I have finally taken time today to sit down and fill out my tax forms. I like using the Tax Cut software form H&R block. It seems more intuitive to me than Turbo Tax. Plus I have all my old data in Tax cut so it is easier to import last years tax data than if I switched to Turbo Tax.
I have 1099 forms from Google and and couple of other clients to put in as income and a ton of business expenses to off set them. Looks like I will be getting a small refund.
Now I have to see if it is better to include my son’s interest income on my tax form or make a separate one for him. I love having tax software to run multiple scenarios. I am always amused at people who stress over whether they should take the standard deductions or itemize. I just run both ways and see which one gets me the best return. No stress; just trial and error.