• penquin@lemm.ee
    link
    fedilink
    English
    arrow-up
    29
    arrow-down
    1
    ·
    9 months ago

    Noice. Now, let’s how much shit H&R block and TurboTax will throw at it to make it an absolute shit of a service. freetaxusa ftw.

  • hiddengoat@kbin.social
    link
    fedilink
    arrow-up
    22
    arrow-down
    2
    ·
    9 months ago

    Better idea: Just give us our goddamn money back since all we’re doing is filing so you can match what we say you owe us with what you say you owe us. Skip the step and just cut a check. FFS.

    • pwnicholson@lemmy.world
      link
      fedilink
      English
      arrow-up
      7
      arrow-down
      1
      ·
      9 months ago

      They don’t know how many deductable donations you made in the year, major purchases you want to write off the taxes for, other deductions you qualify for, tax credits from home improvements, etc. You’d have to do a simple flat tax system with no deductions or credits for that to work.

      • hiddengoat@kbin.social
        link
        fedilink
        arrow-up
        9
        arrow-down
        1
        ·
        9 months ago

        Then do the Swedish system. They send you a form with your information, you verify it, and if it’s correct you just flippin’ text them and they send you your money. If you have other deductions or additions you send them the information.

        Whatever the case, the government already knows your regular earnings and for anyone that doesn’t take extra deductions there’s no reason not to simplify it to that extent.

      • fnie@lemm.ee
        cake
        link
        fedilink
        English
        arrow-up
        2
        ·
        9 months ago

        you forgot about the hundreds of annual changes Congress makes to the tax code that the IRS is tasked with implementing

  • AutoTL;DR@lemmings.worldB
    link
    fedilink
    English
    arrow-up
    8
    ·
    9 months ago

    This is the best summary I could come up with:


    The Internal Revenue Service (IRS) plans to launch a pilot program that would allow taxpayers in 13 states to electronically file their taxes directly with the agency for free during the 2024 tax season.

    Four states — Arizona, California, Massachusetts and New York — have agreed to work with the IRS to integrate their state taxes with the program, while taxpayers in nine other states without income tax — Alaska, Florida, New Hampshire, Nevada, South Dakota, Tennessee, Texas, Washington and Wyoming — will also be able to take part, the agency said Tuesday.

    “This is a critical step forward for this innovative effort that will test the feasibility of providing taxpayers a new option to file their returns for free directly with the IRS,” IRS Commissioner Danny Werfel said in a statement.

    The pilot program will be limited to taxpayers in the 13 participating states who have “relatively simple returns,” the IRS noted.

    The agency said it anticipates that the direct tax-filing program will be able to cover several key sources of income and tax credits, including W-2 wage income, Social Security income, the Earned Income Tax Credit, the Child Tax Credit, standard deductions and student loan interest deductions, among others.

    The IRS initially announced its plans to launch a test run of the direct tax-filing program in May, after issuing a report on its feasibility in response to a requirement in the Inflation Reduction Act.


    The original article contains 279 words, the summary contains 234 words. Saved 16%. I’m a bot and I’m open source!

  • hahattpro@lemmy.ml
    link
    fedilink
    English
    arrow-up
    1
    ·
    8 months ago

    As a foreigner, I am confused. It said that IRS will launch free online tax-filing …

    Is it imply that online tax-filing not free before ? Is it still cost you to do your own tax duty ?