It’s tax season again. And if you’re like me, you usually wait far too long to do them.
This year, I filed them earlier (last weekend), and I am reveling in the peace of knowing they’re finished. Done and done. And each year I try to pick the best software while avoiding my arch-nemesis company.
When I was in college, a large tax preparation company representative charged me an exorbitant amendment (1040x) fee when I realized I hadn’t reported my savings account interest (less than $10). I, in my naïveté, didn’t want the IRS to hunt me down over unreported income, and paid something like $35 in addition to my basic preparation fees. In fairness, I know this company probably had an established amendment fee, but I think it would have been better customer service to waive it in this situation. The amendment took less than five minutes to file.
Now that I’m older and wiser, I make sure my documents are organized and I’m ready to complete my taxes in one session. But it doesn’t hurt to find out what that amendment fee is for any tax preparation — just in case.
If you’re still looking for online tax preparation programs, here’s a great comparison chart from toptenreviews.com. The important thing is to find the program that’s best for you and your financial situation. Just read the fine print when making your final decision because the chart only reveals so much.
Once you’ve settled on a program, do a quick coupon code search to find extra savings. I got a couple extra dollars off TaxSlayer from RetailMeNot and couldn’t be more happy about it. (Note: The RetailMeNot site seems to be down right now. I hope it goes back up soon so we can peruse the coupons.)
If you’ve used online software to file this year, which program did you find the most helpful? Which program has the greatest value (bang for your buck)?
– By Lauren Davidson, Atlanta Bargain Hunter