Tax Progress

by Eric on January 26, 2009

Just a reminder, keep on top of those tax forms. Mine have started to come in full force, and I have found that it is best to keep a folder for them as they come in. Some of mine can be printed online too.

So far, I have 2 income forms from employers and a few different bank interest forms. I also have records from donations and education expenses.

I fill out a form for my accountant. My taxes are fairly complex from eduction, scholarships, and investments. I found that an accountant ultimately makes me money as I have little working knowledge of the many deductions, credits, and income rules regarding my situation.

What do you all do? Do you have an accountant or do you file your taxes yourself?

dale
I file my own tax return. I've worked as a tax professional for the past 12 tax seasons. I prepare around 150 returns per year.
This year I'll have to file a 1040, schedules A,B,C & D for my personal return. I'm still waiting on a few documents, but I'm in no hurry to file. I lost a $1,000 child tax credit for the 2008 tax year, so I'm hoping that the changes I made to my withholding and a some other things will keep me from writing a check to the IRS. I don't worry about getting a big refund, I just don't want to have to write a big check.
Eric
I wish I had that extensive tax knowledge under my belt.
I want to get my taxes done quickly so I can fill out my FAFSA as soon as possible