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

propublica.org

411–420 of 466 posts

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

#411
post #46
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…

> Brazil the _Receita Federal_ (IRS equivalent) provides a free multi-platform Java desktop app for filing your taxes. Other fun stuff about that desktop app... * Originally, it was a DOS-only program (yes, it's that old). Then for a while, it was Windows-only, then for some time (probably due to the Linux users complaining) there was both the Windows-only version and the Java multi-platform version, and later the Wi…

The old Australian online tax filing system, through to the early 2010s, was an extremely 90s-looking Delphi application, Windows only for most of that time until they released an OS X port towards the end. Linux support consisted of a note on the website saying "some users have reported success with Wine". I don't believe they ever did floppy disk output though.

It's been replaced by something far nicer and web based! Though the old application was still definitely better than doing taxes by hand or having to pay for some third-party thing.

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

#412
“ ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up for ProPublica’s Big Story newsletter to receive stories like this one in your inbox as soon as they are published.”

Is propublica good/reliable news source? Always looking for good news sources

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

#413

Earlier quoted context omitted.

> I see no reason why these products have a right to exist (and especially not be canonized), especially with how exploitive they are or can be. But if we remove the annual pain of dealing with taxes, then Americans will get complacent and may stop being bothered by having to pay taxes. - The serious ideology of a major American political party vis-a-vis taxes.

I suggest we stop taking taxes out of paychecks and have people pay their full taxes once a year. It would help them see the total amount of taxes they pay. It would have a positive effect on government policy.

Your idea is great for people who make good money and are able to set aside money into a savings account.

But it doesn't work for low-income people that are already living paycheck-to-paycheck.

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

#414

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.

USA minimum wage is $7.25/hr which is only $15K/year if you work full time, and we've got people that will refer to 140K and prepend it with "only".

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

#415
Paying taxes is so frustrating.

Gov : “Please pay us the taxes I owe”

Tax Payer : “Ok. How much do I owe?”

Gov : “We can’t tell you that. Hire an accountant if you need help”

Tax Payer : “fu*k fine. (Files hinder and makes one mistake)

Gov : “You owe us money!! You didn’t pay enough. You owe us interest on what’s due as well!”

Tax Payer : “I thought you didn’t know how much I owe! Just tell me!!!!”

Fin

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

#416

Earlier quoted context omitted.

There are limits on how much you can donate to a candidate's campaign; however, you can contribute unlimited funds to a PAC, but the PAC's advertisement efforts must be separate from the candidates; they can't be coordinated.

Which is perfect for a company like TurboTax who wants to lobby for an issue... they don't care about the candidate, they don't have to coordinate with them at all... they just tell the representative, "if you don't vote my way, we will fund a PAC that will attack you". No candidate coordination, no problem.

Conversely, people opposed to TurboTax could get their own lobbyist and do the same thing.

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

#417
post #275

Earlier quoted context omitted.

Adding a data point with Mexico: All invoices are digital. Every person who gets a TaxId also gets a Private/Public keypair and generating invoices means signing the document with that key. The amazing thing is that now accountants talk about the XML, which is the legal representation of the invoice. As a result, every year if you file your taxes, you go I to the government freely provided website , get into your acc…

>also gets a Private/Public keypair Tangential curiosity: how is this part done? Do you download the keys from a government website? How do they handle key reissues if a private key is compromised?

You can download a java app which generates the key pair taking mouse movement as entropy and then you to go to a SAT(IRS equivalent) office with the key in a USB drive, they take your biometrics and save the public key to your profile. However, as most people only bring the USB drive, they usually create the key pair in the in the office. If your key is compromised or lost, you have to go to the office and they change it in very much the same way.

It's a somewhat tedious process, but if you keep the key safe, which they very much advice, most of the procedures, including tax fillings, are pretty easy and fast.

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

#419

Earlier quoted context omitted.

It's not terribly difficult to construct circumstances in which the government doesn't know how much you owe them. It's simpler to have a single policy for everyone. Therefore, everyone has to do their own taxes. I really don't think it's more complicated than that.

I wonder what percent of taxpayers actually owe a different amount than the IRS can compute on its own. My guess is it’s not much more than 30% (the percentage who itemize deductions). Is it really worth making 100% of taxpayers do their own just to handle the edge case of people who actually have to?

Capital gains, gambling winnings, and state use taxes aren't completely accounted for.

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

#420

I am the developer in charge of CalFile, the free filing software that everyone asks for here for state of California. https://www.ftb.ca.gov/file/ways-to-file/online/calfile/inde... I am pushing so hard to make it better and more useful to more people, like being able to add capital gain that is not currently supported. these are the push backs that I am getting: 1. Last time they tried to do what all of you ask, a…

Given that open-source has given tough competition to every area of business software what, in your opinion, is the reason for a lack of open-source options to prepare taxes?

> Given that open-source has given tough competition to every area of business software

Huh?

Open source word processors and spreadsheets? Open source ride hailing apps? Open source social media? Open source chat applications? Open source consumer operating systems?

Only in a few niches (mostly developer tools or platforms) is open source giving "tough competition".

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