Win $100! What do you wish you'd known the 1st time you filed taxes?

Forum|Forum|4 years ago
February 8, 2022
109 replies
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This sweepstakes has ended

Thank you so much to everyone that participated! It was so great to hear about all of your experiences. A winner was randomly selected and has been contacted to claim their prize.

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Hello community members!

For first-time visitors, welcome to the TurboTax + Mint Community. For returning members, welcome back! We’re so glad to "see" you again!

As we gain life experience, our perspective on finances and taxes changes. We spend a lot of our young adult life trying to get this thing called taxes right. Sometimes life throws us curveballs, and finances can get a little hectic. Eventually, we realize it’s not the end of the world. As we learn more about managing finances, it gets easier to handle the challenges.

Now that you’re a tax filing "pro," what is something that you wish you would have known the first time you filed your taxes? For this month's sweepstakes, we are going to focus on tips that you wish you knew before starting your tax journey.

Sharing your opinions with our community could earn you a gift card to help you achieve your financial goals. To enter simply reply to this thread with your most helpful tax filing tips. On March 16th, 2022, a winner will be selected from this thread at random.

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We will be hosting the What You Wish You Knew About Taxes 2022 Sweepstakes to give you, and others, the opportunity to share your tips. One lucky winner will be chosen at random to receive a $100 gift card.

WHAT: Sweepstakes for a $100 gift card
WHEN: Entries will be accepted from March 1st, 2022 through March 16th, 2022 at 12:00pm Pacific Time
HOW: Enter by adding a comment to this post telling us what you wish you knew about taxes when you first filed. If you are the winner, we will send you a private message. The winner will be selected at random on March 16th, 2022.

Refer to the attached document for the complete rules.

Sweepstakes---Rules---March-2022.pdf

Community Chatter

Show previous replies

ekondo96701

I wish I knew how to better allocate my estimated taxes for investors who don't always have the same amount of stock sales each year. Having recently spoken to a TurboTax Expert, I now know that I can use the "Annualizing my Tax" feature to better allocate my estimated taxes.

SuperSpinEnt

i wish I would have known how easy it is to use turbo tax software! It would have made everything so much easier with your easy to follow guides and 24 hr live support I would have been so much better than using my "other" tax service we wont name any names but i will from now on always use turbo tax software!

sfalk1984

One thing that I wish I had known before filing my taxes for 2021 was that I should have rolled over the small 401k disbursement from my previous employer into another plan. It wasn't until I received my 1099R form and applied it to my tax profile that I got hit with taxes and an early withdrawal for not rolling it over. I am assuming that there is nothing I can do to reverse this. It just sucks because it was just $70.

susy2072

I wish I had known all of the different deductibles that you should be keeping track of throughout the year.

DebbiM

Does anyone know if tTurbotax is installed on a separate computer (the program allows 5), do they each get a separate account? I want my kids to use the program and I don't want to have to help them with their taxes.

sparkalley

I have been using turbotax for over 20 years. This is the first year I used the online version. Very impressed will use that program in future year taxes.

DebbiM

The main thing that I wish I knew the first time I started filing taxes was that if you work in more than 1 state during the year both states will require you to file a state tax return and take their share of your money. I was pretty much living paycheck to paycheck while going to school and didn't know I would be hit with a double tax bill at the end of it all. Live and learn.

RedKitty2

Exactly what forms your employer supposed to give you to file your yearly taxes along with explanation from certified cpa what exactly why employer was holding back $204.00 week for taxes when your checks were set amount of $550 weekly that sure seeme to be that employer is committing tax payer theft of his employee every week for 31 years alot money if added up. Leaving a man to support his family on $346.00 after taxes took out weakly.

Lordjr64

I have heard of TurboTax for many of years but I have never thought about using them now that I have will not go back to any H&R Block or any other tax refund in place I wish I would’ve known everything honestly lol this is my second year filing tax Completely blew H&R Block out the water I now get all my family and friends going to turboTax thanks!!!!!!!!