You’ve got about a month left to do your taxes. So should you do them yourself, or go somewhere like H&R Block and have someone ELSE handle it? Well, here are four things to think about . . .
If the answer is yes for any of them, you might want to just pay to have them done. If you answer no to all of them, you can probably save some money and just do them yourself online.
1. Is your household income more than $200,000 a year? If so, you’re more likely to get audited, so go to a professional.
2. Are you self-employed, freelancing, or a business owner? Doing your own taxes can be a little trickier if that’s the case.
3. Did you make money on investments last year? That usually means the stock market. If you made a lot of money on stocks, go see someone. And the same goes if you inherited a bunch of money.
4. Did you have a major life event last year? Like getting married, starting college, or having a baby? If you did, then hiring someone to do your taxes might save you money, because they’ll make sure you get all the deductions you can.