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A comment on IRS Reforms Free File Program, Drops Agreement Not to Compete with TurboTax. Parent comment

Re:IRS Reforms Free File Program, Drops Agreement Not to Com... by opportune on Tuesday December 31, 2019 @02:35PM (#21923945)
Even a lot of the more complex things could be automated.

For example, the only slightly complex thing about my taxes are capital gains and interest. It would not be hard to have my brokerages/banks coordinate with the IRS to autopay my taxes on that as well, just like my income taxes are auto paid.

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Re:IRS Reforms Free File Program, Drops Agreement Not to Com... by briandear on Tuesday December 31, 2019 @03:02PM (#21924225)
Does the government automatically know what you spent in business expenses? Or what charitable donations you made? Or what property you may have lost during the year?
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Re:IRS Reforms Free File Program, Drops Agreement Not to Com... by zacharycohn on Tuesday December 31, 2019 @10:18PM (#21926436)
That's a great example of something most Americans don't have to worry about. They could take advantage of autofile and you wouldn't. Simple as that.
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Re:IRS Reforms Free File Program, Drops Agreement Not to Com... by opportune on Tuesday December 31, 2019 @03:04PM (#21924248)
I’m not saying those are easy to automate, or that everything can be automated, I’m saying a lot of things are able to be automated. Not only capital gains and interests, I suppose mortgage interest deduction would also be easy.
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