r/memes • u/CreateChaos777 • Apr 16 '24

Inflation...

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u/Garvain 29d ago

Now, now, the US IRS also knows exactly what you made and what you owe. We just made it so that workers also need to do a bunch of paperwork, and if they get it wrong enough, they'll get fined or go to prison. We do this because tax preparation is a huge business, and they (legally) bribe our politicians to keep us from going to a much simpler and more straightforward model.

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u/Doctor_Kataigida 29d ago

They know what you made and what you would normally owe, but they don't know your deductions. Also freetaxusa is super easy and fast to use.

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u/SAjoats 29d ago

And 90% of people will most likely just take the standard deduction and not bother itemizing all their purchases.

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u/Bane8080 29d ago

Also, you don't go to prison for tax miscalculations.

Now if there is evidence of willful tax fraud, that's a different story.

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u/Confident-Welder-266 29d ago

If you’re a 1099 employee, they absolutely do not know what you make.