Should You File Your Own Taxes?
Get Breaking News First
Today's Most Popular Video
MINNEAPOLIS (WCCO) – We are just a few days into tax filing season. Though most people probably haven’t gotten their taxes done quite yet, WCCO took look into answering one of the most common questions.
Tax season was delayed a few weeks, but the deadline is still April 15.
There are so many options to file, from online software to meeting with an accountant, to simply doing it yourself.
WCCO talked with some local tax experts who say it really depends on your financial situation. If you’re single and don’t own many assets like a house, you can probably get away with filing your own taxes.
The IRS estimates the average American taxpayers needs about 22 hours to file their own taxes or use an online service.
If you do use an online service, it’s best to use one where you can call and talk to a person if you have questions.
If are married and have some property and a business, it may be best to sit down with an accountant. No matter how you file, places like H&R Block will give you a free second look. While the second look is free, most places do charge a fee to make any changes and help you file.