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Author: jerry5453 Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 4925  
Subject: Re: Tax Preparation? Date: 3/25/2013 10:10 AM
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Donna & Jonathon,

As a quick exercise I did a free TaxAct cut at the 1040 a couple of
days ago just to see the DIY process (wasn't amused by the pounding to
updgrade ... but what do you expect for free? :) and it seemed easy
enough and to cover rentals pretty well. And I'm sure they're all
(TurboTax, H&RB, etc) about the same.

The complexity of my return is about the same or less than yours
Jonathon, only adding a 4825(Farm Rental) & 8889(HSA) and dropping a
couple, so you're validating a bit what I think that my CPA's fee's
may be "tad" more than I could get if I did some shopping around.

As far as information he gets, he sends an "Organizer" out where 99% of
the blanks I've filled in are directly put into his program as I sit
there, and being the somewhat anal retentive engineer that I am, I'd bet
I'm in his top 10% of highly organized clients.

On the depreciation items (there's a page & half since 1985 on the
duplex) I'll make it project to pull out all the returns and go down
through them individually and see the method used, which one's are
still active, and how they add up to this magic depreciation value
that's put into the return each year.

Sooooo, many thanks for the replies.
One vote for DIY, and one for a more cost effective CPA.
My greatest desire is to start doing them myself .... it'll probably
be the most $/hour I'll ever make at my current cost.
I'm sure there will be discomfort on changing tax law ... oh well.

Thanks again,

Jerry
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