The last of my 1099 forms arrived this week, so I’m finally ready to do my taxes. I’ve had all of my receipts and other records organized since the beginning of the year, but have been procrastinating because of the 1099 situation.
At any rate, I’m planning to use Turbo Tax Online this year instead of paying $350 for an accountant like I did last year. I know that in some instances it’s better to have a professional prepare the returns, but my taxes are so straightforward that it’s not worth it for me. I mean, it’s not like I own Wilmington real estate or have major capital gains to report.
It shouldn’t take me more than a few hours to get my taxes done. I know I’m going to end up owing about $500, so I’m not looking forward to the result here. Hopefully my cut of the “stimulus package” will arrive sometime soon to make up the difference!