this post was submitted on 27 Nov 2025
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You Should Know

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[–] quick_snail@feddit.nl 4 points 1 day ago (2 children)

In my experience, poor people gamble a lot. I've never seen a rich person buy a lottery ticket

[–] Hathaway@lemmy.zip 4 points 1 day ago (2 children)

That’s the point. Poor people gambling can’t write off their losses on taxes. Well, they can, just only up to 90%. Rather than all of it like it has been.

[–] quick_snail@feddit.nl 3 points 1 day ago (3 children)

Pretty sure poor people don't have enough money to hire someone who can write off losses

[–] Hathaway@lemmy.zip 2 points 1 day ago (2 children)

It’s not hard to file taxes. Especially for an individual, with a normal W2 income, and not much else. Certain people try to make it hard, but it’s not.

I don’t need to pay someone to put a number on a form.

[–] toddestan@lemmy.world 5 points 1 day ago

Most poor people probably just take the standard deduction anyway. It's not like they have enough money to accumulate a large amount of deductible expenses anyway. Possible exceptions might be large medical expenses or a mortgage.

[–] quick_snail@feddit.nl 2 points 1 day ago

The rest of the world: nah, its insane and difficult that you have to file taxes

[–] burgermeister@sh.itjust.works 2 points 1 day ago (1 children)

Anyone can write off stuff on their taxes. It's pretty easy actually.

[–] Pyr_Pressure@lemmy.ca 5 points 1 day ago (2 children)

I'm always terrified to write stuff off because I fear I will accidentally write something off that I'm not really allowed to due to some obscure legalese and then I will get audited in 5 five years and owe 10 grand in late fees and interest or some shit.

[–] burgermeister@sh.itjust.works 2 points 1 day ago (1 children)

I too get nervous every time I do my taxes but I figure if I'm honest about it they'll forgive most mistakes

[–] Delphia@lemmy.world 3 points 1 day ago* (last edited 1 day ago)

In most countries for average people if you can make a convincing argument about why you thought it would be allowed and can argue it with a straight face they arent interested in nailing you over it because it isnt worth their time.

I asked my accountant "Hey, when I take sick leave at work and I have to get a doctors certificate to get paid for those days, does that make the doctors visit a work expense?"

He said "Thats a legitimate enough argument that if you want me to I'll put them on your return. Dont know if it would pass an audit but the reasoning is solid"

[–] AA5B@lemmy.world 2 points 1 day ago (1 children)

It’s not too bad as long as you’re not a dick about it. One year I marked myself as head of household instead of single. I’m not even sure why I did it. I only thought “huh, this saved a lot on my taxes”, and really had no idea what I was doing. They sent back a correction and how much i owed. I paid and that was it. Not scary at all.

Of course in today’s world all about spite and punishment I could imagine it being much worse

[–] HeyThisIsntTheYMCA@lemmy.world 1 points 1 day ago (1 children)

Yeah, I'm a sane world you just get a letter explaining where they think you made a mistake, and you can either pay the difference or provide evidence your position is correct. All done by mail.

[–] AA5B@lemmy.world 2 points 17 hours ago

And before anyone thinks we should try the new irs now that auditing and collections have been purged, that won’t work for us. The vast majority of us have long since faced automated auditing. The computers are still there.

It’s only the wealthy with vastly more complex tax situations requiring teams of auditors to look at, that now have more opportunity to cheat on their taxes

[–] some_kind_of_guy@lemmy.world 2 points 1 day ago

They don't make enough to itemize in the first place, they'll just take the standard deduction. (Unless they lost like $20k on scratchers somehow)

[–] AA5B@lemmy.world 1 points 1 day ago

Does it require them to itemize? Most cant

[–] IronBird@lemmy.world 3 points 1 day ago

rich people gamble plenty, they just call it investing and get way more tax write offs for doing so