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To: Gaffer

Don’t worry, I am not insulted but I do taxes and I am interested in the accuracy of information posted on FR.

If you really want to link “societies’ burdens” with tax forms, then it is the 1040A or even the real “long form,” the venerable 1040 itself, that most would use. Those are the only forms that support all the various child tax credits, and the big dollar value EITC. EZ filers (single, no kids), their EITC caps out at 14K income which is chump change).

Some will go as far as to gin up a 1099 misc to claim small business income to place themselves at the top of the EITC curve. Others will “trade” kids since more than 3 do not increase the Federal goodies that come at tax time.

No, those gaming the system will use the more complicated forms to be sure and claim “everything that is coming to them.”


53 posted on 08/11/2013 9:00:38 AM PDT by NonValueAdded ("When there is no penalty for failure, failures proliferate." George F. Will)
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To: NonValueAdded

Go look at line 8a of the 1040EZ. You can get EITC on that form. I’ve been to WM and other box stores where H&R Block, Jackson/Hewitt, and other tax companies are grabbing EITC filers consistently during tax time. Most of them print out the 1040EZ for the EITC filers.


57 posted on 08/11/2013 9:13:41 AM PDT by Gaffer
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