Comment on FTC judge rules Intuit broke law, must stop advertising TurboTax as “free”

FlyingSquid@lemmy.world ⁨1⁩ ⁨year⁩ ago

• Nefrayu@lemmy.world ⁨1⁩ ⁨year⁩ ago

  In Ireland and I believe most other European countries the tax is just taken out of your salary/wage. So unless you do something taxable outside of a normal wage you largely don’t need to worry about it.

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  • FlyingSquid@lemmy.world ⁨1⁩ ⁨year⁩ ago

    It is in the U.S. too, but you often either owe more than was taken out or are due a refund because too much was taken out. But you need tax software in order to figure that out because it’s so damn complicated half the time.

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    • Nefrayu@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Oh that sounds somehow more annoying than just having to pay it yourself, seeing as you have to do the calculations yourself anyway.

      To be fair it possible to be owed a refund or owe extra tax in Ireland too. If you changed jobs and didn’t inform revenue they won’t apply tax credits until they know the full story for example. You never have to calculate how much you owe or are due though, at least not for an individual. You just tell them what your salary is, or if you’re claiming a credit.

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      • brianorca@lemmy.world ⁨1⁩ ⁨year⁩ ago

        The US allows deductions, which can come from a large number of sources. Some examples include interest paid on the mortgage of your primary residence, certain health care costs, or charitable giving. Since your job doesn’t know about those, they can’t make that calculation in your payroll withholding.

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      • anonono@lemmy.world ⁨1⁩ ⁨year⁩ ago

        Oh that sounds somehow more annoying than just having to pay it yourself, seeing as you have to do the calculations yourself anyway.

        it was never about the convenience of the worker, but about making sure they pay. companies act as tax retention agents.

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    • irotsoma@lemmy.world ⁨1⁩ ⁨year⁩ ago

      The reason is that rich people have lots of loopholes to avoid tax and a lot of them just flat out file fraudulently. If the system was simpler, then they’d have to actually pay their taxes because it would be easy to detect.

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  • reagansrottencorpse@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Yeah but it’s much easier for the rich to find loop holes and not pay their fair share our way. So you see, it’s much better! /s

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