Berkeley CSUA MOTD:Entry 20641
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2024/12/24 [General] UID:1000 Activity:popular
12/24   

2001/2/21 [Reference/Tax] UID:20641 Activity:nil
2/19    Can a good CPA really save you more money than turbotax?  I finished
        doing my taxes with turbotax and I'm considering paying a CPA to do
        it again.  Just to see if he/she can find more deductions and ways of
        saving me money.  Has anybody done the same?  What was the result?
        Thanks.
        \_ Yes. Yes. Good.
        \_ If you did your taxes and ended up ahead (or even close to) the
           Standard Deduction when you Itemized, you might want to go for it
           (get the CPA).  If the Std was solidly in the lead, they probably
           won't be able to magically find multi-thousand-dollar things for
           you to deduct.
           \_ depends on whether you have 1099 income from independent sources
              or not.  With it, you can deduct items not incl. in the standard.
              \_ But presumeably TT would have caught that...
              \_ If you have 1099-MISC income of any import, go see a CPA.
                 The interactive "What-if" walkthrough w/ accountant nabbed a
                 good $6k extra return for me, at a cost of $500 for the
2024/12/24 [General] UID:1000 Activity:popular
12/24   

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