Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 03-02-2019, 07:26 AM
 
1 posts, read 743 times
Reputation: 10

Advertisements

I have basically zero knowledge about taxes, deductions, credits, etc... I’ve 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?

I’m 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
Reply With Quote Quick reply to this message

 
Old 03-02-2019, 04:09 PM
 
54 posts, read 49,639 times
Reputation: 32
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?
Reply With Quote Quick reply to this message
 
Old 03-02-2019, 07:02 PM
 
Location: Austin, TX via San Antonio, TX
9,852 posts, read 13,701,644 times
Reputation: 5702
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?
Póster lives in Florida.
Reply With Quote Quick reply to this message
 
Old 03-03-2019, 12:04 PM
 
54 posts, read 49,639 times
Reputation: 32
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
Póster lives in Florida.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
View detailed profiles of:

All times are GMT -6. The time now is 08:00 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top