@ToadOfHypnosis@CosmicTurtle0 Want something more bullshit? You get 3 years to find mistakes in your past returns, the IRS gets 7 years to find mistakes, and if’n you owe money, you owe interest since the underpayment.
@ToadOfHypnosis Not sure, I know that the rules really benefit the IRS, I should’ve owed $1800, but after that, interest (starts on the day it was due), penalties, and fees, I owed $4200. Nice racket they got there.
Yeah, us figuring out how much we owe then getting penalized if we miscalculate is a bull shit system.
@ToadOfHypnosis @CosmicTurtle0 Want something more bullshit? You get 3 years to find mistakes in your past returns, the IRS gets 7 years to find mistakes, and if’n you owe money, you owe interest since the underpayment.
I feel it’s designed to push you towards a tax preparer. More business protectionism that benefits the rich and drains regular people.
@ToadOfHypnosis Not sure, I know that the rules really benefit the IRS, I should’ve owed $1800, but after that, interest (starts on the day it was due), penalties, and fees, I owed $4200. Nice racket they got there.