Theemile wrote:drinksmuchcoffee wrote: quote="Theemile"
Self employed would be more difficult, but if you enter the data correct all along, the end should be easy. /quote
Must. Control. Hysterical. Laughter.
I am (very) modestly well-to-do. I have some consulting fees and contingent payments (some in cash, some as restricted stock) passed through an LLC. I have some investment income as well, most from securities and some from a rental property.
My tax return is typically about five hundred pages.
I also had to pay for a legal opinion from a tax attorney about the actual tax status of the restricted stock transfers.
Let's face it, our tax system is antiquated. The government should have a better database of payments and deductions. There shouldn't be the need of opinions, everything should fall into one category or another. The system is made to make the tax prep system money.
My wife (a tax consultant) would laugh at me too, as both if our independent consultant jobs rack up well over 100 pages each year; but a fresh tax code, with a modern database, would simplify taxes greatly and greatly simplify the paperwork at the end.
I am continuously amazed at the number of people in the U.S. that don't pay taxes. I don't have the income sources that Threemile has, being limited to earnings, pensions, and interest so my tax return is a relatively simple 4 pages long (or would be if I printed it and sent it in). I use a computer tax package, download my information from the government which received the information from my income sources, review it, and e-file it. Takes between 5 and 10 minutes. Less than a week later, the money is in my bank account.
As for "If you don't pay taxes, you shouldn't get a say in how they are spent" sorry but I don't believe that, more like, if you want to make decisions on how I live my life, I get to say in those decisions, or at in least who gets to make them. It has been a long time since the days of White, Landowner, Male only voters. Let's keep it that way. I do believe that you need to make a commitment to the country you are voting in, such as being a citizen. And if you are a citizen, and chose to live elsewhere, then you shouldn't get to vote. This is probably in the wrong forum, never mind the wrong thread. Sorry about that.