Earlier quoted context omitted.
About two weeks ago, I got a letter from the IRS telling me that I owe an extra eight-thousand dollars from my 2020 return, with a $1000 fine and $200 interest as a result. [1] I'm not mad about owing the money, but what annoys me is if they have enough information to know that I underreported, then why am I part of this equation to begin with? Clearly they have enough of my tax data to know I screwed up, so why don'…
If it's the first time you've screwed up the return, you might try calling them and ask to have the penalty waived or reduced. That works pretty often on first-time penalties.
FTC sues Intuit for its deceptive TurboTax “free” filing campaign
261–270 of 610 posts
Re: FTC sues Intuit for its deceptive TurboTax “free” filing campaign
#262Lobbyists have way too much power.
Re: FTC sues Intuit for its deceptive TurboTax “free” filing campaign
#263I know, I know, there’s so many dark patterns in TurboTax that it’s cliche to point them out… …but man, this was a particularly egregious example I came across this year. https://imgur.com/ojpLvRW You can pay for TurboTax using your refund…with an additional $39 processing fee . That is just wild.
I think that's actually somewhat standard- even FreeTaxUSA (my personal choice) does this because they're essentially letting you use their product on credit.
Re: FTC sues Intuit for its deceptive TurboTax “free” filing campaign
#264Earlier quoted context omitted.
About two weeks ago, I got a letter from the IRS telling me that I owe an extra eight-thousand dollars from my 2020 return, with a $1000 fine and $200 interest as a result. [1] I'm not mad about owing the money, but what annoys me is if they have enough information to know that I underreported, then why am I part of this equation to begin with? Clearly they have enough of my tax data to know I screwed up, so why don'…
As others have noted, the IRS doesn't know everything, and some things may be to your advantage to report to them. They could send you a bill and ask you to fix it, but many people wouldn't know where to look to find mistakes. For example: RSUs and NQSOs (employee stock grants) are in my experience handled extremely poorly by default. If I have RSUs vest when the stock is worth $10 a share, then I pay income tax that…
Sure, and I'd be ok with giving people the option to deny the default return and file their own using Intuit or something. For people like me, who don't have the ambition to try and do anything clever with taxes, I'd be ok with the default return that they generate from all the information sent via my employer and banks.
Re: FTC sues Intuit for its deceptive TurboTax “free” filing campaign
#265I found out from a friend that she paid $600 to have her taxes done because (presumably) she falls for the dark patterns that TurboTax uses. She's a low paid service worker whose tax return can probably be done for free. And it is a sizable portion of her income because of things like Earned income tax credits, child tax credits, etc. Fuck these companies.
TurboTax's dark patterns charge people $50, not $600. How exactly did she end up paying that much?
I stopped using them last year because it was just too much. I can easily see how someone could end up with a multi-hundred dollar bill from them. Many of the popups are tailored to look like you need to say yes.
Re: FTC sues Intuit for its deceptive TurboTax “free” filing campaign
#266I know this is where we’re supposed to decry the system of which this is symptomatic, and talk about campaign finance and such. And all that stuff is true, sure. But Intuit has been such a consistently abusive actor that they’re normalizing regulatory capture, with enormous financial, time, stress, and legal repercussions for the entire population.
Seriously, fuck them.
Re: FTC sues Intuit for its deceptive TurboTax “free” filing campaign
#267Earlier quoted context omitted.
About two weeks ago, I got a letter from the IRS telling me that I owe an extra eight-thousand dollars from my 2020 return, with a $1000 fine and $200 interest as a result. [1] I'm not mad about owing the money, but what annoys me is if they have enough information to know that I underreported, then why am I part of this equation to begin with? Clearly they have enough of my tax data to know I screwed up, so why don'…
> need to be part of this transaction at all Because Capitalism, in essence, is the optimization of one particular group’s ability to alter how people live their lives in a way that transfers the most wealth from the working class. America’s economy is a house of cards built around financial middlemen.
Re: FTC sues Intuit for its deceptive TurboTax “free” filing campaign
#268Biggest downside is no import from brokerage, so if you trade a lot it could be annoying to create your schedule D.
Re: FTC sues Intuit for its deceptive TurboTax “free” filing campaign
#269Earlier quoted context omitted.
The project has an AGPL license if that's what you're wondering. We figured many people would feel the same way
AGPL just means that users can fork the project if they have access to older AGPL code, but CLAs that assign copyright mean that the rights holders can change the license whenever they want and make it difficult to find old AGPL code by removing repositories and scrubbing the web of it. It's entirely possible for the rights holders to say "we're going private now" and pivot the project into a for-profit business.
Re: FTC sues Intuit for its deceptive TurboTax “free” filing campaign
#270I'm working with other contributors on https://ustaxes.org , an open source tax filing webapp https://github.com/ustaxes/UsTaxes . Currently, many Federal tax forms are supported, as well as tax filing for the state of Illinois. Filing for Oregon and California is under development!
Can any free app do all of this?
Better yet is there a free app that can log into my Turbotax account, fetch all the data and then generate the forms and file them?