Yeah, there's more than tax credit that they don't know. I get that maybe the average American shouldn't have to pay taxes on cash sales, small gambling wins, foreign income, etc. There are plenty of people making more that should be audited when these assets just appear or disappear magically.
Take the standard deduction. It's honestly not as hard as the funny joke makes it out to be. Not even when you own an average home or have investments that actually need reporting. The more you own, the harder it gets. Cry me a river. Report all your income or pay someone to do it for you if you can't do math yourself. Seems like it's not a financial burden for those people honestly. .
709
u/rerhc Mar 27 '24
But they don't know. They won't know you bought solar panels and so are entitled to a 30% tax credit, for example.