| ▲ | avadodin 2 hours ago | |
Literally everything could be derived automatically by the government in current year so filing taxes feels like entrapment, but I like that idea. They not only do that —saving you so many worries— but then you get to be medieval about it and say: no, I challenge the tax authority to a duel. | ||
| ▲ | twoodfin an hour ago | parent [-] | |
Literally everything could be derived automatically by the government in current year… The Earned Income Tax Credit is one of the most important transfers embedded in the tax code. It provides about $70B to low-income workers every year. Take a look at the eligibility criteria: https://www.irs.gov/credits-deductions/individuals/earned-in... You can claim the EITC if you are married, not filing a joint return, had a qualifying child who lived with you for more than half of the tax year and either of the following apply. - You lived apart from your spouse for the last 6 months of tax year, or - You were legally separated according to your state law under a written separation agreement, or a decree of separate maintenance and you didn't live in the same household as your spouse at the end of the tax year. … You can claim the head of household filing status if you're not married, had a qualifying child living with you more than half the year, and you paid more than half the costs of keeping up your home. No, the government can’t derive this all “automatically”. | ||