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Can’t afford an expensive accountant? DIY taxes made easy(er)

03/16/2012 By Leave a Comment

If you’re anything like me, thinking about doing your taxes on your own makes your head spin. Deductions, credits, 1040A/EZ/PC, and 1099. Trying to understand the terminology, the tax laws, not to mention gathering all the confusing documents you need, can be overwhelming.

You can calm your anxiety by using the following checklist to prepare:

  1. Gather your documents
  2. Collect information for everyone in your household
  3. Gather additional items to get a larger refund
  4. Get ready to file!
Once you’re ready to file, the best route to go is a trained professional, but that can be expensive and for those  living on a tight budget, next to impossible. That’s where MyFreeTaxes.com comes in.

Sponsored by the Walmart Foundation, MyFreeTaxes.com is a FREE tool that lets taxpayers who earn $57,000 or less (almost 80 million of taxpayers in 2011),  file federal and state taxes online. If you’re filing a simple W2, why not file for free. The site offers step-by-step guidance, and even resources to help you understand what happens after you file.

Ease your mind, file now, and be ahead of the game when April 17th comes around.

Filed Under: Lifestyle Tagged With: , ,
About Libby Juliá-Vázquez

Being Latino's Chief Content Officer, Libby Juliá Vázquez has been with BL since April 2010. She oversees all aspects of the online magazine's strategic direction including content and partnerships. She is also the owner of Write Media, a freelance writing and communications company. Her extensive experience has made her a sought-after expert in content, social media, and editing.

A self-proclaimed gypsy, Libby has lived in New York, Puerto Rico, and Utah, and now resides in Chicago.

Disclaimer: The views and opinions expressed in this article are solely those of the author and should not be understood to be shared by Being Latino, Inc.

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