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"This is also the first year I decided to do them myself with FreeTaxUSA."
Also do taxes at home, but I just use a pen, calculator, and the IRS
workbook. They're not complicated, but schedules B and D as well as 1040 are filed, so they are not basic. A bit of a pain in the butt, but not hard by any means.
I track everything financial thru the year, just on paper. Will know how much tax has been paid to Fed and State, as well as income from
basically 4 sources. Have calculated/guessed how much to have withheld in taxes, each month, and the guesses have been accurate since retiring in 2018. Like others here, manage the income to stay below IRMAA and NIIT ( if NIIT is still a thing, IRMAA has a lower
threshold, so just concentrate on staying under that ).
AARP has a free tax calculator. Last year, if I remember right, the calculator was updated with the 2025 tax rules by June or so. I would do a checkup every couple of months, but their tax calculator was accurate.
How was FreeTaxUSA to work with ?
I used FreeFillableForms on IRS website last year, but I think that was removed as an option ( tax prep companies must have made a nice
campaign contribution to TPTB, lol )
