Submitted by hktactical t3_10lebov in explainlikeimfive
zgrizz t1_j5w9hzg wrote
They only refund the amount you gave them over what you had to.
You gave them a free loan.
GandalfSwagOff t1_j5wdn89 wrote
So why are we filing our own taxes when the government already knows what we owe?
keandakin t1_j5we635 wrote
To prop up TurboTax and H&R Block. It's a scam
pseudopad t1_j5wencg wrote
Just want to chime in amd say that this is absolutely true. Tons of other nations don't require anything like this. I can do my taxes by simply logging in on a government website, read the report they've got, and if I see nothing wrong, be done with everything by clicking "send". Takes a whole 2 minutes for most salaries people.
97% of the time, all my deductibles are already there and correct to the last cent.
homeboi808 t1_j5weg1b wrote
Well, they know at the end.
A classic example would be if you take a take a deduction for auto-expenses or mileage, the government won’t know how much less to take if you don’t calculate the deduction at the end.
Or let’s say you don’t take the standard ~$13k deduction but instead want to do itemized, they have no way of knowing your itemized deductions unless we were to go full tilt with the government having a profile for every person and tracking every single transaction they make.
Or, you don’t need to contribute any more to Social Security once you hit a certain amount, but you have to contribute a higher % to Medicare once you hit a certain amount; if you have more than 1 job, how would either job know how much you are making in total (including any other sources of income)?
If US taxes were simplified, then yeah, having each worker file every year would not be needed.
Nickthedick3 t1_j5wdtt1 wrote
So if you do it wrong they get to fine you for more money.
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