To be honest, if all you are doing is entering two w-2 forms, and 2 or 3 1099 forms, you will likely be fine with the free versions. Full disclosure, I have never used one so I dont know. But just trust me, if thats all you are doing for your taxes, you definitely can DIY, and in fact it will benefit you. You will start to see where your marginal tax rates change and things like that.Is the software a 1 time purpose? I guess buying it once saves me some money as it isThere are some tricky tax issues, such as adjusting cost basis for ESPP and RSUs, but really the hard part of filling out your tax returns is gathering all the information in the first place. And you have to do that even if someone else does the actual data entry. And at $70, I would be surprised if they were doing any more than data entry. DIY software can easily cost $30-50.
It can be tedious if you have a lot of entries, but it doesn't sound like you do. And you may be able to import some of them, such as your W2s.
Statistics: Posted by coachd50 — Sun Jun 09, 2024 5:22 pm