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Originally posted by endisnighe
Balance I owe the IRS 25k.
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As Mr. Reid attempted to point out, the difference between the tax system in the US and that of many other countries is that, in the US, the law requires that its citizens file a tax return to report to the government the amount of tax owed; you are "volunteering" the information regarding the extent of your tax obligation.
Voluntary Income Tax
Definition: "A system of compliance that relies on individual citizens to report their income freely and voluntarily, calculate their tax liability correctly, and file a tax return on time," according to the Internal Revenue Service.
The income tax system is voluntary. That's because people are free to arrange their financial affairs in such a way to take advantage of any tax benefits. Voluntary does not mean that the tax laws don't apply to you. Voluntary means you can minimize your taxes by taking advantage of various deductions and tax credits.
Voluntary also means that you must tell the IRS what your tax liability is. And the only way to do that is to file a tax return.