, saved up enough to buy a Nintendo back when he was 12 years old. When he used the money to buy shares of Wal-Mart stock instead, he knew he wasn't like the other kids... His addiction to personal finance has paid off for his family and now he's helping you to afford the life that you want. Check him out on the web at Google Plus, Twitter and Facebook.

All posts by Ben Edwards