| It is glossing over, because the vast majority is irrelevant to most people. Do I care about the ins and outs of alimony and child support? Nope! I am not divorced. Do I care about the ins and outs of how to deprecate the cost of my car as a business expense? Nope! I’m not self-employed. How about foreign investment income? Nope! How about income from farms? Oil wells on government land? Military income while serving overseas? Nope! Nope! Nope! Do I care about the Earned Income Tax Credit? Yup! Do I understand it? Nope! Has the IRS sent me a letter after I filed saying that I qualified for the EIC, and they amended my 1040 to claim it? Yup! The point is, if the special cases aren’t applicable, it’s the same as if they don’t exist. Why do you care about inapplicable parts of the tax code? Let’s be honest here. Most people have a W2, and that’s pretty much it. If they have a mortgage, their lender has already submitted a 1090 on their behalf. That’s it. You spend your day literally just copying numbers from forms and then subtracting. There’s no point to a person doing this. |