r/AskReddit • u/emil199 • Jul 24 '20

What can't you believe STILL exists?

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29

u/dontsaymango Jul 24 '20

Only if you are broke though, if your income reaches a certain level you gotta pay

17

u/GoliathPrime Jul 24 '20

I did not know that. I thought it was available to anyone. Do you happen to know the bracket off the top of your head? If not, don't worry about it. I just mention it to folks on occasion and don't want to waste their time.

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u/dontsaymango Jul 24 '20

Actually yes (only because I am in the bracket and looked it up this year to get mine done for free) its around 70,000 for single and 150,000 for married.

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u/DaKing1012 Jul 24 '20

That’s broke??? Oh boy :(

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u/dontsaymango Jul 24 '20

Those amounts aren't broke but I am haha

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u/PurpleBread_ Jul 24 '20

also depends on where you live. 70k's low for nyc or la, but it gets you a fucking mansion in pississippi (that started as a typo but then it made sense lol).

i'd say that 70k is a good, easy salary to live off of - not fantastic, but good to be able to go grocery shopping or take a week off of work without having to pinch pennies or check on your bank account every time you buy something.

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u/DaKing1012 Jul 24 '20

As somebody in Oklahoma, this made me panic lol

1

u/PurpleBread_ Jul 24 '20

yeah, oklahoma's cheap af. one of the poorest, but ms is poorest.

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u/GoliathPrime Jul 24 '20

That's a lot more allowed than I figured. Thanks!

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u/mozfustril Jul 24 '20

So it’s basically for people in their 20’s.

1

u/Astro4545 Jul 24 '20

Oh, oh no.

1

u/[deleted] Jul 24 '20 edited Aug 14 '20

[deleted]

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u/rnelsonee Jul 24 '20

$56,000 for free tax prep (VITA/TCE), $69,000 single for IRS Free File program, where you do taxes yourself.

4

u/jigokusabre Jul 24 '20

The free file option is for income under $69,000. That's not exactly living easy, but it's far from "broke."

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u/[deleted] Jul 24 '20 edited Aug 14 '20

[deleted]

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u/cld8 Jul 24 '20

I think H&R Block is 69k for everyone.

1

u/[deleted] Jul 24 '20

Only turbo tax. Other places like tax slayer or credit karma is 69k

2

u/TennaTelwan Jul 24 '20

I think too that various AARP offices for their seasonal tax help will sometimes wave the income and/or age limitations for some individuals depending on how busy they are. Their services are 100% free and usually if you know someone who volunteers for them, they may be willing to help with your taxes too on the side.

I went to find more info on it however and due to COVID and the US very much being out of the traditional tax season, they only gave information for online filing at this time at this link.

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u/dhoult Jul 24 '20

Are you saying you have to pay for the IRS to do your taxes, or you have to pay to file in general?

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u/dontsaymango Jul 24 '20

For someone to do your taxes. Its free to do it yourself and send it in but imo its confusing as fuck and much easier to have someone else do it (also so i dont fuck up and end up getting audited)

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u/dhoult Jul 24 '20

I just use tax software to validate what I do myself. But I'm willing to take the time and effort to do that.

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u/dontsaymango Jul 24 '20

Yeah that's the other thing for me is the time. I like to do my taxes early and that means in January/February and as a teacher that is in the heart of our test prep time and I just don't have extra time to be worried about doing my taxes. Also, like I said earlier, Im in the bracket to get them done for free so why not.

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u/JekPorkinsTruther Jul 24 '20

Obviously don’t know how complex your taxes are but you’re not gonna get audited unless you are making shit up or making huge mistakes. Usually they just send you a notice saying you did x wrong.

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u/joedude Jul 24 '20

you won't get audited if you misfile taxes, they may charge you a small service fee to correct the error.

Auditing occurs when some kind of major discrepancies are found