Here’s how to simplify things :
1. Taxpayer Name, Address, SSN {everybody }
2. Enter Gross Income (W-2′s, 1099′s ) etc.
3. Multiply by 17%.
4. Enter Amount Witheld.
5. Subtract 4 from 3. If amount positive, enclose check for that amount. If negative, refund to you.
6. Sign form.
Reduce staffing of the IRS. Resuce need for tax accountants & CPAs doing taxes. everybody in the same boat – you can complain how your money is wasted on a wholesale scale. Same for State at a lower percent.
Here’s how to simplify things :
1. Taxpayer Name, Address, SSN {everybody }
2. Enter Gross Income (W-2′s, 1099′s ) etc.
3. Multiply by 17%.
4. Enter Amount Witheld.
5. Subtract 4 from 3. If amount positive, enclose check for that amount. If negative, refund to you.
6. Sign form.
Reduce staffing of the IRS. Resuce need for tax accountants & CPAs doing taxes. everybody in the same boat – you can complain how your money is wasted on a wholesale scale. Same for State at a lower percent.
Makes too much sense. Will never happen.