16 ms·
The IRS doesn't always know everything. For example, they don't know how much medical expenses were incurred in the tax year. If there's a centralized place whe
by oarla 9y ago
The IRS doesn't always know everything. For example, they don't know how much medical expenses were incurred in the tax year. If there's a centralized place where all relevant expenses and incomes are logged, then maybe they should do it for everyone. Else, it's going to be a problem going back and forth with IRS over the right amount of taxes to be paid.
- MR4D 9y agoThey don’t need to know that, though. For instance, the irs could send you a statement with everything they know and a total at the bottom. You can either pay that, or if you think you should pay less, prove it by filling out a bunch of 1040/1099/etc forms with supporting evidence. Frankly, I’d love it. If it’s close enough, I think many people would pay a bit more just to eliminate the hassle.