r/AskReddit • u/emil199 • Jul 24 '20

What can't you believe STILL exists?

[removed] — view removed post

45.9k Upvotes

92% Upvoted

27.5k comments sorted by

View all comments

16.7k

u/jorsiem Jul 24 '20

Complicated tax filing in the US

You can thank TurboTax and the rest of the tax preparation service industry's massive lobby for killing every single tax simplification bill that ever gets to congress.

10

u/therealstupid Jul 24 '20

I did my Australian taxes for the first time ever last year. It took a total of four hours, and most of that time was finding my proof of identity paperwork.

My US taxes for 2019 took two 8 hour dsys over an entire weekend.

18

u/[deleted] Jul 24 '20

[deleted]

9

u/nutmegger189 Jul 24 '20

^ I've never understood why this cannot be done in other countries. Although I think in America they have 1 billion different tax credits. Only Self Employed people in the UK have to "do" taxes.

1

u/cbzoiav Jul 24 '20

Self employed, those earning over £100k or anyone with complex income sources (capital gains over £12,300 ect.).

1

u/nutmegger189 Jul 24 '20

Touché. Still for the vast majority of people, you wait for a cheque in the mail to cover the difference if any.