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[–] 91 points 2 years ago (3 children)

This is awesome! Now the IRS just needs to send me my already completed taxes that I just verify, sign, and return, like they do in Sweden.

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  • [–] 9 points 2 years ago (1 child)

    If they are missing something, is it easy to ammend what they send, or do you gotta start from scratch and you can only use that as a reference?

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  • [–] 7 points 2 years ago (3 children)

    There is no 'scratch', you login and practically everything is filled out. If you want to change or add something, you can do so.

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  • [–] 1 point 2 years ago (1 child)

    This is nearly how it works in Canada. I grant access from my accounting software to my Canada revenue agency account and pretty much just verify it's correct and fill in some of the non registered investment stuff which happens to be mostly with the institution whose software I use anyways.

    The software is free. It even checks my wifes to optimize the returns.

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  • [–] 2 points 2 years ago (1 child)

    How does that work for businesses and investments? In the UK I don’t have to do anything for taxes with my job, but if the investments in a rental property, or something like that, are over £4000 I have to do the forms.

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  • [–] 20 points 2 years ago (1 child)

    They give you something to sign. For the majority of people, they just say "Yeah, sounds about right" and they confirm it.

    For people with added complexities, they'll do what they already currently do and add in the details you're talking about. It's literally win-win all around except for the tax soft company CEOs.

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