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Old 03-02-2019, 08:26 AM
 
1 posts, read 221 times
Reputation: 10

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I have basically zero knowledge about taxes, deductions, credits, etc... Iíve always had a basic return but this year is different....so if you have any input or advice please share.

I live in Florida with my girlfriend and our 2 children.
Kid 1 born in 2015 and stays home with mom for now. (No daycare)
Kid 2 born 2019 so probably irrelevant for now relating to 2018 return.
Girlfriend (and mother of our children) works part time from home making @ $12,000/yr
I work full time and make @ $100,000/yr.
I bought my first house on 2018. (Only in my name, not hers)
All 4 of us have health insurance through my company.

My questions:
Who should claim Kid 1 in order to receive the best ($) return?
I currently claim 1 on my W4, should I be claiming 2 or even 3/4?
Being a new homeowner, what tax breaks or deductions should I be looking at?

Iím debating hiring a CPA for @ $300-$500 or just doing it myself with free software online (turbo, H & R, taxact, etc) ,but would appreciate more knowledgeable opinions before deciding.

Thoughts!?!
Thank you
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Old 03-02-2019, 05:09 PM
 
43 posts, read 7,049 times
Reputation: 21
Go downtown to the Riverwalk and do your income tax return. H&R Block has a temp. booth down there
for people strolling through on a paseada.
A short return or intemizing?
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Old 03-02-2019, 08:02 PM
 
Location: Austin, TX via San Antonio, TX
5,883 posts, read 8,351,487 times
Reputation: 3173
Quote:
Originally Posted by alwayssanantonio View Post
Go downtown to the Riverwalk and do your income tax return. H&R Block has a temp. booth down there
for people strolling through on a paseada.
A short return or intemizing?
Půster lives in Florida.
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Old 03-03-2019, 01:04 PM
 
43 posts, read 7,049 times
Reputation: 21
Default Par de Mois,

H&R Block does not have a temporary booth on the Riverwalk. I do not think tax return advice is allowed here on this forum.
So, the reply was only done Ashbeeigh, just in jest. Tongue in cheek. Kidding around. Evidently the querying poster in question thinks, there must be a lot of tax experts here.
Quote:
Originally Posted by ashbeeigh View Post
Půster lives in Florida.
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