3 ms·
I have to disagree here. It's not about the middleman. They probably know the income you made -- but they may also not know all the income you made. Self report
by boplicity 5y ago
I have to disagree here. It's not about the middleman. They probably know the income you made -- but they may also not know all the income you made. Self reporting of taxes is standard in many countries for this reason. People run small businesses, freelance, get cash payments, tips, etc that are outside their normal (reported) income. You are required to report this, even if the IRS doesn't know about it. That's why they will never send you pre-filled forms. They want you to report everything -- and they're certainly not going to make easier to skip reporting some of your income.
- sofixa 5y ago> Self reporting of taxes is standard in many countries for this reason. A person up the comment chain in Spain said that's not the case there, and i can confirm the same for France - everything they know is pre-filled, and it's up to you to declare the rest. Of course some people will underreport, but so will those willing to in the American system ( for tips, cash payments, freelancing they can be fairly certain the IRS can't know). Nothing changes besides middlemen lining their pockets and regular people losing time.