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Home > Should I use a tax place this year?

Should I use a tax place this year?

February 9th, 2007 at 01:49 pm

Advice, please...

I usually do our taxes myself each year. However, 2006 was full of activity so now I'm not sure... what do you guys think?

2006 events-

1099-S Sold house (lived in for 4 years)
Bought new house
1098 Mortgage interest for 2 houses
1099-DIV
1098-T (paid for grad school in Dec for Spring semester start in Jan 2007)
1099-R rolled over 401-K plans to IRAs
1098-INT
DH has 2 W-2's
I have 3 W-2's
DH has a 1099 from a part-time job
Childcare statements
Property tax statements

So, does any of that above look like I should have a "professional" do it or is it something I can handle myself. I usually use TaxAct and know that it should work fine but I'm wary that with all the things that we did, selling a house, rolling over the 401k, etc. that I might miss something.

People automatically assume sometimes that because I have a finance degree that I should know taxes automatically... uh, NOPE. Taxes are such a foreign creature to me and that's the one area that I am so unfamiliar with. So you CPAs out there, please help... should I go seek out the nearest H&R Block and pay $400 or do it myself for the cost of a few headaches?

Posted in Uncategorized | 2 Comments »

2 Responses to “Should I use a tax place this year?”

  1. Ima saver Says:
    February 9th, 2007 at 02:07 pm 1171030055
    1171030055

    I would go to H and R Block if I were you.

  2. LdyFaile Says:
    February 9th, 2007 at 07:14 pm 1171048498
    1171048498

    You can always plug everything in online and get an idea before actually having to pay for it. Then take it into a 'professional' to compare. Though I don't know if you have to actually go through with it with the professional or not but at least you'd know if you were right on doing it online.

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