191–200 of 338 posts
Is this only for people who have “simple” taxes? Does it support Schedule K-1 for example?
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> "One-hundred percent of our focus is on stopping this new administration" Actual words stated by Mitch McConnell. His goal is not to pass policy that's good for the American people, not to prevent the administration from overstepping or making mistakes, not to do anything except simply "stopping this new administration." The purpose of our government is to collaborate and compromise to find solutions that are good…
> Consider two children tasked with collaborating on a problem. One of them walks up and says "One-hundred percent of my focus is on stopping you."
The purpose of our government is clearly lined out in the Constitution. A lot of people happen to think that the federal government has stepped way outside of the bounds prescribed therein[0], and that this causing harm to the country. If you take that view, then being 100% obstructionist at the federal level is in fact acting for the good of the country.
[0]: To be clear, this has been going on for nearly a century. It's not a recent thing, nor is it specific to the parties or presidents involved at any given time.
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Clearly by "collaborate and compromise" you actually mean "so long as my side gets their way". This is the negative result of buying into entirely one-sided propaganda - it limits your perspective to, frankly, bullshit. I do not see a point in continuing since you seem unwilling to actually contemplate the entire environment. Not only do you have absolutely no response to obvious intellecual hypocrisy, but you are in…
No, that's actually not what I mean. Note that I'm not taking issue with any GOP policies, because I don't have a problem with GOP policies. I have a problem with stated goals of simply obstructing the people they are supposed to be collaborating with, thus I am directly quoting statements made that explicitly state their goal of obstructing their collaborators. Again, citing someone's own words cannot possibly be co…
Normalizing this "current" republican position of literally not having policies deserves to be called out.
Is this only for people who have “simple” taxes? Does it support Schedule K-1 for example?
> The IRS is also exploring ways to gradually expand the scope of tax situations supported by Direct File. Over the coming years, the agency’s goal is to expand Direct File to support most common tax situations, with a particular focus on those situations that impact working families. Announcements about new state partners and expanded eligibility are expected in the coming months.
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The people who are downvoting my "disagree" are likely assuming that I am speaking philosophically. I'm not. Philosophically, sure: the purpose of the government is to serve the people. A philosophy written specifically for the consumption of people. But now I'm speaking about its practical purpose. What a system produces is always its purpose.
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I have had the IRS charge me tax and accuse me of lying to them over a UTMA withdrawal used to pay for tuition even though the fund running the account refused to send me the paperwork because the account is in my parent's name first instead of mine. It is a massive organization filled with uncoordinated people doing their level best to produce Brownian motion.
UTMA withdrawals by the child are not taxable, however UTMA income is taxable to the child... What exactly are you railing against? It sounds like the IRS is following the rules here.
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You're probably in the minority, or you make a significant amount of income. If you are single or married without a family, a 1099 contractor or just inputting in a W2 or two, and have a single form from your healthcare company, chances are this really, really helps. The IRS isn't going to audit someone who just files a single W2 and claims maybe 1-2 deductions and a small stock portfolio appreciation.
I'm not saying it's a bad service. I'm saying for $30 some audit and legal representation is cheap insurance. The IRS can audit anyone they want. My finances are not exceedingly complicated, nor am I a high earner. It's an extremely low risk but still can happen.
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DirectFile was created by the IRS, a federal agency, for preparing your federal income tax return, in a manner similar to the streamlined e-file options available in other countries (i.e., for the most common/basic situations). There are 50 states, and every single one of them has their own idea of what an income tax return should look like, so a direct file that handled state returns would take several years and hun…
> There are 50 states, and every single one of them has their own idea That's not my problem. The states are part of the country. This is as bad as restaurants charging tips instead of stating one number. Government dudes should meet and work it out between state/federal and give me one damn number. All I want is one number.
You would never take the one number if you could save money by making it a thousand instead. Eg. if your state did that simplification, youd move to a different state that doesn't have the simplification so you can save a couple bucks on the taxes
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This works against the governments interest, as they'll lose revenue from all the fines they give to people who accidentally fuck up their tax return.
It does work against the government's stated interest, but not in the way you think. Tax policy is the government's strongest tool to change personal behavior, and if the system is simple and automated it doesn't do that at all.
I'm not sure I agree. For example, I used to pay city wage tax to one municipality, and I decided I did not want to pay that city tax anymore so I took a job in another area that no longer had the city wage tax. I would be due the wage tax no matter what, and I was aware of exactly how much the wage tax was by looking at my pay stub every two weeks. Having my taxes prepared for me doesn't really change that.