article Win $100! What do you wish you'd known the 1st time you filed taxes? in Community news & announcements

Win $100! What do you wish you'd known the 1st time you filed taxes?

Raph — Thu, 17 Mar 2022 03:45:31 GMT

Re: Win $100! What do you wish you'd known the 1st time you filed taxes?

NWPESSIMIST — Tue, 01 Mar 2022 22:28:53 GMT

I wish i had known all of the different deductibles that you should be keeping track of throughout the year. Any purchases that were used for work aswell as gas purchased for miles traveled commuting to and from work.

Re: Win $100! What do you wish you'd known the 1st time you filed taxes?

A_flash — Tue, 01 Mar 2022 23:29:12 GMT

I wish I would've know how FAST and EASY it was to use the online or app that Turbo Tax offers to e-file taxes for free, the very first time I prepared my taxes myself. Turbo Tax saves a lot of headaches and avoidable errors in the filing process.

Re: Win $100! What do you wish you'd known the 1st time you filed taxes?

Fera — Wed, 02 Mar 2022 00:43:40 GMT

I wish I would have known that I shouldn't read to much into the questions that are asked. The questions are much easier to answer if you do not look too deep. Stay focused and organized. Remember to breath. This is so easy just take o it one question at a time and if you nugget to look something up don't panic you can close out and then start right back where you left off. You got this

Re: Win $100! What do you wish you'd known the 1st time you filed taxes?

ANCIENT BILL — Wed, 02 Mar 2022 01:05:55 GMT

When I first filed in 1958 when I was 17 years old, I wish there was TurboTax so i didn't have to pay my parents CPA for doing a return for me.

Re: Win $100! What do you wish you'd known the 1st time you filed taxes?

deesmith304 — Wed, 02 Mar 2022 05:24:29 GMT

How I manage to mix up free, get a $1505 return, pay to have it done ($184) then only get $1280.

Re: Win $100! What do you wish you'd known the 1st time you filed taxes?

robo660 — Wed, 02 Mar 2022 06:18:11 GMT

Im just glad that you guys have my back at turbo tax that is a weight lifted that was always heavy also I wish I had known that you all are dedicated to help ppl like me that' goes a whole lot further than any those assholes at (H&R Block) they told me one year that it would cost me more to file my taxes than what I would be getting back !! I thought okay and they where so rude to me I didn't know what to say so I went to another tax filer and got back way more than I thought I would have after H&R Block told me It would cost me more to file than what I'd get back what a bunch of snobby assholes

Re: Win $100! What do you wish you'd known the 1st time you filed taxes?

TraeCormier — Wed, 02 Mar 2022 08:26:27 GMT

The first time I filed my taxes, I WISH I would have known that it would have been MUCH easier filing through TurboTax, as opposed to doing taxes "on my own". TurboTax really makes you feel like someone has your back.

Re: Win $100! What do you wish you'd known the 1st time you filed taxes?

Killasha6583 — Wed, 02 Mar 2022 14:23:28 GMT

I wish that I knew, that I could have had, a live tax expert to help me.

Re: Win $100! What do you wish you'd known the 1st time you filed taxes?

harshaint — Wed, 02 Mar 2022 18:41:37 GMT

I wish it was clear how to file taxes if I moved here from another country mid-year

Re: Win $100! What do you wish you'd known the 1st time you filed taxes?

Laurenmefford — Wed, 02 Mar 2022 18:55:54 GMT

I wished I known about how things worked better. Wasn't all forsure what some of it actually meant. Had to do a little research to understand the deductions etc.

Re: Win $100! What do you wish you'd known the 1st time you filed taxes?

lindafriend2018 — Wed, 02 Mar 2022 19:01:08 GMT

I wish I would have known that if I paid the amount they were asking for, I will get more back. And also my husband and I didn't really know what we were doing and we filed as married but doing it separately because we both were not there at the same time and it cut our refund from like $2,000 just for me to $500. And he went from $4,000 to $500 also.... lol

Re: Win $100! What do you wish you'd known the 1st time you filed taxes?

layth_numan — Wed, 02 Mar 2022 19:20:50 GMT

I wish I knew how was the rest CTC advanced payment be calculated when getting tax return

Re: Win $100! What do you wish you'd known the 1st time you filed taxes?

hirenjb — Wed, 02 Mar 2022 19:36:45 GMT

I wish I knew how was the business deduction and home purchase calculated when getting tax return.

Re: Win $100! What do you wish you'd known the 1st time you filed taxes?

Dena Padgett — Wed, 02 Mar 2022 19:40:41 GMT

I wish I would have known that when you get married they deduct less money from your paycheck. We had to pay 800.00 . That's when I learned you can have extra money taken out so you don't end up in debt to the IRS

Re: Win $100! What do you wish you'd known the 1st time you filed taxes?

Krneki20 — Wed, 02 Mar 2022 20:06:10 GMT

I wish I had know if there is crypto currency payment method when I file my tax. TurboTax is the best site for filing your tax @Raph @Dena Padgett @lindafriend2018 @layth_numan @hirenjb

Re: Win $100! What do you wish you'd known the 1st time you filed taxes?

JWJW — Wed, 02 Mar 2022 20:11:53 GMT

It was my first time using TurboTax, and I wish I knew it is much faster to e-file than to paper-file. TurboTax is really great for e-filing, and I will use it forever from now on!

Re: Win $100! What do you wish you'd known the 1st time you filed taxes?

hasan082245joann1 — Wed, 02 Mar 2022 20:49:24 GMT

I wish I knew

https://www.troweprice.com/personal-investing/resources/planning/tax/fund-specific/reporting-for-foreign-taxes-paid.html

Foreign Tax Credit

If you wish to take a credit, you may use the simplified or standard method. You may use the simplified method if:

Your share of creditable foreign taxes from all sources is $300 or less (or $600 or less and you file a joint return with your spouse), and
All such income is passive. (All ordinary income from T. Rowe Price funds is passive.)

Re: Win $100! What do you wish you'd known the 1st time you filed taxes?

3gt2bez7 — Wed, 02 Mar 2022 20:52:59 GMT

I wish I knew that the death benefit one receives can't be claimed on the deceased final taxes for the year of death. It is reported on the receivers taxes or the estate.

Re: Win $100! What do you wish you'd known the 1st time you filed taxes?

vasudha_khanna2 — Wed, 02 Mar 2022 20:53:43 GMT

I am filing for the first time on an F1 visa and i am confused whether i have to put in my foreign bank account as well