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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: J_F_Shepard who wrote (470760)	4/11/2009 9:30:02 PM
From: i-node	Read Replies (1) \| Respond to of 1575596

But I am sure they constitute a small minority of the sub 250K types.... Not at all. IN 2006, 61% of taxpayers felt it necessary to hire a paid preparer to do their taxes. Only 9.5% were NOT computer generated returns, so 90.5% EITHER purchased computer software or hired a paid preparer to do their returns. Obviously, most people feel their returns are too complex to do without assistance from either a paid preparer or computer software. In 2006, there were over 22,000,000 returns filed with nonfarm sole proprietorships -- schedule C (and SE). Plus about 1.5 million schedule F (farm) returns (which, of course, have an added level of complexity due to farm accounting rules). These taxpayers do or at least SHOULD hire a paid preparer. Few of these 22M tax returns are simple enough that a nonprofessional preparer is apt to get it right -- in fact, this would usually be limited to those who file a C solely to report a 1099MISC without expenses. I would point out that your own Treasury Secretary BELIEVED he could handle it and totally blew it, then cheated after being caught. Also in '06, 46.48% of returns filed claimed EITC (that's welfare, for those of you who are clueless). As I said, you are beyond clueless on this subject.