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In response to "Time to overhaul the system. My layman's understanding is the IRS knows all the info we're sending them and the vast majority of us " by Krusty

This. -- (edited)

Posted by znufrii Jul 19 '21, 06:16

They have most of the information already, unless maybe you have capital gains or are itemizing deductions. Send everyone a draft return by the end of February, and give them until April 15th to make any corrections/additions. Done.

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will never happen, as it would require either: a massive increase in the staffing size at the IRs or a massive increase in IT spending to develop the - tRuMaN Jul 19, 06:21 3
- It can be done if the politicians want it to be done but I'm not sure any of them really care enough. We don't think big anymore and just carry - Krusty Jul 19, 06:33
- That, and the tax prep lobby makes sure it doesn't. -- nm - znufrii Jul 19, 06:22 1
  - I dont think the tax prep lobby cares about the simple returns that would benefit from this system, as it wont affect - tRuMaN Jul 19, 06:23

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