OP,
I started using TurboTax five years ago after I was billed $850 for my return. My situation was a bit complicated until I started using it. I was able to simplify by using different investments that were more friendly to report. And no I didn’t give up any profitability when making the changes. As many on the Bogleheads have said you should know your tax situation so you can reap the benefits. Forecasting is not something that most CPAs will offer. Nor do they make suggestions about how you could improve your situation as you apparently have in mind. Nor do they give end of year estimates. Probably could do more but I’m not sure why they don’t. Maybe others will chime in. It would seem that their training would allow for more services. We could speculate but probably shouldn’t.
My background is in the health care field. I started from scratch. I read Bogleheads and others. Definitely worth the effort. I can do forecasting to get an accurate estimate of the years tax bill. This allows me to plan ahead for the current year and beyond.
You should do this. The learning curve is not steep. TT is about $60 on Amazon.
I started using TurboTax five years ago after I was billed $850 for my return. My situation was a bit complicated until I started using it. I was able to simplify by using different investments that were more friendly to report. And no I didn’t give up any profitability when making the changes. As many on the Bogleheads have said you should know your tax situation so you can reap the benefits. Forecasting is not something that most CPAs will offer. Nor do they make suggestions about how you could improve your situation as you apparently have in mind. Nor do they give end of year estimates. Probably could do more but I’m not sure why they don’t. Maybe others will chime in. It would seem that their training would allow for more services. We could speculate but probably shouldn’t.
My background is in the health care field. I started from scratch. I read Bogleheads and others. Definitely worth the effort. I can do forecasting to get an accurate estimate of the years tax bill. This allows me to plan ahead for the current year and beyond.
You should do this. The learning curve is not steep. TT is about $60 on Amazon.
Statistics: Posted by hvaclorax — Mon May 27, 2024 1:46 am — Replies 2 — Views 567