Earlier quoted context omitted.
I disagree with this simply because the idea that competition exists or could exist is not an excuse for the system to function the way it does. There are new players in the space, like CreditKarma. Many competitors offer more features for free than Intuit as well. But that doesn’t mean we should have to rely on private companies (who are data hoarding) to file our taxes. That doesn’t mean that free fillable forms ne…
> That doesn’t mean that free fillable forms need to be unnecessarily more difficult to use than commercial solutions. They aren't. The IRS form is the exact for completed by TurboTax or any other accountant/service provider. The IRS only accepts their own forms. >For most people the IRS could send a tax form already filed out to read, verify, and return. Thats what is really being asked...the Government to do tax re…
TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
131–140 of 466 posts
Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
#132Earlier quoted context omitted.
In Sweden, the government does the work for most normal cases. They send you a suggestion of “this is all we know about” and you just say “yeah, seems right” via SMS. In Ireland you don’t do anything in the usual case, unless you think it’s wrong, everything is taxed at source by the employers/banks. Both cases different if you’re a company ofc.
It seems a bit naive of the government to reveal to you your income sources they know about. If you have any hidden ones you can confidently not report them and pay less taxes than you would otherwise.
Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
#133I like propublica's reporting on this but geez, this needs an award for one of the top HN obsessions. Within the past 7 months: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free; 211 points -- 54 minutes ago TurboTax to charge more lower-income customers; 144 points -- 3 months ago Congress Scraps Provision to Restrict IRS from Competing with TurboTax; 82 points -- 4 months ago Listen to TurboTax…
Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
#134Maybe I'm totally wrong here, but I don't see much of a difference between extorsionist tax filing software and scam callers warning me about the IRS suing me. Can the government please make something that's easy to use? Filing taxes isn't something that requires a separate company to help with, and I see no reason why these products have a right to exist (and especially not be canonized), especially with how exploit…
It comes down to this and I do not blame Turbo Tax or any other company in this area. The Federal and State Tax codes are weaponized by politicians and until that stops the system will be too complex for many to do the the filing on their own and some of that is because there is always that "did I forget something" feeling.
At least the changes made recently helped the lower and middle classes out a lot, that doubling of the personal deduction was a god send in reducing the work needed as many will never need to itemize again
Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
#135I like propublica's reporting on this but geez, this needs an award for one of the top HN obsessions. Within the past 7 months: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free; 211 points -- 54 minutes ago TurboTax to charge more lower-income customers; 144 points -- 3 months ago Congress Scraps Provision to Restrict IRS from Competing with TurboTax; 82 points -- 4 months ago Listen to TurboTax…
Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
#136Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
#137I guess this is why some voters are eager for someone like Elizabeth Warren to get in office and stop some of this anti-competitive behavior. It's odd to me because TurboTax is good software (at least when I used it) and it saves time. So to me it's worth the money. But to force someone who as a job and no real deductions to not simply file a 1040 EZ online is just a rent seeker making sure they get paid.
>Elizabeth Warren to get in office and stop some of this anti-competitive behavior. Warren is a run of the mill middle of the pack Democrat. She only looks good because at present the GOP looks so bad. The government needs to be reformed, electing one party or another President isn't going to change much, unless you set the bar really low (Trump)
Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
#138Earlier quoted context omitted.
> Can the government please make something that's easy to use? To be frank, the government has issues making things usable, and "usable" is a pretty small target when you're talking about the entire US workforce.
18F has really changed the game in government IT and software. https://18f.gsa.gov/ They brought in a bunch of dedicated experienced software pros who among other things rescued the federal health insurance exchange site. I think they could do a fine job with tax software.
Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
#139Earlier quoted context omitted.
This. It is a special combination of sadistic and stupid, an American classic.
I'm skeptical. I think more likely its an intentional diversion to create and protect sophisticated loopholes for high income earners and companies. Its a reasonable strategy that obviously works and clearly explains their otherwise contradictory position.
Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free
#140Earlier quoted context omitted.
I think if you make under $70k or so you can do it online as well, there's a few sites that officially help you on behalf of the IRS.
Like TurboTax?