I've filed my taxes thru software last year, but I was wondering if I should file thru some firm this year... please comment after reading my situation. I've graduated from university this year, bought a new car, and have gotten sick (2nd degree infection, ER visits, in another words, HUGE medical bills--how big? More than what I make this year). Given my situation, should I file thru software? or is it better to file thru something like the H&R block? Do the softwares give me forms to fill out for cars and my medical bills? Any advise will be greatly appreciated!!
2007-02-04 10:43:47 · 6 answers · asked by Ting Err 2 in Business & Finance ➔ Taxes ➔ United States
My hubby just got done doing our taxes through e-file through the IRS.gov site.... he filled them out yesterday, and today we got a confirmation that our taxes are filed, and we will have the money direct deposited into our bank account in 10-16 days... wonderful news to our ears...
Now on the site there are spaces for everything, and it asks you everything... we bought a new car, had kids, massive medical bills also... all where put foreward and gave us a nice return... and the site is guaranteed, so if they misscalculate, then they pay for it... you dont pay a cent!!(they do charge like 10$ to file state taxes though) It was cheaper than H&R block(used them last year), and saved us valuable time... simple, fast, highly recomend.
2007-02-04 10:54:56 · answer #1 · answered by Holly M 5 · 0⤊ 0⤋
The purchase of the car is not deductible anywhere on your tax return unless you use it for business purposes & aren't reimbursed for mileage by your employer. Your medical expenses, on the other hand, would be deductible to the extent that they exceed 7.5% of your adjusted gross income (the bottom number on pg 1 of the 1040). Now, this only applies to medical expenses not covered by insurance & they must be paid medical bills, not bills that are due. Medical expenses are deductible in the year they are paid, which may not necessarily be the year in which they were incurred. If you have questions, I would suggest that you find a small CPA firm rather than a company like HR Block, Jackson Hewitt or Liberty. The preparers in those companies may not be experienced enough to handle your tax return unless you happen to get someone who has been there for several years - not just taught last fall in a 6 week course.
2007-02-04 11:03:08 · answer #2 · answered by Rene F 2 · 0⤊ 1⤋
Did everyone at HR Block inform you that you will be in a position of do a twine move with the Emerald Card? Did you examine into it in the previous attempting it? How is this difficulty the duty of the tax coaching position? You topics are with the banks receiving the money and the transmitter.
2016-11-25 02:01:30 · answer #3 · answered by ? 3 · 0⤊ 0⤋
You can use the FreeFile Program through the www.irs.gov web site and do it yourself.
http://www.irs.gov/efile/article/0,,id=118986,00.html
All you have to do is search through the providers to see which one is best for you. Some providers do charge for doing the State return, but its a fraction of the cost that most preparers charge
2007-02-04 10:49:52 · answer #4 · answered by Anonymous · 0⤊ 0⤋
software will give you all the deductions for medical and all that just the same as H & R Block
2007-02-04 10:48:25 · answer #5 · answered by glamour04111 7 · 0⤊ 0⤋
through someone www.shaydzofluv.com
2007-02-05 04:23:29 · answer #6 · answered by shaydzofluv 2 · 0⤊ 0⤋