|
Can I complete my tax return without professional help? |
|
Taxpayers are not required to seek the assistance of an income tax professional. However, it is recommended that you use an experienced tax preparer when you have a complicated tax situation. Individuals who merely have W-2 earnings can complete their return without much difficulty. When you begin to add on the expenses of home ownership, gains and losses from stock sales, as well as other sources of income, your tax return can become more difficult to prepare on your own. The IRS tax code has countless rules and codes that must be followed. An income tax professional is in the best position to help you and can identify missed credit opportunities. |