Re:IRS to Begin Trial of Its Own Free Tax-Filing System
by georgeecollins on Saturday January 06, 2024 @05:44PM
(#38896320)
True, but 99.5% of Americans don't get RSUs. There are other cases like business expenses and unusual deductions, but again most people don't have those. So the IRS can probably only calculate taxes for 80% of Americans. (I'm guessing, not an expert)
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Re:IRS to Begin Trial of Its Own Free Tax-Filing System
by PaulDavisThe1st on Saturday January 06, 2024 @06:13PM
(#38896568)
Last time I looked it up, it is indeed somewhere between 10% and 20% of individuals that file Schedule C to report business income, and thus could not be handled by an automatic IRS tax system. Good guess!