My nephew asked me to do his taxes today.  He only had 1 W-2 so I told him that he could easily do this himself.  I remembered seeing the commercial on television that stated, “You do not have to be a genius to do your taxes.”  The commercial showed someone taking a picture of the W-2 and pressing a button on their phone and it was done.

I asked him to download the app because I wanted to see how it would work. Needless to say, it was not that simple.  He asked me, “why are they asking me all these questions?”  I laughed.  I would have been impressed if it was actually that easy.

Needless to say, I will work with him to use one of the free file options.  I have to pay by return using my software so I felt it would help him and I both.

This is one of the most basic returns you can do.  Others who have dependents, own homes, pay tuition, have businesses, should consider the use of a professional tax preparer with good references.  There are times when clients come to me with a prior year return and they were entitled to a greater refund.  If this happens, we simply file an amended return.  We had a case where a client received thousands of dollars because the original tax returns filed did not take advantage of deductions and credits available for the care of foster children.  The IRS asks for a lot of documentation when you file an amended return, but you can be successful in receiving a refund for a deduction that was not claimed on the original return. 

Let's Talk