If You Are Retired Do You Do Your Own Taxes?

cuddlesmama · ‎03-11-2010

Or do you have someone else do it. I am hearing once retired the taxes are harder to do. We, both retired last year and I always did Turbo Tax and am now wondering if I should have someone else do it. Any opinions would be helpful. Thanks.

ID2 · ‎06-25-2012

Retired here and yes we do our own taxes. They were even easier to do this time! Done in a flash, submitted last week, looking for our $$ in our account any day now.

"Pure Michigan"

KingstonsMom · ‎03-09-2010

We're both retired and we continue to do our taxes ourselves.

We've already received our refunds.

You never know how strong you are until being strong is the only choice you have.

Snoopp · ‎02-02-2015

Do you use turbo tax?

CalminHeart · ‎03-09-2010

I find my taxes are easier to do now that I'm retired. I use turbotax.

software · ‎06-08-2016

Besides the obvious, how would anyone here know if you need a professional??

I have nothing complicated to my tax return, no stocks, bonds, capital gains, etc.

The standard deduction doubled in 2018 for me so I don't even need to itemize.

I use an online program, been using it for years with no problems, knock wood.

If you are getting income from an IRA or have questions related to that, talk to the people holding the investment.

Let me ask you a question. What is harder about doing taxes when retired?

Maybe I'm missing out.

FrostyBabe1 · ‎05-09-2016

No. I still use a CPA for my returns. Why would being retired make them any easier or less complicated?

~The more someone needs to brag about how wonderful, special, successful, wealthy or important they are, the greater the likelihood that it isn't true. ~

Big Joanie · ‎01-02-2015

@cuddlesmama wrote:
Or do you have someone else do it. I am hearing once retired the taxes are harder to do. We, both retired last year and I always did Turbo Tax and am now wondering if I should have someone else do it. Any opinions would be helpful. Thanks.

I have a friend that is a retired IRS Agent .. and she says .. yes .. use Turbo Tax..

she thinks its great and uses it herself ....

drizzellla · ‎03-14-2010

Yes, both my husband and I are retired. And my husband finished doing our taxes last week. He also used Turbo Tax. In fact he has used Turbo Tax for many years.