Forgot Password?
News From: DomoNation
Domo Animation Challenge Winners Announced!
(click on the picture to end the suspense)

ELI5: Why don't they teach how to do your taxes (on a basic level) in public schools?

Wow, this went bigger than expected.

TL;DR: Everyone has to do taxes, even stupid people. You can incur legal trouble by not-doing or messing taxes up (unlike other basic skills). I think it would be prudent to at least have something in school saying "Hey, when you start making money you need to file taxes. This is when you file, here's some of the super basics and here's where to find any more information you may need."

I understand what a lot of people are saying about only needing to know how to read, write, and do basic arithmetic to do taxes. I guess I worded my question badly, as actually filling out the forms isn't what I find difficult.

The trouble I've had is knowing when to file, what forms to fill out, and what to expect/keep track of in relation to those things. I think it would be prudent to at least have a class saying "Hey, when you start making money you need to file taxes. This is when you file, here's some of the super basics and here's where to find any more information you may need."

It may sound stupid but I'm 24 years old and no one ever even told me I needed to file taxes. I figured it out myself but it seems kind of stupid to leave something that's required of everyone and can have serious repercussions if neglected up to chance like that.

Also, people keep comparing doing your taxes to stuff like cooking, cleaning, getting a loan, etc. I think this comparison is irrelevant in that you aren't required to cook, clean, get loans, or any of those other things. Yes, most people end up doing them, but the big difference in my mind is you will not incur legal trouble if you don't know how to cook or use a microwave.

And on that tangent, please don't try and claim that everything they teach in school is more relevant and essential than doing taxes. Please.

Edit: A lot of people are answering with the assumption that everyone works a normal job where they receive a W2 and the rest is mailed to their door. Firstly, I worked a normal job for a while and was never mailed or notified of anything. Secondly, I, and I assume many others, ended up doing stuff shortly after High School that wasn't standard. I ended up with a 1099 Misc. form with no idea what it was or what to do with it. I looked it up and figured it out, with some trouble, but that brings me to my next point:

To assume that all Americans are competent and willing enough to initiate and figure things out on their own is foolish and from a government standpoint is irresponsible. If they stripped the roads of speed limit signs and started handing out tickets we'd all be angry, and saying "Well any rational person with normal depth perception and reasoning should be able to figure out what the safe speed for this road is." wouldn't cut it. We understand speeding tickets because the Speed Limits are made very clear. In the same way, I think the basics of taxes, as they apply to everyone (smart, average, and stupid alike) should be made relatively clear.

Edit 2: TL;DR

submitted by munkindonuts to explainlikeimfive
[link] [1264 comments]


Check out Domo earth and find other Domo fans near you!
Forums
Domo Free Realms
Domo on Facebook
shop
Mobile
Meez
Onverse