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I want to learn about tax...not to get a career in tax but just to understand what's on my W2 form and all the very basic stuff. I have no clue what's on my W2 form, deductions, allowance etc. Do you know where or how I can learn about it?

2007-01-25 08:32:20 · 9 answers · asked by RetroBunny69 5 in Business & Finance Taxes United States

9 answers

You can go to the library, purchase the book, "Tax for Dummies", go the IRS.gov website or you can purchase "TurboTax" software and teach yourself how to do tax. Most tax companies charge you a fee to take the course with them. Some will give you back a small portion of the fee if you pass the class. You can also register at you local community college and take a tax course.

2007-01-25 08:49:13 · answer #1 · answered by sweetnsexy_38 2 · 0 0

Maybe they have a "taxes for dummies" - they have "dummies books on everything

Seriously, the IRS website may be a bit technical but try the bookstore - ask the employees for help

NEVER, NEVER, NEVER get info from H&R Block. Their "tax preparers" generally don't know tax law and if they are in a crunch to get people to hire, they will hire people that flunk the final. Even if they know something, the stuff that they teach is very basic and there are lots of basic things that are "beyond the scopr of this class."

2007-01-25 08:43:46 · answer #2 · answered by Dizney 5 · 0 0

If you want to learn about taxes, you can enroll in tax school from H&R Block or Jackson-Hewitt. They will teach you everything you need to know and more. They may say tuition is free, but they charge you for your book. I knew people who enrolled for $50. After the course they may ask you to work for them. You are not obligated to do so. Since their tax school is probably finishing up, you may have to wait until after tax season. In the meantime, I would suggest reading the instructions for form 1040EZ. If you seem to be able to fill that out and understand it, try doing the same thing for form 1040. If this does not work, I would suggest finding a tax preparer. It does not have to be an accountant. Doing this you can probably have your taxes prepared for $50-$100.

2016-05-23 23:28:13 · answer #3 · answered by Anonymous · 0 0

H&R Block offers a basic tax course that you can take and you are not required to become an employee. You can also pick up "Taxes for Dummies", it's a very basic and easy to understand book.

2007-01-25 08:43:29 · answer #4 · answered by koral2800 4 · 0 1

You can go to your local book store and get a book on income taxes. It may not be the best reading material but at least you can flip through the pages and read what interests you the most.

2007-01-25 08:39:30 · answer #5 · answered by emeraldsky21 2 · 1 0

I found the best website today for learning basic tax stuff (then some). It is called "bankrate.com." Click on the "tax" tab and go from there.

I know you will learn from this.

2007-01-25 08:54:43 · answer #6 · answered by Samuel V 1 · 0 0

IRS Publication 17 is about the best reference I know of for general tax info. You can find it here http://www.irs.gov/pub/irs-pdf/p17.pdf If you really get interested, just go to the IRS site - irs.gov and see what they have available. They do have a frequently asked questions section on their site.

2007-01-25 08:42:32 · answer #7 · answered by curious george 5 · 1 0

Become a Democrat, they know everything about taxing people

2007-01-25 08:40:12 · answer #8 · answered by notmine4268 2 · 2 0

Wikipedia maybe?

2007-01-25 08:39:40 · answer #9 · answered by Nabiha... 4 · 0 1

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