I do my own taxes
![Grin ;D](//d1o9fadw0wez7f.cloudfront.net/Smileys/Lots_O_Smileys/grin.png)
This was my first year filing as an "independent," so it took a little longer. However, I didn't find the process that overwhelming. In fact, I found it more of a learning experience. Before, I always did my own taxes because I was filing a 1040EZ, and honestly, it takes... five minutes to complete? There's nothing difficult about it. You merely fill out your personal information, your income, make your standard deduction and compare how much you "should have" paid to how much you actually paid.
The 1040 took a little while longer. I received a 1099 INT from ING Direct. I have one of their high-yield savings accounts, so I made enough money in interest for it to be included within my "taxable income." And I received multiple forms from my student loan lenders. I had to add the amount from the 1099 INT to the amounts in my W2s, which was only about $104, so it didn't do that much damage. I was able to deduct $2,500 for my student loans, as well as the "standard" deduction! It was really interesting. I never THOUGHT about my taxes until this year. I realized that you want your taxable income to be as small as possible so the amount you SHOULD have been taxed is quite smaller than the amount you actually paid.
I even tried doing an "itemized" deduction instead of the "standard." I had about $6 taken out of my paycheck every month for quite some time as a donation to United Way. I only ended up donating about $240. And since I don't have medical insurance, I tried adding up the cost of my Dr's appointments and medications, but the total wasn't nearly the standard deduction of $5,700, so I didn't bother with the itemized.
I also took advantage of the "making work pay" credit.
Usually, my return is only a few hundred, but this year it was $614 thanks to my student loan interest deduction and the making work pay credit
![Cheesy :D](//d1o9fadw0wez7f.cloudfront.net/Smileys/Lots_O_Smileys/cheesy.png)
Plus I did them online using the Free Fillable Forms website. AND I used direct deposit for my return. I received the amount in about 1.5 weeks.