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by jorblumesea
1932 days ago
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Most countries have their version of the IRS "file for you" without any of those difficulties. Everyone reports tax information to the central authority which determines how much you owe. Even complex things like 1099-B, 1099-Div etc. Which is how the current system works anyways, it just eliminates the hassle. There's almost no scenario where the IRS cannot do this stuff. Think about this fact: your W-2, 1099 investments and most other financial information is already reported to the IRS. They have it already. Absolutely bonkers that people accept anything less than just being sent a bill or check once a year. > Right now, the system we have is pretty good. Yeah, big disagree there. If you've ever done taxes in another country you will realize how idiotic taxes are in the US. Australia is literally, 10 minutes per year, and even complex things like investments, stocks... |
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If all your tax returns reference are the handful of items you mention, your tax return can be done in a matter of minutes on a short form.
Yes, it could be better, but it's a fantasy to think it should be as simple as getting a bill from the IRS at the end of the year.