Tax tips: Top 5 reasons to hire a tax pro

5. You have more money than time.

Mary Knox Merrill/Staff/File
H&R Block services over 23 million customers in the United States during tax season, including 95,000 in the Boston area. For some people, the hours it takes to fill out tax forms isn't worth their time.

On average, taxpayers filing a 1040 form spend 22 hours, the IRS estimates. Those filing a 1040EZ spend seven hours.

On the cost side, filing can be free through the IRS's Free File program. Fees charged by a tax preparer tend to range from the low hundreds for simple returns to more than $1,000 for complex ones. Figuring out what your time is worth might be the only calculation you need to do.

5 of 5
You've read  of  free articles. Subscribe to continue.