Today, Explained
Making taxes less taxing
Apr 1, 2024
Dylan Matthews, a Senior Correspondent at Vox with a focus on tax policy, dives into the complexities of the new IRS Direct File program. He discusses how political beliefs shape public perceptions of the IRS and critiques the mixed reactions to this initiative. The conversation highlights the program's design, challenges it faces for adoption, and historical attempts at similar software. Matthews also sheds light on the Inflation Reduction Act's impact on enforcement and the controversy around simplifying the tax-filing experience.
25:39
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Quick takeaways
- IRS Direct File simplifies tax filing for 19 million taxpayers with straightforward interface.
- Direct File software excludes complex tax situations but aims to enhance user experience over time.
Deep dives
Direct File: A New Tax Filing Program
The IRS has introduced IRS Direct File, a new program available in 12 pilot states, enabling taxpayers to file their returns directly with the IRS online for free. With an emphasis on simplicity rather than gamification, the software offers a professional and straightforward interface resembling TurboTax but without the financial incentives to increase refunds prematurely. The program, part of the Inflation Reduction Act, aims to streamline tax filing for over 19 million taxpayers, especially those in states like California and New York.
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