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I wish some of those who parrot the myth that "the government (U.S) already has everything they need to prepare my tax return for me" would take note of this.
by PopAlongKid 3y ago
I wish some of those who parrot the myth that "the government (U.S) already has everything they need to prepare my tax return for me" would take note of this. This is just one illustration of how in fact they don't have everything, since if you are self-employed they don't know what your net profit is until you tell them (under penalty for perjury).
- BugsJustFindMe 3y ago> if you are self-employed This is barely 10% of the workforce. It kind of sounds like you're saying that the government does have everything it needs to prepare tax returns for approximately the other 90%.
- PopAlongKid 3y agoNo, I said "This is just one illustration of how in fact they don't have everything", not the only illustration.
- BugsJustFindMe 3y agoThat's ok. What percentage of the population do all of them combined apply to? Is it still the minority? (The answer is yes, it is still the minority. Barely 13% of people itemize deductions and financial transactions like home mortgages and stock purchases are reported.)