why not try to use turbotax and have a cpa look it over the first year
Posted By: turbotax user on 2006-06-23
In Reply to: Rental properties and TurboTax sm - mlstoo
you can still use turbotax to do your personal taxes and just use a cpa to do your business taxes. I use mine for my corporate taxes but do my personal via Turbotax. It gets better each year as it keeps importing data.
Complete Discussion Below:  marks the location of current message within thread
The messages you are viewing
are archived/old.
To view latest messages and participate in discussions, select
the boards given in left menu
Other related messages found in our database
TurboTax!
I used an accountant for 5+ years, but 450.00 got too expensive. Used turbo tax last year and loved it, just so easy!!
I used the previous years taxes as a cheat sheet to help me fill out all the forms.
HTH
Been using TurboTax since it came out and never
I used TurboTax too, and sm
I have a small transcription business on the side, so I had my W2 to file plus several 9910 misc. income as well. This was my first year filing taxes with my own business, and it walked me right through it, asking every little detail. It was great.
Turbotax
Yes it is! I love it. Most of the calculations are done for you. You still need to have some figures in front of you when you use it though, like your home office deductions.
TurboTax software
or one of the other tax programs will lead you through the process and make it very easy if you don't want to pay someone to do your taxes. Just make sure you have all your documentation handy and let the TurboTax program do the rest.
TurboTax is good.
nm
tax Q&A - TurboTax, under 2 weeks
nm
TurboTax or TaxCut
Which program do you think works better?
Rental properties and TurboTax sm
Anyone have rental properties and do your own taxes with TurboTax? We used to have rentals and the accountant did the taxes but charged us like close to $400.00 for our return. We have since sold everything and this year I did them with TurboTax and really the features. Now we are thinking of purchasing another small rental and would like to know how TurboTax is with rentals. Is it easy and pretty much self-explanatory? Do you like to use it for this or do you have an accountant do it? Thanks in advance. 
I used on-line TurboTax and it was free
nm
TurboTax Home and Business.
I've used TurboTax for self-employment
and never had any troubles at all. I've used them for about 4-5 years now.
Did mine through TurboTax, got it via DD in 7-8 days.
xx
TaxAct and TurboTax will work for self-employed.
No need to buy the expensive business versions of them either. I don't know about TaxCut, but I'm sure it's the same. No, you do not have to prepay your taxes quarterly either. The first year is considered a "trial run" meaning that you need to establish a base pay before they can establish a quarterly tax payment amount due. I've been self-employed for 10 years now and have never made quarterly tax payments because I've never owed.
Used TurboTax & Hubby said go to our tax attorney just to be sure u got everything back you could he
x
Mine are in year-round thank goodness! They've started their new year 2 months ago.
x
Union diesil mechanic - good pay, great benefits. We swap year to year on who brings home more sm
money.....but I am an IC and he has all the benefits...health insurance/dental that the company pays for, pension plan, 401k, etc. Factor all of that in and he makes way more than I do.
to cowgirl - Last I knew, last year the job paid $25,000/year no taxes, etc.
The hospital was bombed about a year ago, but not a lot of damage, very minimal damage.
44-year-old WF, M, Texas, 3 grown kids, just had 26 year wedding anv.
nm
nope, still crunching last few days of year to hit my 50k this year. how can you when you haven'
;
Nothing this year. We ALWAYS got a cool surprise in the past, but this year nothing. :-( nm
d
After I went to a 1-year MT course at a vocational school, it was so bad that I did the 2-year colle
Not only did I finally receive the proper training, but the woman on the advisory board hired and mentored me. I also joined the local AAMT and networked. Good luck. I know how frustrating it can be. A community college will have a good program to include medical language, MT courses taught by local MTSOs, business English, anatomy and physiology, pathophysiology, etc.
I think he makes $700,000.00 a year, and if they ask him to walk before his first year MQ has...sm
to pay him a cool 1 million dollars. You can check this out at the Medquist website. I think the CFO makes $350,000 a year, and the head of IT makes $250.000 a year.
P.S. This does not include the perks, like expense account, car allowance, sign-on bonus, etc.
Our 16 year old son has been working for a year now to pay for his truck.
He's learning how to sand and do body work and how the engine and transmission go together. My parents didn't buy cars for my siblings and I either. I had a 20+ year old beater car until I could afford to move up to a a newer one.
I see all the nice new cars parked in the high school parking lot every day. It's nice that so many disrespectful punk kids get handed something nicer to drive than what all the teachers drive. Oh, well. Honestly, I think most of them borrow Mommy or Daddy's car or are the child of a doctor who can afford to hand them everything.
Hopefully, my kids will take better care of their cars because they bought and built them on their own. You're not going to grow up to be responsible if you don't work hard for something and expect Mommy and Daddy to bail you out all the time.
Oh, my Dad lectured us on even allowing our child to have a vehicle because Dad didn't have one until after he had worked his way through college, lettered on the football team, got straight As, lettered on the baseball team, yadda yadda. He either walked or hitched a ride. Yeah, well, times were different back then, Daddy-O. LOL At least my kid has the opportunity to work and earn his own car.
IC - 30 hours week, $98K last year. So far this year - 28K. sm
Individual IC - own account(s).
Not me, owed last year, and expect to owe this year- sm
or break even, had more expenses this year. Only owed $200 but still don't want to owe at all. Need to start doing estimated tax payments again so I don't owe! Guess I will get off my butt and do that this year.
come on.. you cannot compare a 2-year-old and a 15-year-old
x
46/F I have a 9-year-old girl and a 12-year-old boy.
.
Got $$$$ back last year but this year
I have to pay them, sold a property I never lived in but I had enough sense to set aside $45,000 so just waiting on them to send me my WT2s so I can get started.
Ask me next year. sm
I quit as an IC telecommunting for a hospital where I was making $35,000 a year, and started for a national as an employee in April. So far, only made $4600 with them. Big OUCH! But just getting the hang of expanders and the 4 accounts I have.
Can't wait to see my end of year :(
less and less every year - sm
Used to be about $35,000, now is about $30,000
Can RAM die? I put in more RAM last year so I should have 768 -- but it says 256 now- sm
anyone have any ideas? I am positive after I put in the new card back in early 02/2005 it read 756. So if anyone had any insight or suggestions I'd appreciate it.....might explain why my computer has been a bit slow lately...we have also had a lot of power surges/outages lately, but I do have battery back up now (after it wiped my work out 2 x), maybe it got fried from that? TIA.
About a year now. Don't like it. NM
x
3 year old
I am very glad you have a happy ending. A friend of mine, who is an MT, had the same thing happen to her with a tragic ending. Her son had drowned in a pond on their property. He was also 3 years old. They just don't realize the danger.
Make sure he removes his make up before he goes to sleep, LOL.
Big S does. For one year.
I am actually thinking of dictating the information into a microcassette and then hiring a typist to type it out for me.
year-old
I believe I put it in Autocorrect as -yo and then expended to -year-old and it finally worked.
I kept a log my first year but never again. NM
x
-year-old
When you save -year-old in your autotext check the formatted text box NOT the plain text. This should work.
I did it one year...sm
I lived in PA and was losing about $300 a week because of being out of work. It wasn't really worth it because they only gave me $20 a week to make up for it. I did it over the internet, so paperwork wasn't a factor, but keeping up with the check-in dates got to be a pain for so little money. Unfortunately, it doesn't seem like there is much help for us during the slow time. Unemployement isn't just for the totally unemployed. If you are losing work due to things beyond your control, that still counts. Hope this helps!
Well, I did get a cat the next year...
so Dorothy was treated to those three cans of cat food! However, she didn't like 'em.
Maybe next year
she can blind carbon copy everyone and nobody will be the wiser.
Anyone else with an 18-year-old
My son is pulling the "greater than thou" attitude. I don't know if this is his way of getting me to kick him out of the house or what. He is to start college next year and we had told him he could stay here to save on rent, but I don't think it is going to work out. Also, what obligation do we, as parents, have as far as assisting in college payment?
> 1st of the year I think she said. nm
x
My ten year old said to me the other day, sm
Mom, you look like a Saint. I said, "a Saint"? He said, "ya a Saint Bernard"
So much for the new year being better than the last.
Life could be a lot worse, right? I know, but I still have no work even at a different job. I still have no money. My bills are still behind because my jobs have just snowballed in the past three months. Home life is the same old, same old. Can't get the kids to pitch in without complaining. Still can't get them up in the morning despite moving their bedtimes back. Can't get the husband to cut back on the budget. His job has been really slow since Thanksgiving, too. Christmas was the same old thing. I wound up returning my Christmas presents again this year. Nobody gives refunds even with gift receipts so I get to use the gift cards to buy groceries. I don't know why I thought the new year would be any different. It's so darn depressing. What's the point of trying so hard when nothing ever changes?
What year?
x
$700-$800 F/T, although 3-year-old
is constant interruption. Not her fault, of course. She is going to the sitter's starting next week. I have seen how much of a difference it makes when she is not around.
It's a man's year this year!
They are unstoppable. It's too early to call for me, but my best friend thinks it's going to be Elliott. He is good. Beautiful voice.
I was going to do this last year
but figuared my then 3 year old would just splash my laptop. It would be nice to have one but I don't think I would get much work done with my son. He is an only child and wants to be played with a lot of the time
One 3-year-old and trying for my second!!
I have only been doing this for a year..
and I am fully aware of all of the above, except the (GERD). Like the others said though, that is just probably how the account wants it done. My account wants the 2 spaces after each period though, so that is how I do it.
I personally would not worry about what other people are doing. If they are not doing their jobs right, that will be their problem. By correcting the above though, you only benefit yourself.
I would suggest entering some of those in your expander. I have bid put in to expand out to b.i.d. The same goes for q4h, expands out to q.4 h. Once you enter all those in, you won't have to worry about doing it wrong anymore. It will correct them for you. It doesn't get any easier than that. Good luck!
|
