▲ 1686 ▼ Tax time (startrek.website) submitted 2 years ago by The_Picard_Maneuver@startrek.website [M] to c/lemmyshitpost@lemmy.world 148 comments fedilink hide all child comments
[–] Xanthrax@lemmy.world -3 points 2 years ago* (3 children) That's the free program they're offering already, it's through Intuit, though. They specifically want you to neglect to report your deductions. permalink fedilink source parent hideshow 6 child comments replies: [–] mosiacmango@lemm.ee 8 points 2 years ago* (last edited 2 years ago) No, it's not the legacy "free file" program, which Intuit has actually opted out of. It's a new "Direct file" pilot program. It will automatically calculate your deductions and credits, as they are not in anyway trying to "stop you" from getting them. permalink fedilink source parent [–] dokapuff@lemm.ee 7 points 2 years ago (1 child) Unless you have more itemized deductions than the standardized deduction would save you, there's not a point in reporting your deductions. permalink fedilink source parent hideshow 2 child comments replies: [–] EatYouWell@lemmy.world 2 points 2 years ago And you'd have to be in a pretty high income bracket or run your own business for that to happen. I make upper middle class money and keep all receipts and such, and I've never had my itemized deductions surpass the standardized deduction. But every year I enter all of it just to see. If you're one of the people who do, then you're likely already have a tax accountant doing your taxes for you. permalink fedilink source parent [–] EatYouWell@lemmy.world 1 point 2 years ago No it's not. They're testing out direct filing in 13 states this year, cutting companies like Intuit out of the equation for a giant chunk of the population. permalink fedilink source parent
[–] mosiacmango@lemm.ee 8 points 2 years ago* (last edited 2 years ago) No, it's not the legacy "free file" program, which Intuit has actually opted out of. It's a new "Direct file" pilot program. It will automatically calculate your deductions and credits, as they are not in anyway trying to "stop you" from getting them. permalink fedilink source parent
[–] dokapuff@lemm.ee 7 points 2 years ago (1 child) Unless you have more itemized deductions than the standardized deduction would save you, there's not a point in reporting your deductions. permalink fedilink source parent hideshow 2 child comments replies: [–] EatYouWell@lemmy.world 2 points 2 years ago And you'd have to be in a pretty high income bracket or run your own business for that to happen. I make upper middle class money and keep all receipts and such, and I've never had my itemized deductions surpass the standardized deduction. But every year I enter all of it just to see. If you're one of the people who do, then you're likely already have a tax accountant doing your taxes for you. permalink fedilink source parent
[–] EatYouWell@lemmy.world 2 points 2 years ago And you'd have to be in a pretty high income bracket or run your own business for that to happen. I make upper middle class money and keep all receipts and such, and I've never had my itemized deductions surpass the standardized deduction. But every year I enter all of it just to see. If you're one of the people who do, then you're likely already have a tax accountant doing your taxes for you. permalink fedilink source parent
[–] EatYouWell@lemmy.world 1 point 2 years ago No it's not. They're testing out direct filing in 13 states this year, cutting companies like Intuit out of the equation for a giant chunk of the population. permalink fedilink source parent
