Saturday, February 6, 2010

Taxes Done!

In years past, I've gone to H&R Block to have my taxes done and usually pay upwards of $350 for this service.  This year, at the encouragement of my best friend R, I did them myself and I have to admit that it was pretty easy!  I used TurboTax and it cost me only $19.45 to do them online here through Bank of America's webpage.  The program is really intuitive and asks you questions that you truly understand.  From start to finish it took me about a half an hour.  And, being the anal retentive person that I am I also did mock taxes at HRBlock.com and Taxact.com and received the same refund at each site.  I cannot believe that I wasted $350 every year since I turned 18 to get my taxes done. 

Now, mind you, I filed jointly as married with children and a house.  I didn't have anything else so if you have more than that then it might be best to go to a tax official. Your mileage may vary. 

The great news is not only did I save on doing taxes myself this year.....but our return will be pretty good!  Roughly a little over $7000 will be refunded to us.  I cannot wait!  I can't wait for the feeling of being caught up and actually paying off some debts AND having that $2,000 emergency fund in place. 

Cheers!

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