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Even for people operating exclusively on wages/salary, it's amazing how fast things can snowball. Did you work remotely for an out-of-state employer? Now you g
by Bartweiss 8y ago
Even for people operating exclusively on wages/salary, it's amazing how fast things can snowball.
Did you work remotely for an out-of-state employer? Now you get to worry about the interplay of taxes in multiple states. Did you change health insurers mid-year? Now you're working out how to prove you were ACA-compliant at all times. Did you have some obscure deduction like rent payment deductions from state taxes? Several people I know lost hundreds of dollars this year by simply not knowing that deduction existed.
Obviously, filing with a paid service instead of simply getting a bill in the mail has a cost. But working out what one owes under the current system also has a pretty significant cost, both in hours spent and potentially in dollars.