Re:Would You Let the I.R.S. Prepare Your Taxes? (2015)
by astura on Monday August 13, 2018 @02:39PM
(#17752479)
The whole idea is the IRS would prefill all the forms with all the information they know and you'd login and add anything that's missing. 80% of taxpayers would just confirm and hit submit, the ones who need to add stuff know who they are. You can always hire someone to do it for you too.
Most people already claim the standard deduction and with the new tax reform 95%+ of tax returns are going to claim the standard deduction this year. As part of the hypothetical bill could also require more organizations (charities, local governments) to report to the IRS.
I have business income the IRS doesn't know a thing about before I fill out my schedule c, but prefilled forms for all the stuff they DO know about would still be awesome and super helpful.
Most people already claim the standard deduction and with the new tax reform 95%+ of tax returns are going to claim the standard deduction this year. As part of the hypothetical bill could also require more organizations (charities, local governments) to report to the IRS.
I have business income the IRS doesn't know a thing about before I fill out my schedule c, but prefilled forms for all the stuff they DO know about would still be awesome and super helpful.