It’s a little more complicated because of itemization.
The standard deduction should be pretty simple. For people that give a bunch of money to accountants … you’re probably better off just taking the standard deduction anyways. But eh maybe not.
In theory itemization is a good option, it does save me some money, and there’s very little way for the government to know that I e.g. donated to X and that reduces my tax burden by Z. My neighbor tells me back in the day you could itemize a lot more stuff, but those days are gone.
Definitely support the IRS providing some free tax filling software at the very least. There’s really no reason electronically filing should cost all the money it does to go through e.g. TurboTax and scare you with the up selling to protect you from audits or XYZ thing.
Not if you take any form of assistance, make any purchases for a business/education, get income from multiple places, work in multiple states, have health insurance, or even received tax credit from a previous year where the government took too much.
It should be super simple… We have all the math to make it happen, just take the correct amount out of people’s checks and leave them the fuck alone.
Don’t put your hand in my pocket 26 times in a year then come to me at the end and go “(Blush), sorry, I took too much/too little.”
Take the right amount, leave me the fuck alone.
Thank companies like TurboTax and HR Block. They’re the ones who make it hard.
You can thank the politicians that TurboTax and H&R Block bought. They aren’t innocent here.
We could consider those politicians employees of TurboTax and H&R Block just with extra steps
It’s a little more complicated because of itemization.
The standard deduction should be pretty simple. For people that give a bunch of money to accountants … you’re probably better off just taking the standard deduction anyways. But eh maybe not.
In theory itemization is a good option, it does save me some money, and there’s very little way for the government to know that I e.g. donated to X and that reduces my tax burden by Z. My neighbor tells me back in the day you could itemize a lot more stuff, but those days are gone.
Definitely support the IRS providing some free tax filling software at the very least. There’s really no reason electronically filing should cost all the money it does to go through e.g. TurboTax and scare you with the up selling to protect you from audits or XYZ thing.
Isn’t this how it works for most people with a W2? It only gets complicated when you start adding dependents or starting side businesses.
Yeah, no.
It only gets complicated when you have dependents? Like a massive percentage of all adults…
Not if you take any form of assistance, make any purchases for a business/education, get income from multiple places, work in multiple states, have health insurance, or even received tax credit from a previous year where the government took too much.