Link? I will instantly use it. Mostly to stick it to Intuit.
Comment on Tax time
EatYouWell@lemmy.world 1 year ago
The IRS is actually testing a new system where they just tell you how much you owe/get, and that’s it unless there’s unreported income and such that needs to be corrected.
Sanctus@lemmy.world 1 year ago
dantheclamman@lemmy.world 1 year ago
Turbotax has entered the chat. Turbotax has DMed your senator a couple hundred thousand to make sure you will never be able to use this
Sanctus@lemmy.world 1 year ago
I’m not going to lie; there is a threshold where just being a complete tribal savage is easier than dealing with the beauracacy. If it becomes too time consuming, expensive, and stressful to do taxes, I will squat in the soon-to-be ruins of business real estate and hunt the local pigeon and duck populations to survive.
CuddlyCassowary@lemmy.world 1 year ago
They decide who is in the pilot at this point, not us.
Sanctus@lemmy.world 1 year ago
That hurts, hope it comes to the public.
SquishMallow@lemmy.world 1 year ago
It will. Takes time to test and roll things out
HubertManne@kbin.social 1 year ago
its only some states in the pilot and not mine :(
wildcardology@lemmy.world 1 year ago
Things you need to know first
Xanthrax@lemmy.world 1 year ago
It’s already like this with free tax returns. It just sucks you have to go through Intuit, because of their lobbying. They’re also counting on you not properly doing your taxes in the OPPOSITE way. They want you to be lazy and pay more in taxes, for the convenience.
EatYouWell@lemmy.world 1 year ago
You apparently misunderstood what I was saying. The IRS is testing a program where they tell you how much you get/owe, and that’s it unless you need to make changes like adding deductions or reporting unreported income.
Xanthrax@lemmy.world 1 year ago
That’s the free program they’re offering already, it’s through Intuit, though.
mosiacmango@lemm.ee 1 year ago
No, it’s not the legacy “free file” program, which Intuit had opted out of. It’s a new pilot program.
dokapuff@lemm.ee 1 year ago
Unless you have more itemized deductions than the standardized deduction would save you, there’s not a point in reporting your deductions.
EatYouWell@lemmy.world 11 months ago
No it’s not. They’re testing out direct filing in 13 states this year, cutting companies like Intuit out of the equation for a giant chunk of the population.
LameName3000@lemmy.world 1 year ago
That sounds like how it works in my country. Every year is just log in, take a quick look at the numbers, sign and send it away. Takes a minute or two and it just works.
wildcardology@lemmy.world 1 year ago
Testing for 13 states for now.
Catoblepas@lemmy.blahaj.zone 1 year ago
Also, the IRS only escalates straight to jail if it’s incredibly obvious you’re intentionally committing tax fraud. If your forms are wrong they just send you a letter to fix it.
Aviandelight@mander.xyz 1 year ago
I wish more people were aware of this. One year I made a rather significant number entry error and should have owed a couple thousand more than I paid. I got a fairly routine letter later in the year asking me to correct the error. I had a little mental panic, reran the numbers, and filed an amended return. There was no pressure, you always have payment options, and they send you back another letter confirming the acceptance of the amended file. I understand that many people would have significant problems paying extra unexpectedly but unless you are actively committing fraud you are not an immediate priority for the IRS.
Catoblepas@lemmy.blahaj.zone 1 year ago
And if you can’t afford to pay it all in one go, they will work with you to set up a payment plan. If you can pay it off in 6 months it’s basically a non-issue.
Lionel@endlesstalk.org 1 year ago
They sound so nice compared to how evil the ads make them
citrusface@lemmy.world 1 year ago
Or you can ignore it all together and let your refund the next year handle it 🙃
KinglyWeevil@lemmy.dbzer0.com 1 year ago
Make sure you save all those letters, lest you resolve the error and get a letter several years later saying you owe $x + interest due to an error that you’ve already resolved. Because they don’t have those records digitally, apparently, and if you don’t have paper copies of every document involved you might just get to pay that penalty whether it was ever due in the first place, or even if you’ve already paid the penalty. Or get a lawyer.
Which is what happened to me the year before last.
Aviandelight@mander.xyz 1 year ago
Absolutely! I save everything when I comes to my money.
EatYouWell@lemmy.world 11 months ago
Yeah, those letters should follow the 3-2-1 backup rule. 3 copies in 2 different mediums with 1 stored off-site.