@bgebrentwe may have the same accountant? 

bgebrent said:

I tell my Jewish-Italian accountant to take care of it. No idea how long until sentencing. 

It will be big. You are being closely watched after that intentional boat number scheme and obvious slight of hand moves with your alleged cooks. Be careful....be very very careful.

pgprescott said:

I’m not sure I learned much except @DoubleEgger is a first class, well, you know. 

Just responding to yet another ignorant statement by Ron. 

Everyone who itemizes isn't drowning in debt as Ron implied.  That's simply an ignorant statement. 

I will be looking for the drama edition of turbo tax

YukonRon said:

Woodchunk said:

I will be looking for the drama edition of turbo tax

I have every version released. I especially enjoy the action/thriller series which absolved you from any tax liability and calls you a hero when printed.

My personal favorite are the historical period pieces.  It sends me all of your taxes.

YukonRon said:

pgprescott said:

I’m not sure I learned much except @DoubleEgger is a first class, well, you know. 

I try not to take exception to the comments made occasionally in this room, as I never can be certain whether they be in jest, or real.
However, should this comment be derogatory, I will do so now.
First of all, you are making a baseless and moronic assumption about @DoubleEgger.
I know Michael. He is first class in a manner you can't possibly understand.
He is amongst the first to help out in any cause, and provides practical, logical information to those in need.
You want to call somebody a first class ass hole, you start with me. I deserve it on every level you got.
Michael does nether care about or need opinions from you about him.
You are wrong here.
Peace.

I would like to agree with most of this post but disagree with two sentences in the middle.  That does not appear to be an option.  

YukonRon said:

pgprescott said:

I’m not sure I learned much except @DoubleEgger is a first class, well, you know. 

I try not to take exception to the comments made occasionally in this room, as I never can be certain whether they be in jest, or real.
However, should this comment be derogatory, I will do so now.
First of all, you are making a baseless and moronic assumption about @DoubleEgger.
I know Michael. He is first class in a manner you can't possibly understand.
He is amongst the first to help out in any cause, and provides practical, logical information to those in need.
You want to call somebody a first class ass hole, you start with me. I deserve it on every level you got.
Michael does nether care about or need opinions from you about him.
You are wrong here.
Peace.

The fact that you deduced this as “the” option speaks to the point. I offered nothing more than the previous content and an open ended statement that if the previous content were not as it is, could have been interpreted many different ways. Of course you being able to read and of above intelligence, were easily able to put the correct answer together. Sorry. 

Not married, No kids, 2 mortgages, donations, work related expenses, home office and I still struggle to beat out the standard deduction. 

Legume said:

ColtsFan said:

Not married, No kids, 2 mortgages, donations, work related expenses, home office and I still struggle to beat out the standard deduction. 

Find some kids.

No tax deduction can make up for the cost of children.

well this thread is disturbing, have always been able to itemize, i owe too much to get by.  scribbling some quick math, i could sell the house, put 200k from it in the bank, keep the mortgage on the camp, and keep living the same dream on 15288.00 per year take home and just take the personal deduction with money back. and no friggin stress

HeavyG said:

No worries @fishlessman,  what with Trumpsterfire's new tax cuts aren't we all getting YUGE refunds anyway? 

and raises

I am Al Sharpton.  I don't pay any taxes.

A tax professional would cost you $300-$500 for personal. I think they are worth it, but each year I also personally evaluate what changed in my life. If no changes - similar income, etc, then maybe you skip and do it yourself using last years return as template. If big changes (home sale/purchase, marriage, kids, then I for sure want a professional.  At a minimum the tax professional evaluates how close you are to itemizing being beneficial (they have computer software).  Also, there is a benefit to having accountant submit.. they are on the hook too if audited. Also advice - don't go with big city accountant.. way overpriced. Find a nice local down home gal/guy.