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> Taxes are complicated because in reality they are actually complicated for many tax payers. I have property, investments, multiple incomes, including interna
by chrisseaton 4y ago
> Taxes are complicated because in reality they are actually complicated for many tax payers.
I have property, investments, multiple incomes, including international stock compensation that involves three countries, dependents... and my UK tax return is trivial.
How come it's possible in the UK but not the US?
- pfisch 4y agoI bought a high efficiency furnace this year. That is eligible for a tax deduction. How could that ever work if I don't file my own taxes? The seller isn't sending that info to the IRS.
- detaro 4y agoThey said their tax return was trivial, not that they didn't file one.
- jedberg 4y agoThey would send you a bill, you'd say, "hey I bought a furnace", they would deduct from the bill and you'd pay the rest.
- Broken_Hippo 4y agoYou just fix it. Just because they do pretty much all of the return doesn't mean that you can't fix errors or adjust information that needs it. And even when you do that, it'll still be easier than the paperwork in the US.
- jandrese 4y agoYou pull up the website where all of the information the IRS knows is already prefilled. You click on the "Efficiency Improvements Exception" box and add the value of your furnace. Click on any other things the IRS missed and add them. Click "submit" to finish the tax return. Done.