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The reason I think taxes are hard isn't because of messaging. I might be an idiot, but it's because of an experience I had years ago where I was trying to follo
by recursive 2y ago
The reason I think taxes are hard isn't because of messaging. I might be an idiot, but it's because of an experience I had years ago where I was trying to follow the rules and pay taxes on some contracting income. I screwed something up. I ended up corresponding with the IRS dozens of times. Somehow I had recorded some income that never happened. I think I spent more time writing letters than I spent on the contract project. To this day I'm scared of contacting.
- EvanAnderson 2y ago> ...where I was trying to follow the rules and pay taxes on some contracting income... You're an exception and, yeah, it sucks. For somebody who has W-2 income, maybe a 1099-INT, and takes the standard deduction filing taxes is painless and simple. I've just accepted the $800 - $1,000 cost per year for preparation of my LLC K-1 and personal taxes as part of the cost of being an exception. It sucks, but I just roll it into my rates.
- acdha 2y agoYeah, I’m not saying that every situation is trivial but the figures I’ve seen have something like 80% of filers using W-2 income so it’s weird when people who don’t have complex property ownership or business arrangements talk like it’s incredibly complicated. Most of us could use Direct File to be just like most other countries in the world, but there’s a now-dominant lobby which tried to block that.