Procrastinator’s Guide to Filing Taxes
Yahoo! Finance had a great article on how to do your taxes in 7 days (and wouldn’t you know it, they listened to the biblical admonition, and gave you a Sabbath to rest?). For those of you who procrastinated, this might be your one week ticket to tax filing bliss–or at least it should reduce some of the pain. It seems like a pretty straight forward plan. In short, here’s the steps:
Day 1 Gather data.
Day 2 Reduce taxable income.
Day 3 Find your forms.
Day 4 Fill out your forms.
Day 5 Take a break.
Day 6 Check your work.
Day 7 Sign, seal and deliver.
As I mentioned previously, I finished my taxes with the help of TurboTax. It more or less takes care of Days 3, 4, 5, and 6, so it was mighty worth it to me to buy. Speaking of TurboTax, Bank of America is currently having a deal where you can get it for 35% off the regular price. That’s even a better deal than getting it from Costco.
In general, I’d say the most painful part of filing taxes is the gathering of documentation and forms. Fortunately, most of my material was filed all together in one folder. There were a few pieces that seemed to escape. So for tax year 2009, I’m going to be extra diligent in keeping all of those pieces of mail together.
