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You took me literally. Basically IRS can file taxes for all your details without adjustments. If you want to make adjustments, there should be an easy way to fi
by az226 3y ago
You took me literally. Basically IRS can file taxes for all your details without adjustments. If you want to make adjustments, there should be an easy way to fill them in and be done with them. Donations, tax credits, etc.
Most brokers send all the info to the IRS, but there are some that get wrong cost basis for ESPP (Fidelity looking at you) and so you’ll have to rectify that too. But those things should spit out a number that gets adjusted from the IRS number.
- refurb 3y agoThey'll actually do that today if you want! I had a friend in college who hated doing taxes so he spent 5 min putting whatever numbers into the forms. A few months later the IRS sent a "your filed incorrectly, here is the corrected return" and he'd be like "cool".