Current Events > so, uh, what exactly should i be keeping track of if i want to do my own taxes

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cavalierking
02/12/20 5:48:46 PM
#1:


this year (parents have been doing them for me up until now; they've got me covered for 2019)?

it's not as simple as just keeping all of my receipts, is it?

i am... very shamefully completely ignorant of the process

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Laserion
02/12/20 5:50:11 PM
#2:


cavalierking posted...
it's not as simple as just keeping all of my receipts, is it?
Do you have to have them physically, or is a spreadsheet with dates, amounts and type, be enough?
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cavalierking
02/12/20 9:37:12 PM
#3:


boomp

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KainWind
02/12/20 9:38:07 PM
#4:


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Tired-Insomniac
02/12/20 9:38:24 PM
#5:


W-2
TurboTax
???
Refund!

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_____Cait
02/12/20 9:39:59 PM
#6:


e-file, it is so much easier.

If you are an employee, just follow the directions. Your boss has done all the hard stuff. Keep the W form they give you.

If you run your own business or are an independent contractor, that gets a little more complicated and you might want to go to a professional if you have no idea what to do.

Im assuming you dont own any property or havent done anything weird with your money, so just follow the guidelines on turbotax if that is the case.

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cavalierking
02/12/20 10:08:24 PM
#7:


is it really that easy?

like, aren't there a lot of specific values they ask you for that, unless you've been keeping track of, will be hard to provide (e.g. work expenses or whatever)?

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TeaMilk
02/12/20 10:16:47 PM
#8:


Yeah if your only income is from a job itll all be on your W2. Use the free online turbotax thing

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CE_gonna_CE
02/12/20 10:18:43 PM
#9:


Tired-Insomniac posted...
W-2
TurboTax
???
Refund!

TeaMilk posted...
Yeah if your only income is from a job itll all be on your W2. Use the free online turbotax thing

All of this. Turbo tax will walk you through everything.


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cavalierking
02/12/20 10:31:18 PM
#10:


alright then

thanks, guys

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