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  • Should you do your own taxes
  • Doing your own taxes for the first time

    When can i file my taxes for 2024.

    Is it better to pay someone to do your taxes or do them yourself? We'll help you decide.

    Answers to your tax questions are easi

    may feel more empowered this year to do their own taxes with TikTok, Google, ChatGPT and other AI tools to turn to when they have questions.

    But is that a good idea?

    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.

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  • How to do taxes yourself step-by step
  • 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. Thirty-three percent of people 18 to 24 used a tax professional compared with more than 50% in every other age group.

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    Middle-income earners with income between $75,000 and $90,000 were most likely (59%) to turn to a tax pro, the IRS said.

    There are pros and cons to going it alone, relying on tax software, the In

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