this post was submitted on 18 Oct 2023
174 points (98.9% liked)

Personal Finance

3779 readers
1 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
174
IRS will launch free online tax-filing pilot in 13 states next year (thehill.com)
submitted 11 months ago by [email protected] to c/[email protected]
19 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] sugar_in_your_tea 1 points 11 months ago

Nah, the process should be:

  1. IRS sends you a letter (or email if you choose that) with a summary (includes exp dependents, prior year deductions, etc)
  2. You optionally file a correction
  3. You pay what you owe or get a check

That's it. And taxpayers could update their profile at any point in the year as things change, or just wait until the end of the year and file something.

This way most people don't need to file anything.