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Sunday, January 24, 2010

Why not Just Fill in the Blanks

In the NYT, like a flat tax, a great direction:

' ... It’s a stunningly reasonable idea. When you prepare your return, why can’t you first download whatever data the Internal Revenue Service has received about you and, if your return is simple, learn what the I.R.S.’s calculation of your taxes would be? You’d have the chance to check whether the information was accurate, correct it as needed and add any pertinent details — that you’re newly married, for example, or have a new child — before sending it. Far better to discover problems early with the I.R.S., whose say matters more than third-party software’s best guess.... '

Update: Intuit, maker of a popular tax preparation package, says no.

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