this post was submitted on 23 Apr 2024
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[–] dan@upvote.au 0 points 6 months ago* (last edited 6 months ago) (5 children)

If the USA didn't have such a complicated tax system, with companies like Intuit lobbying to keep it that way so they still make money, this wouldn't be an issue.

A lot of countries automatically fill out your entire income tax return for you, and send it to you to verify it. If it's all good, you just need to accept it. Less than five minutes work.

[–] UnderpantsWeevil@lemmy.world -1 points 6 months ago (4 children)

If the USA didn’t have such a complicated tax system

For 95% of the public, its not complicated. Its just getting all the independent pieces of information from different private agencies.

  • W2 from employer
  • 1098 from your mortgage company
  • 1099 from your retirement account firm
  • Prove you have health insurance
  • Prove you have student debts
  • Prove you have a small business and you've tracked your receipts
  • Prove you have children
  • Prove you paid taxes to your state

Once you have all the numbers lined up, its simple arithmetic. Easy for a computer to do.

But knowing who to ask for all the individual chunks of data is an obnoxious chore that only one organization does particularly well. And that organization - the IRS - won't tell you the information they have. They want you to guess and tell them what you have, so they can tell you if you got it right or not.

[–] DrRatso@lemmy.ml 0 points 6 months ago (1 children)

Just reading that gave me a headache. In Latvia, heres how the system works.

If you have no deductible spending (medical, education, donations).:

  • Log into the govt system.
  • Press a button to generate tax form.
  • Press verify and submit.
  • Pay what you owe or wait for the tax return.

If you have deductible info

  • As before but also scan your receipts, and add the info on each receipt to the form. Can done easily via an app, which handily (sometimes correctly) can autofill the needed info. You can do this at any point in time, so you can do it whenever you get a deductible receipt.
[–] Kornblumenratte@feddit.de 0 points 6 months ago* (last edited 6 months ago)
  • As before but also scan your receipts, and add the info on each receipt to the form. Can done easily via an app, which handily (sometimes correctly) can autofill the needed info. You can do this at any point in time, so you can do it whenever you get a deductible receipt.

I'm so envious!

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