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FTC bans TurboTax from advertising ‘free’ services, calls it deceptive
(edition.cnn.com)
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this post was submitted on 23 Jan 2024
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This is something I don't get. I live in a "third world shithole" (Brazil). Annually, we have to fill online form (that already comes pre-filled), for most people there's a minimal amount of work involved. Only very rich people need accountants and stuff. Why the USA can't (or won't) do something like that is beyond me.
US Taxes can be very complex and the gov’t does not know ahead of time all the details.
However:
I’m not sure what’s missing to keep these from being simple and automatic for the majority: tipping income? State and local taxes? All the little nooks and crannies that make taxes complex are really not likely for most people.
I don’t know the limits are for TurboTax free filing but I’d expect most people to be able to now.
Actually, the standard deduction doesn't mean people can't itemize, it means it doesn't make financial sense to itemize. Itemizing is worse for them. If they want to itemize, they're still allowed to.
... At least that's what TurboTax and the other FreeFile program I used claimed.