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Probably 95% of individual returns in the US can be handled by one of the high-end copies of TurboTax from your local office supply store. If Intuit can build i
by dangrossman 15y ago
Probably 95% of individual returns in the US can be handled by one of the high-end copies of TurboTax from your local office supply store. If Intuit can build it, so could the IRS and offer it as a web app. They could also put the data from W2s, 1099s, etc they receive online for you to view and automatically fill out most of your return with it.
It's a technology issue, just one the IRS has to tackle, not a startup.
- bhewes 15y agoIt is still a political problem as the IRS has not already done it even though the tech is available. But you are right it is not something a startup can do. Though a startup could develop web apps for states. God help them if they do.