this post was submitted on 30 May 2024
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[–] jj4211@lemmy.world 10 points 11 months ago (2 children)

Sounds like having any 1099 is 'too complicated'. So anyone with any sort of savings account that managed to get $10 of interest over a year... So if you have like a thousand dollars in a boring old savings account you are 'too complicated'.

[–] shimura@lemmy.world 1 points 11 months ago

Yep, kinda surprised me to be honest.

[–] Willy@sh.itjust.works 1 points 2 months ago (1 children)

Not really. If you are filling out $10 1099s you’re probably taking a standard deduction so it never matters.

[–] jj4211@lemmy.world 2 points 2 months ago (1 children)

Wow, old comment.

1099 is income, not a deduction.

[–] Willy@sh.itjust.works 1 points 2 months ago* (last edited 2 months ago)

That’s a good point.