3 ms·
> since what they know about many individuals is incomplete No, for most individuals it is complete. Most people don’t own stocks directly (only an estimated 2
by derangedHorse 2y ago
> since what they know about many individuals is incomplete
No, for most individuals it is complete. Most people don’t own stocks directly (only an estimated 21% do)[1], and the ones who don’t are not probable to deal with complexly taxable transactions as the norm.
[1] https://www.axios.com/2023/10/18/percentage-americans-own-stock-market-investing https://www.axios.com/2023/10/18/percentage-americans-own-st...
- voussoir 2y agoYour comment is phrased as a disagreement, but it's not. The GP post said the IRS can't do everyone's taxes, and you replied that they can do most. I think we're all on the same page that people would benefit from having available information autofilled while still having the opportunity to review and make corrections as needed.