Do u open an account for yourself and u can do the kids’ taxes too or do u open an account for each person? Maybe this is a stupid question but I’ve never used these products before.
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Re: Doing kids’ tax returns on Turbo Tax, Credit Karma, etc question [Spiridon Louis]
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We use hrblock online and it imports things from last year to make it quicker, so I think it would be best to use a different account to keep things separate. Not sure if would even work with the same account
Re: Doing kids’ tax returns on Turbo Tax, Credit Karma, etc question [Spiridon Louis]
[ In reply to ]
How much income do your kids have?
What type of income is it?
What type of income is it?
Re: Doing kids’ tax returns on Turbo Tax, Credit Karma, etc question [jimatbeyond]
[ In reply to ]
jimatbeyond wrote:
How much income do your kids have? What type of income is it?
Interest and dividends on investments. A few thousand each. They need to file returns.
Re: Doing kids’ tax returns on Turbo Tax, Credit Karma, etc question [Spiridon Louis]
[ In reply to ]
I use TurboTax yo prepare returns for multiple people. Simply start a new return for each kid. I use the desktop and can submit multiple Federal returns online for free. The state returns I print and mail. You should check the service for their fees.
Re: Doing kids’ tax returns on Turbo Tax, Credit Karma, etc question [Spiridon Louis]
[ In reply to ]
we did the simplest - completely free (fed, state and efiling) - with turbo tax online for my high schooler. its been a couple of weeks but i am sure we needed a separate account (id and password). i doubt it took 30 minutes - so easy. I've used Taxcut (from HR Block) online other years, including helping my son when he was in high school, and found Turbo Tax to be easier, faster and completely free (i am sure Taxcut charged for state prep even with the simplest returns - which is a bit off in PA as we have a flat state tax).
Re: Doing kids’ tax returns on Turbo Tax, Credit Karma, etc question [Spiridon Louis]
[ In reply to ]
If you buy the retail Turbo Tax sw you can do multiple returns. I have the basic version and file returns for my mom & myself. You create 2 separate tax files. No idea about how the online TT or Credit Karma works.
Re: Doing kids’ tax returns on Turbo Tax, Credit Karma, etc question [Spiridon Louis]
[ In reply to ]
1040EZ used to be free on turbo tax I thought.
Pactimo brand ambassador, ask me about promo codes
Pactimo brand ambassador, ask me about promo codes
Re: Doing kids’ tax returns on Turbo Tax, Credit Karma, etc question [Sulliesbrew]
[ In reply to ]
1040EZ used to be free on turbo tax
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The Feds discontinued the 1040ez form and replaced it with annoying 1-size-fits-all combined 1040 form.
Take a short break from ST and read my blog:
http://tri-banter.blogspot.com/
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The Feds discontinued the 1040ez form and replaced it with annoying 1-size-fits-all combined 1040 form.
Take a short break from ST and read my blog:
http://tri-banter.blogspot.com/
Re: Doing kids’ tax returns on Turbo Tax, Credit Karma, etc question [Tri-Banter]
[ In reply to ]
If they don't have at least 10-12K in income, you don't have to file...
Re: Doing kids’ tax returns on Turbo Tax, Credit Karma, etc question [blueraider_mike]
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don't have to file federal, but why not file and get any tax withheld back?
my daughter would have had to file in PA anyway.
my daughter would have had to file in PA anyway.
Re: Doing kids’ tax returns on Turbo Tax, Credit Karma, etc question [blueraider_mike]
[ In reply to ]
Re: Doing kids’ tax returns on Turbo Tax, Credit Karma, etc question [rich_m]
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rich_m wrote:
don't have to file federal, but why not file and get any tax withheld back? my daughter would have had to file in PA anyway.
If the employer took our any Federal tax, my daughter (college student) works 10-12 hours a week and was surprised that they withheld no federal taxes. But you are right, if withholding you should be able to get it all back at the lower income levels.