The IRS will begin accepting Federal Tax Returns today

[Amerikan Melanin]

I’m terrified. I know I owe a ton.

 

[MrLogic]

The IRS can eat a baby seal dikk.

 

[CrimsonTider]

I hope these new recruitments includes hella IT-guys, most developed nations have damn near automated the whole process, which you just need to confirm, unless you have complex finances or businesses etc.

This is the US, if some corporation is making billions off an overly complicated system that’s what we’ll continue to do.

Unless you’ve got a cash business taxes should be completely automated. There’s not one form I’m submitting that the Feds don’t already have.

What should be automated?

 

[Geek Nasty]

What should be automated?

If theres nothing customized in your taxes, just take my w-2 and all my 1xxx forms and generate a return.

 

[Admiral Ackbar]

Took over my uncle's tax prep business. Keeping me occupied for the next three months, but the extra money

 

[CrimsonTider]

If theres nothing customized in your taxes, just take my w-2 and all my 1xxx forms and generate a return.

Wtf

The irs doesn’t know if you had a kid last year. They don’t know if sold stocks last year or paid medical bills out of pocket. Etc

 

[Jaylen Tatum]

Wtf

The irs doesn’t know if you had a kid last year. They don’t know if sold stocks last year or paid medical bills out of pocket. Etc

Just realized I didn't claim that on my taxes last year

 

[Spence]

Wtf

The irs doesn’t know if you had a kid last year. They don’t know if sold stocks last year or paid medical bills out of pocket. Etc

That’s an easy fix in having the hospitals report transactions to the irs. HIPAA might get in the way but everything is still private info

 

[CrimsonTider]

That’s an easy fix in having the hospitals report transactions to the irs. HIPAA might get in the way but everything is still private info

The irs also doesn’t know how much money you donated or how much mortgage interest you paid last year

 

[T-K-G]

If I only work in one state, I file on my own through the government website,

In years that I work in both New York and New Jersey, I go to H&R block because that shyt gets crazy complicated

If I work in multiple states TurboTax works just fine still, had 4 different joints one year and it was surprisingly painless outside of my looking up old work addresses for shyt

 

[#1 pick]

How are you broke. Aren’t you working two gigs

I end that when I got back into the enterprise. They taxing the shyt outta me.

 

[Jaylen Tatum]

How long did it take the irs to acceota yalls return? I did mine yesterday and still haven't been notified its accepted.

 

[Brolic]

Can some Coli Tax experts explain how I still owe money?? I owe $733 federal taxes but I have -$1,066 in capital losses from stocks. When I enter in my capital losses it says I still owe $502. The -$1,066 doesn't offset the 733?

 

[dora_da_destroyer]

The irs also doesn’t know how much money you donated or how much mortgage interest you paid last year

Your SSN is connected to all of that ( not donations but most people aren’t donating enough for them to need to itemize it). and you’d still have a chance to make changes prior to filing. Needing to gather all these forms, or even import them if using software, is archaic. The govt is putting checks right into your bank account, they can pull a 1099 from your bank

 

[Rembrandt]

Can some Coli Tax experts explain how I still owe money?? I owe $733 federal taxes but I have -$1,066 in capital losses from stocks. When I enter in my capital losses it says I still owe $502. The -$1,066 doesn't offset the 733?

Did you sell the stocks or keep them? Selling them as a loss can potentially get a deduction.

How long did it take the irs to acceota yalls return? I did mine yesterday and still haven't been notified its accepted.

Same day