brbposting@sh.itjust.works to Technology@lemmy.worldEnglish · 9 months agoUpdate: IRS successfully launches their own free Direct File - now ALL of my fellow 'murcans are eligible for 2025sh.itjust.worksimagemessage-square208fedilinkarrow-up11.78Karrow-down126file-text
arrow-up11.75Karrow-down1imageUpdate: IRS successfully launches their own free Direct File - now ALL of my fellow 'murcans are eligible for 2025sh.itjust.worksbrbposting@sh.itjust.works to Technology@lemmy.worldEnglish · 9 months agomessage-square208fedilinkfile-text
minus-squarejj4211@lemmy.worldlinkfedilinkEnglisharrow-up11arrow-down1·9 months agoSounds like having any 1099 is ‘too complicated’. So anyone with any sort of savings account that managed to get $10 of interest over a year… So if you have like a thousand dollars in a boring old savings account you are ‘too complicated’.
minus-squareWilly@sh.itjust.workslinkfedilinkEnglisharrow-up1·2 days agoNot really. If you are filling out $10 1099s you’re probably taking a standard deduction so it never matters.
minus-squarejj4211@lemmy.worldlinkfedilinkEnglisharrow-up2·2 days agoWow, old comment. 1099 is income, not a deduction.
minus-squareshimura@lemmy.worldlinkfedilinkEnglisharrow-up1·9 months agoYep, kinda surprised me to be honest.
Sounds like having any 1099 is ‘too complicated’. So anyone with any sort of savings account that managed to get $10 of interest over a year… So if you have like a thousand dollars in a boring old savings account you are ‘too complicated’.
Not really. If you are filling out $10 1099s you’re probably taking a standard deduction so it never matters.
Wow, old comment.
1099 is income, not a deduction.
That’s a good point.
Yep, kinda surprised me to be honest.