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Level 1
June 19, 2025
Question

tax specialist

  • June 19, 2025
  • 3 replies
  • 23 views

  I haven't done my taxes in over 15 years, so I decided to hire a tax specialist I found online. I know there are  plenty of variables but does $8950.00 sound reasonable?  

    3 replies

    LenaH
    Employee Tax Expert
    Employee Tax Expert
    June 19, 2025

    It depends. Generally, fees range depending on the complexity of your return and the forms needed, as well as your location. 

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    SteamTrain
    Level 15
    June 19, 2025

    You may have found them "Online", but are they a local area professional tax preparer, in an established office location,  you can meet in person to provide documentation?

     

    You should get a lot of "independent" references to trust someone you can't  actually visit to work with in-person.

    ____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
    Hal_Al
    Level 15
    Level 15
    June 19, 2025

    What is $8950? Your refund, tax due, fee for the provider, income reported?

     

    Yes an $8950 "refund" is possible, if you have qualifying children; thanks to "refundable" tax credits, child tax credit, earned income credit, medical premium tax credit, education credit.