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First year claiming taxes..should I..


Forum: Financial Planning and Budgeting

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  #1  
January 21st, 2010, 01:40 PM
ElizabethS's Avatar Platinum Supermommy
Join Date: May 2005
Location: Florida
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This is my first year working (was previously a student). This will be my first year claiming taxes, and want to get the biggest refund possible (don't we all!). Should I pay somebody like H&R Block to do it for me, or attempt it myself online?

We are sort of complicated..I was single and claiming both my children as dependents all year...but married in August. Would it be better to file married filing seperately or married filing jointly? DH worked for part of the year (we have his W2 as well as mine), and then claimed unemployment from September-December. He pays child support (can you write that on your taxes?) AND he adopted my children this past year, finalized in December, someone told me we could write off the adoption fees on our taxes? Just curious! Also, DH was a part time student all year long and paying for classes.

Ugh its all just so complicated!
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  #2  
January 23rd, 2010, 10:24 AM
sunnyc212's Avatar Platinum Supermommy
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When you have possible adoption and things like that I suggest a pro. Adoption is very complicated.

Child support is not claimed on taxes.

Married filing joint is almost always the best way to go.

There are also many education credits that are new this year. You can certainly attempt to do it yourself online, but with all the questions you've written here, I wouldn't recommend it for this year.
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  #3  
January 23rd, 2010, 10:56 AM
~Jess~'s Avatar Platinum Supermommy
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I wouldn't go somewhere like H&R block. They overcharge and aren't all that knowledgeable. Get a referral to a CPA with their own firm.
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  #4  
January 24th, 2010, 01:55 PM
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I'd also get a CPA (not the H&R block as they've told my dad stuff that is incorrect). Thankfully, my FIL is a CPA. There are a bunch of education credits and other stuff its just easier for us to let FIL figure it out.
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  #5  
January 24th, 2010, 09:40 PM
sunnyc212's Avatar Platinum Supermommy
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For the record I work for Block and I am plenty educated and knowledgable, so we're not all bad. But I always recommend going where you are comfortable. Calling around to CPA's as well as checking out non-profits won't hurt anything. CPA firms, Block, and all the rest are like anything in life. There are always people who don't know what they are talking about and always ones that do.
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  #6  
January 25th, 2010, 08:06 AM
mommy2Breana+Brandon's Avatar Platinum Supermommy
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I would get help with yours sound a little complicated.
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  #7  
January 25th, 2010, 03:41 PM
ElizabethS's Avatar Platinum Supermommy
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Thanks girls, that was my gut instinct!
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