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Seems appropriate today... (yall.theatl.social)

submitted 7 months ago by [email protected] to c/[email protected]

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[–] JDubbleu 1 points 7 months ago (1 children)

Even then buying and selling stocks, having a 401k, IRA, etc. doesn't even make it complicated. You just have to fill out a 1099-B/DIV/INT and then list your contributions to your retirement accounts.

I don't know why people pretend it's so hard. You spend 30 minutes every year answering a few questions and punching numbers into boxes from a few documents that are sent to you by your broker/bank/employer. It's also only $15 at FreeTaxUSA.

Opening the accounts you report to the IRS is arguably more difficult than filing them on your taxes.

[–] [email protected] 3 points 7 months ago

The main point I think is that American taxes aren’t typically difficult, but rather inconvenient - by design of the tax prep companies lobbying to keep it that way.