Taxes 2005

slang · 03-19-2006, 05:21 PM

Quote:

Originally Posted by wolf

Riddle me this, batman ... If I just paid $40 for Turbotax Deluxe with the state package, why are they asking me for ANOTHER $30 to submit my returns electronically?

What is the national average dollar amount per refund and what percentage receive one?

You know how annoyed I get every year with filling out all the forms and such so I'm not defending TT or the tax code for sure. The reality seems to be that most people will get one or two thousand back and compared to 2 grand, what's $70 ? What's another $100 for that matter?

Yes, it is also true that the $70 fee is to get back your money in the first place.

xoxoxoBruce · 03-19-2006, 07:55 PM

No, the fee is for convenience. It only costs 39 cents to file.

glatt · 03-20-2006, 09:21 AM

I have never paid anyone to do my taxes, nor have I paid for software. I was very proud and all superiour thinking about this until last year, when I discovered that for three years, I hadn't been taking advantage of a particular loophole I could use. I read about this loophole in Parade magazine, of all places. So I went back and filed amended returns for three previous years, and got $200 for each amended return I filed. Took about 2 hours of research and paperwork to get that $600 back. Unfortunately (or fortunately, depending on how you look at it,) my income is just over the threshold for being eligible for that particular loophole this year.

After discovering that my incompetence nearly cost me $600, I'm not nearly as cocky about doing my taxes myself, but I still do them because I am cheap.

03-19-2006, 07:55 PM	#2
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	No, the fee is for convenience. It only costs 39 cents to file. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

03-20-2006, 09:21 AM	#3
glatt ™ Join Date: Jul 2003 Location: Arlington, VA Posts: 27,717	I have never paid anyone to do my taxes, nor have I paid for software. I was very proud and all superiour thinking about this until last year, when I discovered that for three years, I hadn't been taking advantage of a particular loophole I could use. I read about this loophole in Parade magazine, of all places. So I went back and filed amended returns for three previous years, and got $200 for each amended return I filed. Took about 2 hours of research and paperwork to get that $600 back. Unfortunately (or fortunately, depending on how you look at it,) my income is just over the threshold for being eligible for that particular loophole this year. After discovering that my incompetence nearly cost me $600, I'm not nearly as cocky about doing my taxes myself, but I still do them because I am cheap.

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