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TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free

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Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free

#301

Earlier quoted context omitted.

It seems to be working fine in every other country mentioned in this thread where government is free to provide free tax filing services. We do not need bullshit jobs at rent seeking companies that are glorified PDF generators. This is a government feature, not a product.

So maybe this one should be allowed. Other government competition with private enterprise is not so clear. Paving roads? Providing medicine? Delivering packages? Its been a rocky road.

[deleted]

Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free

#302
post #9

Just for comparison: in Brazil the _Receita Federal_ (IRS equivalent) provides a free multi-platform* Java desktop app for filing your taxes. The UI isn't great* and if you do complex stock trading it can be a pain to add the necessary information, but for the vast majority of people it works just fine. It also shows if it is better to use the standard deduction or the itemized deductions for your particular case and…

There are proposals in the US to do this.

I think the best I've seen so far is Andrew Yang's plan:

https://www.yang2020.com/policies/making-taxes-fun/

Opt in to have your taxes automatically done. National celebration of projects completed. Ability to specify where 1% of your taxes go.

So not only make it easy to do, but try to make it fun and shift the mindset from burden to societal contribution.

Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free

#303
post #158

A few weeks ago I started an LLC in New York. I followed all the simple instructions online and the process was actually very straightforward and easy. I had an official digital copy of proof my LLC existed within an hour. I went to sleep with and thought that there is hope for our government. Within a few days I received a letter from a private company informing me that unless I pay them $1000 to publish the name of…

Don't forget about the publication certificate fee too:

> After you get done publishing, the newspaper will provide an Affidavit of Publication, and you send that to the New York Division of Corporations with a Certificate of Publication that carries a $50 filing fee.

I live in NY but never filed an LLC, but I Google'd that. I can't believe such nonsense exists to get money in a state that already has high state / sales taxes.

Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free

#304

Earlier quoted context omitted.

It seems to be working fine in every other country mentioned in this thread where government is free to provide free tax filing services. We do not need bullshit jobs at rent seeking companies that are glorified PDF generators. This is a government feature, not a product.

So maybe this one should be allowed. Other government competition with private enterprise is not so clear. Paving roads? Providing medicine? Delivering packages? Its been a rocky road.

I'm going to say probably not. I've been pretty disappointed by the attempts of private industry to deliver what should be government infra (tax prep, healthcare, prisons, etc), while I'm super happy with my roads, police, fire, water, sewer, muni fiber, and the USPS (all government provided or backed).

Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free

#305
post #9

Just for comparison: in Brazil the _Receita Federal_ (IRS equivalent) provides a free multi-platform* Java desktop app for filing your taxes. The UI isn't great* and if you do complex stock trading it can be a pain to add the necessary information, but for the vast majority of people it works just fine. It also shows if it is better to use the standard deduction or the itemized deductions for your particular case and…

Canada doesn't release its own software, but it certifies a selection of free and paid software of varying complexity. I'd like it if we could take up other, simpler models of sorting out income tax but I use software out of this pool† every year and its served me just fine: https://www.canada.ca/en/revenue-agency/services/e-services/... † usually StudioTax. I donated to them last year. It's not pretty software but i…

I used SimpleTax for the first time this year and it's a lot more intuitive than StudioTax which I used in the past. It may not be ideal for every situation, but it was much simpler for me.

Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free

#306
post #237
post #117

I 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…

Americans are starting to wake up to the fact they live in what is by far the richest country, but that the systems in place just make the rich richer, while nothing is done to improve the lives of the middle and lower classes. In this particular case, the rich are actively using the system to stop an improvement to the quality of life of regular people. What's the point in living in the richest country in the world…

The fact that America has the 10th highest GDP per capita [1] and huge swaths of it are little better off than a third world nation is a complete disgrace.

1: (its 4 micro city states above it, which are economically special, and 5 nations that could reasonably be considered full sized countries, however all of them still have relatively small populations)

Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free

#307

Earlier quoted context omitted.

Holy shit talk about a humble brag. You overpaid by $21k? You must be balling.

At a 15% rate, that's only 140k in capital gains. Significant, but hardly "balling" if it's a one-time event.

What world do you live in where $140k in gains on an investment is not a huge amount of money?

Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free

#308
post #237
post #117

I 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…

Americans are starting to wake up to the fact they live in what is by far the richest country, but that the systems in place just make the rich richer, while nothing is done to improve the lives of the middle and lower classes. In this particular case, the rich are actively using the system to stop an improvement to the quality of life of regular people. What's the point in living in the richest country in the world…

I would argue that there are few, if any, countries in the world that this description would not apply to.

However, I agree with the point that you're making wholeheartedly. There's a very serious amount of wealth disparity around the world, and the rich have gotten so rich that they can't even feasibly spend all of their money if they had to.

Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free

#309

Earlier quoted context omitted.

Turbotax is my cheapest option to doing taxes. My tax lawyer would cost me probably $40,000 to do the same thing just for the hours and their obsession with analyzing parallel legal theories and case law. I use my tax lawyer to construct the whole business model before any tax filings actually have to occur. Yes I could also consider a different lawyer and cpa for actually filing the tax return. They would also be mo…

Easiest way to do taxes is to do them by hand. There are copious amounts of guides from the irs explaining in detail how to fill in each box.

yes, for me the interrelated nature of some of the calculations on different forms is what I prefer a computer to do.

100 pages that I had to print twice and couldn't e-file, fun! but by hand? not fun

I did read the comprehensive instructions for some forms.

Re: TurboTax’s 20-Year Fight to Stop Americans from Filing Taxes for Free

#310

Earlier quoted context omitted.

So maybe this one should be allowed. Other government competition with private enterprise is not so clear. Paving roads? Providing medicine? Delivering packages? Its been a rocky road.

I'm going to say probably not. I've been pretty disappointed by the attempts of private industry to deliver what should be government infra (tax prep, healthcare, prisons, etc), while I'm super happy with my roads, police, fire, water, sewer, muni fiber, and the USPS (all government provided or backed).

I have 'volunteer' fire service out here in the country. And installed my own sewer. Police are essentially non-existent out here - I see a patrol car maybe once a year go by.

And the USPS has been going broke for decades now. Not a good example of a well-run service.

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