rsti0000

7 ms·

1. 1.▲
   by rsti0000 1y ago

   Transcripts are for previous returns. I was saying you can grab the w2 and many of the 1099s the IRS received for you this tax year before you file your return by logging into the IRS website.
2. 2.▲
   by rsti0000 1y ago

   Do your return in TurboTax next time but before you pay, do the same return on freetaxusa. You will see it’s the same amount if you entered the same information.
3. 3.▲
   by rsti0000 1y ago

   The IRS accepts efilings in a prescribed format so that isnt a danger. If you look at a tax transcript produced from efiling vs a paper return, there is no material difference besides the fields related to how they were submitted.
4. 4.▲
   by rsti0000 1y ago

   DirectFile wasn’t meant to handle complicated edge cases. Most filers have a w2 and a few 1099s, use the standard deduction, and claim a few common credits (e.g., child and earned-income). They could file for free in a few minutes with dire
5. 5.▲
   by rsti0000 1y ago

   It’s not an honesty test, it’s a result of how the US income tax system evolved. Originally the IRS had far less data and everyone filed paper returns. For example, it was only in 2008 that Congress required brokers to track and report cost