If few of us can handle the math required for doing our own taxes , is this evidence that the education was poorly done or that the tax law is needlessly complex?
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I would say that the math needed to do all the 1040 forms I have ever done is mostly addition and subtraction, and looking up rates in a tax table. If I use any tax preparation program, I only enter numbers and do no math at all.
The most difficult thing might be calculating a percentage. There has been nothing on any tax form I have completed that has involved anything more difficult than 8th grade math. I have done my own taxes every year since I was 20, and have never been audited.
Once, I had an investment in a gas-drilling venture that involved a depletion allowance. The directions were vague, and there were two ways to do it. One way, I would pay $1.22 and the other way, nothing. I decided to take the nothing route, and apparently that was the way to go.
It was a $300 investment, and earned about $100 the first year, and much less for three following years.
Maybe I got it wrong, but I figured that the worst that would happen would be the IRS would send me a bill for the difference, and they didn't.
Getting all the work together is by far the hardest part of doing taxes. The math is simple.