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Foster Introduces Legislation to Make Tax Filing Easier and Cheaper

Statement

Date: April 5, 2022
Location: Washington, DC
Issues: Taxes

Today, Congressman Bill Foster (D-IL) introduced the Autofill Act of 2022. The legislation would create a voluntary tax filing program to allow individuals to use a secure IRS website to download a tax form automatically populated with information the IRS already collects from employers, the Social Security Administration, and financial institutions. The information from the populated tax forms would be available as both a printable document file and a computer-readable file compatible with existing tax preparation software.

"Our tax code is complicated enough -- we ought to make it easier for taxpayers to access the information the IRS already has on file," said Foster. "This commonsense solution will help bring our tax filing process into the 21st century and save millions of Americans time and money."

According to a report by the Brookings Institution, a national pre-filled tax return program could save taxpayers $2 billion in fees and 225 million hours of time each year.


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