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IRS Direct File to open to all 50 states and D.C. for 2025 tax season

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Re: IRS Direct File to open to all 50 states and D.C. for 2025 tax season

#241

Post by vladgur »

whimsicalism wrote: post #135
yndoendo wrote: post #53

I would argue that having to file taxes through a 3rd party accountant or service is not only forced commerce but also broken glass economics. Looks like it helps the economy by creating jobs but the job is redundant and does not create anything of value. Where are crimes more likely to occur, a city with 10,000 or 1 million? Where are financial crimes more likely to occur, people that make $10,000 a year or people t…

I think this has been studied and low-to-medium income filers are more likely to actually commit tax fraud so you get better returns as the IRS by focusing on these filers

probably because high-wealth individuals have a lot more wealth preservation instruments available to them and paying a $300/hr to professionals that help them navigate these tax reduction techniques makes very little sense when youre income is less than $100k

Re: IRS Direct File to open to all 50 states and D.C. for 2025 tax season

#242

Post by MarkSweep »

whimsicalism wrote: post #51

It's pretty dumb that this has an upper income limit that covers plenty of regular W2 wage workers

Some forms like 8959 and 8960 kick in at $200k. So I assume limiting to below that was to limit the scope of their MVP.

Re: IRS Direct File to open to all 50 states and D.C. for 2025 tax season

#243

Post by idiotsecant »

dheera wrote: post #112
macrael wrote: post #81

It's SUCH a win that they managed to roll this out to a small set of tax situations and states to start. Every government project I've been on has required creativity in defining an MVP that doesn't include shipping to everyone. This was cited consistently as one of the great successes of this project, they were able to ship something that successfully filed 150k taxes b/c they were able to scope things down to somet…

sigh this is a baby step but - Many if not most software engineers in California earn more than the $200K household limitation for using Direct File - From my understanding there is no way auto-generate my state tax return from Direct File so I would have to do all the work twice even if I can use it - Complicating my tax situation (legally) allows me to save more money, I would save far more than the price of TurboT…

You must be quite devastated that you have to take a few of those 200k dollars and hire a CPA. Try not to sigh so hard you run out of breath.

Re: IRS Direct File to open to all 50 states and D.C. for 2025 tax season

#244

Post by whimsicalism »

stalfosknight wrote: post #235
whimsicalism wrote: post #51

It's pretty dumb that this has an upper income limit that covers plenty of regular W2 wage workers

Nice complainbrag.

thank you, had to draft a few times to make sure it was appropriately subtle so only you could pick up on it

Re: IRS Direct File to open to all 50 states and D.C. for 2025 tax season

#246

Post by edflsafoiewq »

gottorf wrote: post #102
llamaimperative wrote: post #65

Earlier quoted context omitted.

Please provide examples of Democrats undoing good policy/legislation just because it was passed by a prior Republican administration.

The great increase in illegal entry into the country through the southern border is a good recent example. Though, I suppose this is predicated upon it being "good policy" that illegal immigration be slowed.

What policy/legislation was undone to lead to that?

Re: IRS Direct File to open to all 50 states and D.C. for 2025 tax season

#247

Post by [deleted] »

dzhiurgis wrote: post #219
cududa wrote: post #170

Earlier quoted context omitted.

The problem is you're exposing yourself as someone extremely self-centered, and someone that assumes their lived experience is equivalent of everyone else's, and adjudicating the utility of this particular thing as if you are reflective of the larger population. Saying the majority of engineers in California make at least $200k makes you even more out of touch. According to Glassdoor, over $200k for a SE in CA is 90t…

Which is ~$70 per hour - which you can earn from US firms while remoting across many timezones.

[deleted]

Re: IRS Direct File to open to all 50 states and D.C. for 2025 tax season

#248

Post by nitwit005 »

latency-guy2 wrote: post #131
vundercind wrote: post #125

Earlier quoted context omitted.

I have no idea what connection you’re drawing there.

What is the confusion? You're the one bringing up "rule of law" as if I live to be the government's personal slave along with millions of others.

No matter what society you live in, you will have to obey rules. There has never been a society where this is not the case, and there never will be one.

You can call that slavery if you want.

Re: IRS Direct File to open to all 50 states and D.C. for 2025 tax season

#250

Post by Jtsummers »

dzhiurgis wrote: post #219
cududa wrote: post #170

Earlier quoted context omitted.

The problem is you're exposing yourself as someone extremely self-centered, and someone that assumes their lived experience is equivalent of everyone else's, and adjudicating the utility of this particular thing as if you are reflective of the larger population. Saying the majority of engineers in California make at least $200k makes you even more out of touch. According to Glassdoor, over $200k for a SE in CA is 90t…

Which is ~$70 per hour - which you can earn from US firms while remoting across many timezones.

$70/hour is about $145k/year. If you're meaning it's close to $200k/year, that'd be $95/hour assuming 2080 hours/year (52 weeks at 40 hours a week).
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