Pharmacists' personal finances

[pharm B]

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Just out of curiosity, for those of you who are out in the work force now...

How do you handle your taxes? Do any of you still self file, or did you just find a trustworthy accountant?

Any recommended books for moderate investing, etc?

Had a discussion with the wife about what our finances might be like once I have a real job. :crossfingers:

Trying to figure out little stuff, like how student loan payments figure into your income taxes, etc. So far we've had mainly money coming in, and I know (based on your posts) that it goes the opposite way once you're off the federal teat.

 

[Its Z]

Marry an accountant. Like me...

 

[spacecowgirl]

Since we itemize, we send them to my friend who is a professional tax preparer. She has been doing my taxes for several years. The older I get, the more I realize that some things are just worth paying for rather than trying to DIY. It's better financially for me to pay to have them done and use that time I would spend on it picking up a float shift instead.

 

[WVUPharm2007]

I got a tax accountant doing my ****, too.

Though I need to find a new one. The hillbilly tax figurin' man down in the holler can't help me out up here living amongst the Yankees.

Not hiring one this year. Not much to figure with a year's worth of unemployment that conveniently ended on the calendar year. I'll just take it to Walmart and have the $15/hour H&R Block monkey do it.

 

[Momus]

Turbo tax gives you all the deduction you need.. I'd go for an accountant if you have a major life changes marriage, divorce, and some special circumstances in that year...

If all you have is W2 and investment income, there is no need to pay for an accountant... waste of money.

 

[PharmDstudent]

Turbo tax gives you all the deduction you need.. I'd go for an accountant if you have a major life changes marriage, divorce, and some special circumstances in that year...

If all you have is W2 and investment income, there is no need to pay for an accountant... waste of money.

I've looked at most of my deduction forms, and they're pretty straightforward. 🙂

 

[All4MyDaughter]

My husband does our taxes using TurboTax. We itemize our deductions and I've been self employed and the software tells you pretty much everything you need to know. We even have an add on program that helps you maximize the value of your non-monetary charitable contributions.

 

[genesis09]

I just did my taxes using the H&R Block software. It really isn't that hard to do. All you have to do is follow the prompts.