IRS: Two million taxpayers will be laid off in 2016
- admin
- November 6, 2015
All thanks to the new tax reform.
Starting next year, about two million taxpayers will not be forced to give statements to the IRS tax authorities. This is because the new tax reform spread out the minimum income to present value.So far, workers against another and pensioners with annual incomes greater than 4,104 euros had to declare income. The new law, which extended this amount to 8,500 euros, means that there is more two million workers ‘exempt’ to deliver the IRS returns.
Also out of obligation are people with incomes of isolated acts of value below the four indexed social support, ie 1676.88 euros per year.
According to the Daily News, the exemption does not cover people benefiting from maintenance payments of annual amounts exceeding 4,104 euros (equivalent to 342 euros per month).
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