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I would absolutely let the IRS prepare my taxes... if this workflow or one like it is followed: Jan, I get a 1040 form, prefilled out. If I don't agree that i
by pnathan 8y ago
I would absolutely let the IRS prepare my taxes... if this workflow or one like it is followed:
Jan, I get a 1040 form, prefilled out.
If I don't agree that it states my financial position correctly, I can correct it & send it back by Mar 1st.
If I do agree, I place it in my file cabinet.
But as patio11 noted, at least once, the IRS enforces taxes to the amount Americans will tolerate. What he did not say, but I have heard elsewhere, is that tax evasion is enormous, and pervasive in the cash economy.
which is part of why I favor abolishing cash. :-)
- mox1 8y agoThis is the irony, that in your scenario (which I agree with), My "check" would be to purchase Turbotax or similar and run the numbers. So whether the IRS pre-fills the 1040 or I do it myself, I'm going to use tax prep software. I guess they loose the e-filing fees, but most version of the software come with 1 free federal and 1 free state..
- pnathan 8y agoIn this scenario, I am quite comfortable checking my own numbers without the aid of specialized software. I use TaxAct today because of e-filing. In other scenarios, I would prefer to cough up money to talk to a specialist.
- jonnycomputer 8y agoFree, unless you earn too much, or if you have any any business income.