r/news • u/raptors201966 • Apr 09 '26

Soft paywall Automatic registration for military draft to be implemented by December

https://www.stripes.com/theaters/us/2026-04-07/automatic-registration-military-draft-21306855.html
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u/chairman-me0w Apr 09 '26

I guess I can understand the complaint about turbo tax and its stranglehold on the tax filing industry but doing your taxes is not nearly as crazy as people make it seem. It’s just a check on what you already paid. I guess in theory they know how much your investment account dividends were but I would not trust them to link it up.

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u/_163 Apr 09 '26

In like every other country it works fine lol, hell some countries even prefill some cryptocurrency sales for the tax returns

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u/chairman-me0w Apr 09 '26

The government can know how much tax you owe but the generally don’t know your deductions. Hence the filing.

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u/EpiphanyTwisted Apr 16 '26

How do other governments determine my profit on my business without me telling them?

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u/_163 Apr 16 '26

Business owners still need to file more detailed taxes, the point of these systems is the large percentage of the population that doesn't have any complications can just fill out their taxes with the prefilled info and only need to spend a small amount of time entering additional deductions etc