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Perhaps these don’t need to be lumped into a single tax return and can instead be handled independently by the appropriate institutions — brokerages deducting t
by divbzero 6y ago
Perhaps these don’t need to be lumped into a single tax return and can instead be handled independently by the appropriate institutions — brokerages deducting tax on investments, closing agents deducting tax on house sales, IRS mailing a check each year for dependents, and so on.
Sibling comments suggest that other countries successfully automate much of their taxes.
- AnssiH 6y agoJust to add, regarding the "single tax return": In Finland many of the remaining have-to-input-manually things (e.g. kotitalousvähennys, tax credit for household expenses) can be reported on the tax web portal at any time.