Next year we're hiring a CPA to do our tax return.
You might shake your head & wonder what's the big deal. That's because you don't know us/me- 43 years married to the King of DIY and unwitting convert to the title Queen of DIY. Anyone who KNOWS us... I mean realllllly knows us... will appreciate the concession this represents & might just worry about our mental health. Spend money on something we can do ourselves, even if it kills us? IMPOSSIBLE!
15 years ago Turbo Tax brought relief to our annual self-inflicted manual torture. After the 1st year of transition into TT, April 15 wasn't as much hell as before. In the early '80s, I'd had 3 tax seasons working the Help line for the IRS, where I learned how to read the tortuous language of the publications & follow the maze to fill out a form. Compared to those challenges, TT's Query method was a breeze. But sometimes the Query was ambiguous. When I didn't know how to interpret a TT question, I'd try each interpretation, then find where on the tax return TT put my answer. The location of my answer on the tax return plus some familiarity with taxes & typical forms taught me how I was supposed to interpret that Query. I'd then make a note about it in an ongoing README file I'd Save for each successive year. I confess that I was pretty proud of myself.
BUT THIS YEAR TT HAD A BUG! Yes, I learned that my personal God-in-a-Box was flawed.
After barely surviving another annual organizing effort, TT's bug almost finished me off. It kept wanting to checkmark inappropriate things related to our retirement contributions & would not retain our corrections. I dug deep into TT's bowels of worksheets, "Data Source," & "About Line x" references, but could not find whatever hidden glitch forced these incorrect checkmarks. Amazingly, every IRS form TT filled out for us appeared to have correct data. So after 2 weeks of hair-pulling & family feuds, we crossed our fingers & efiled this *!%&$ return. BUT I was no longer a True Believer. I had lost my faith in my God-in-a box.
Tonight my husband & I celebrated our After-Tax Freedom with a huge steak dinner at Outback Steakhouse! The TT fiasco gave us the final reason to throw in the towel on DIY taxes. We decided we are too old (especially after this April fiasco) to waste 2-3 months stressing out over this stuff.
We're collecting names of good CPA's on Seattle's Eastside. There's only 1 problem. Do we dump a baggie full of stuff on his/her desk & say goodbye or what? We have absolutely no clue!