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We've always used an accountant, but we moved to another state and I'm wondering if I can do this myself using Turbo tax. We have a small nightly rental cabin and husband is a sub contractor so we have a lot of deductions. Is turbo tax possible on my own?
I've use Turbo Tax for small business for many years. It's very easy to use. Hardest part is probably adding up all your expenses for the year. Entering them into Turbo Tax is easy.
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
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Same here. As long as you keep your revenue and expenses in a spreadsheet all year, it takes only an hour. The business edition with Schedule C costs a bit more but well worth it. I used it for 15 years after firing my accountant who was charging me a fortune.
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