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Call me crazy but I think the $158 I paid to have mine done by a CPA is well worth the peace of mind. Also I don't have to use my time researching all of the laws surrounding what to fill out where, what paperwork needs to be included, etc. I know it isn't rocket science and I took quite a few 300 level accounting classes in college. But my accountant has saved me money in the past based on rules that you wouldn't know existed unless told or happened to stumble upon them.
Plus he gives me a pretty sweet binder with everything in order and together to a level of detail I know I would never do.
I think $158 at CPA is a great price. TurboTax charges $59.99 for 1040 return, I think. Plus I hope your state return was included in $158. I never do my state return in TurboTax, as once federal is done, our state is a piece of cake, I do it right on the state's website. However, if someone would offer me to do both under $160, I would do it in a snap!
I paid $330 thats about 125 more than I paid last year. I felt its too much. My brother paid about 400 for much simpler taxes.
I am thinking I should do it myself next year. Past years I had complex tax prep. How much did you pay?
$0. Used Taxact through IRS web site, and it also handled my state return!
Last year: $328. I was shocked. It didn't used to be so expensive. You can probably guess why I decided to do it myself this year.
$49.99 - TurboTax. Unless you are self employed/small business owner or have some type of complex investment vehicles, ie. trusts, foreign accounts, etc., going to a tax preparer is a waste of money.
I think $158 at CPA is a great price. TurboTax charges $59.99 for 1040 return, I think. Plus I hope your state return was included in $158. I never do my state return in TurboTax, as once federal is done, our state is a piece of cake, I do it right on the state's website. However, if someone would offer me to do both under $160, I would do it in a snap!
State is included!
He doesn't even take on anymore clients anymore because he is so busy. He's charged a fair rate ever since I've used him.
$1,300 for my corporate taxes which had to be filed by March 15 I believe it is and now I have to pay for my personal taxes. With a 72,000 page tax code, my taxes are much more complicated.
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