Quote:
Originally Posted by JMintzer
If only one could pay their taxes by filling out a post card...
For the life of me, I don't know why no one has run on that platform in the past...
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Yeah that didn't work out so well. We thought it'd be that easy, til we got to one of the lines on the form. Turns out we had to fill out a couple of other forms, to find out what we needed to put on that line.
So we did that - and got to another line, that required we fill out another form to find out what to put on that line. And as it turned out, we weren't eligible to put anything down on that line, so we spent a half hour filling out a form to learn that the answer to that line was zero.
That postcard form is only easy for people who know, in advance, that they won't be itemizing and are taking only the standard deduction, and nothing else, and have no capital gains or losses, or have paid any taxable interest on investments.
For everyone else, you need more forms before you can fill out that postcard.