I always start by putting the information into an Excel spreadsheet (which I carry over from year to year) and calculating what I think the taxes will be.
Then I input the data into TurboTax. If it comes out the same as my spreadsheet, then I'm happy! If not, then I figure out why it's different. Any difference is usually due to a change in the tax law, so this forces me to at least try to understand it.
I am pleased to report that I was right on the money regarding my parents' taxes. Done and e-filed!
Two more returns to do (ours; Matt/Emily's) then I can close up shop for yet another tax season. I always look forward to closing up shop. 😊
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