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[Analysis] This Is How We Finally Kill Turbotax
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What a backward system we have in filing taxes. Explaining the system to teenagers makes me apologize to them for how stupid the system is. Hope to see more progress in this goal.
The fun part is explaining to all your European friends that you still not only have to file tax forms, but also have to report to Uncle Sam exactly how much money is in your European bank account year after year even if you’re settled abroad, married with kids, and haven’t set foot on American soil in over a decade. If you forget to report and they catch you, they just get to take it.