One of our clients, Crystal, decided to go online and try filing her taxes herself.
I mean its FREE right, why not?!
And even if she didn’t know what she was doing.
She would still give it a shot and hope for the best.
What’s the worst that could happen?
What Crystal didn’t realize (as for a lot of Americans). A high percentage of people who do their taxes online, are doing them inaccurately.
How do we know?
Because TurboTax will purposely offer you to upgrade, just so you can do it “accurately.” But for a FEE of course.
Crystal ended up putting in all her information that she could remember off of the top of her head into TurboTax…
When she got to the final page to see how much money she would get back….
Crystal ended up owing $1347!
But how could she owe? She paid her fair share in taxes..
Crystal ended up getting a free estimate with ingramtaxes.com.
And low and behold, we realized she was leaving a bunch of MONEY on the table.
Crystal went to college and paid her tuition in 2021! The interest on her college tuition paid, is totally deductible.
As soon as we entered in her new numbers… Her refund went from her owing $1347 to her getting back $4690. All because she did her due diligence and received a free tax refund estimate.