2 ms·
Considering the standard deduction is default for many people now it does seem like filing taxes should just be a quick form on the IRS website. For MOST peopl
by duxup 2y ago
Considering the standard deduction is default for many people now it does seem like filing taxes should just be a quick form on the IRS website.
For MOST people you take the standard deduction, and there's now only a handful of legit credits, maybe some small other types of income ... done.
Granted lots of people do NOT want it to be that easy.
- BorgHunter 2y agoThe alternative minimum tax is certainly not the default for most people; you have to make quite a lot for that to be relevant. Do you mean the standard deduction?
- duxup 2y agoYes my bad.
- BobaFloutist 2y agoStandard deduction is great but this is the first year I had enough cash to bother parking it in a Money Market Fund instead of my bank's savings account and whew boy does that have an irritating tax process.