Professor Elam

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Why Do We Have to File Tax Returns

Wed Feb 16 2022

The IRS already has your W2, 1099s, and now stock trades, so why do we have to do that again?

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2 responses to “Why Do We Have to File Tax Returns”

  1. David Marquez Avatar
    David Marquez

    Because…currently, it is Federal law.

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  2. Dennis Elam Avatar
    Dennis Elam

    Well yes but it would save immense amounts of time and money if the IRS used the information it has to do so, send to taxpayer and if no disagreement, that return is now filed

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