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-square14fedilinkarrow-up10arrow-down10file-text
arrow-up10arrow-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-square14fedilinkfile-text
minus-squarejj4211@lemmy.worldlinkfedilinkEnglisharrow-up0·9 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-up1·3 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.
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.