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When can i file my taxes for 2024.
Tax help is easier than ever to find online.How much does it cost to hire someone to do your taxes
Should you file them yourself or pay a pro?
TikTok, Reddit, ChatGPT, Google and more. There's no shortage of tax help at your fingertips nowadays.
But does that give you enough confidence to do your own taxes this year?
Like almost any tax issue, it’s complicated.
Deciding to do your own taxes depends on how messy your finances are, how much you hate the complicated paperwork, and whether you’ve had a recent life change.
Typically, do-it-yourself taxpayers are young and have few assets.
An IRS study showed 53% of all taxpayers in 2021 used a paid tax professional, but Gen Z was significantly less likely to than any other age group.
Doing your own taxes for the first time
Thirty-three percent of people ages 18 to 24 used a tax professional compared with more than 50% in every other age group.
Middle-income earners with income between $75,000 and $90,000 were most likely (59%) to turn to a tax pro, the IRS said.
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There are pros and cons to going it alone, relying on tax software, the Internet, social media and
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