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A comment on IRS tests free e-filing system that could compete with tax prep giants. Parent comment

Re:IRS tests free e-filing system that could compete with ta... by ethbr0 on Monday May 15, 2023 @03:18PM (#35953244)
There's a monopoly to a first-order approximation.

Apparently TurboTax has ~70% market share for tax preparation software, and TurboTax + H&R Block have ~95% market share. [0]

But even that's still a heck of a lot more competitive and responsive than if the IRS shipped the only tax prep solution.

[0] https://secondmeasure.com/datapoints/tax-prep-2021-turbotax-...

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Re:IRS tests free e-filing system that could compete with ta... by refurb on Tuesday May 16, 2023 @01:56AM (#35958164)
No, not even by "first order approximation" because plenty of returns are done without any software at all, or done by professionals with different software.
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