(Topic ID: 260672)

Tax Returns 2020

By easye9901

4 years ago


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  • 97 posts
  • 53 Pinsiders participating
  • Latest reply 4 years ago by Taxman
  • Topic is favorited by 3 Pinsiders

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    #5 4 years ago
    Quoted from easye9901:

    Got my W2s ready and looking for suggestions this year
    What are you all using?
    TurboTax,
    H&R Block,
    Or do you pay someone to do them?

    Turbotax is fine if you have a basic understanding of tax laws and deductions, and especially if you are not itemizing which is much more rare for middle class with the new tax laws passed two years ago. The local tax deduction (the combination of real estate/personal property/state income tax) being limited to only $10000 really sucks.

    #89 4 years ago
    Quoted from LukyDuck:

    If you decide to buy TT, don’t pay full price. You can always find it at a lower price. Lots of financial institutions sell it at a lower price than MSRP.

    Costco and Amazon usually have it cheaper than retail.

    #93 4 years ago
    Quoted from Haymaker:

    Can't I just do it online?

    Amazon has it for download online, and I believe there is a free version for basic tax returns.

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