DIY For the IRS: 9 Tips For Successfully Filing Your Own Taxes
Tax season is generally a time that no one looks forward to. But the sooner you get them done, the sooner you can breathe a sigh of relief and wait for your tax return check to roll in. But before you dive into handling your tax return yourself, MSN notes that you should first ask yourself these three questions:
1) Do you have the time to do your taxes? The IRS estimates it takes about 22 hours for a simple return.
2) Can you afford to hire someone to do your taxes?
3) If not, are you ready to handle the difficulties of understanding the complex federal code? Electronic filing has made this easier, but there are still some things you’ll need to figure out.
If you’ve come to the conclusion that filing your own taxes is still the way to go for you, then take our 10 tips for doing your own taxes… successfully.