Re:TurboTax Tricked You into Paying to File Your Taxes (2019)
by thebradbain on Thursday February 11, 2021 @01:51PM
(#26105567)
Even as a full-time college student, I've used a professional, and I'm glad I did. He did things as straightforward as claiming relevant education credits to more esoteric such as maximizing refunds around housing stipends for summer internships. I didn't have to do much else other than reach out to my accountant and provide a W2.
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Re:TurboTax Tricked You into Paying to File Your Taxes (2019)
by gowld on Thursday February 11, 2021 @02:28PM
(#26105983)
A housing stipend is taxable, unless you are staying at a work location for your employer's convenience.
But yes, Accountants can help you evade taxes in ways unlikely to be audited or caught.
Re:TurboTax Tricked You into Paying to File Your Taxes (2019)
by throwawayboise on Thursday February 11, 2021 @02:42PM
(#26106139)
It's not evasion if it's legal, it's avoidance, and it's perfectly legitimate.
Re:TurboTax Tricked You into Paying to File Your Taxes (2019)
by thebradbain on Thursday February 11, 2021 @02:58PM
(#26106333)
It's fully within the bounds of tax law, something which I (and my accountant) made very clear I want to stay within. Our tax code is a joke, yes, and in need of actual reform, but this itself doesn't put me in any legal grey area whatsoever.