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This is only true if you don't own anything, never make any contributions, don't have any investment accounts, and don't have any self-employment income. Otherw
by jschwartzi 8y ago
This is only true if you don't own anything, never make any contributions, don't have any investment accounts, and don't have any self-employment income. Otherwise the 1040 is a huge pain in the ass requiring forms within forms and raising tons and tons of nebulous questions about your exact status within the legal definitions.
I wouldn't assume that the people who pay for tax preparation every year are idiots.
- tathougies 8y agoI make 401(k) and IRA contributions, have been self-employed (and yes, had to file quarterly returns), have several investment accounts. It's still straightforwards. You don't have to be a rocket scientist to fill out these forms. The IRS provides copious documentation and even has a phone line... Please stop assuming the guy you're talking to on Hacker news is a simpleton.