Policy Impact Analysis - 117/HR/7428

Bill Overview

Title: Streamlining IRS Operations Act

Description: This bill requires the Internal Revenue Service to require that any tax return that is prepared electronically, but is printed and filed on paper, bear a code that can convert such return to an electronic format when scanned.

Sponsors: Rep. Porter, Katie [D-CA-45]

Target Audience

Population: Individuals preparing and filing tax returns

Estimated Size: 45000000

Reasoning

Simulated Interviews

retired (rural Ohio)

Age: 67 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 1.0 years

Commonness: 8/20

Statement of Opinion:

  • I always file my taxes in paper form because I don't trust computers.
  • I like having a physical copy of everything I do with my taxes.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 5 5
Year 10 5 5
Year 20 4 4

Accountant (Los Angeles, CA)

Age: 45 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 6/20

Statement of Opinion:

  • This could actually save me some time with data input next year.
  • I hope this encourages more clients to switch to full electronic filing.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 8 7
Year 5 7 6
Year 10 7 6
Year 20 6 5

Software Engineer (New York, NY)

Age: 39 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 0.0 years

Commonness: 7/20

Statement of Opinion:

  • This doesn't affect me since I already file everything electronically.
  • Seems like a smart step forward though for those who use paper.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 8 8
Year 5 8 8
Year 10 8 8
Year 20 7 7

Small business owner (Houston, TX)

Age: 52 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 3.0 years

Commonness: 5/20

Statement of Opinion:

  • I hope this helps make the process less confusing.
  • Technology can be challenging, but I want to get better at it.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 6 5
Year 5 5 4
Year 10 5 4
Year 20 5 4

Retired teacher (Phoenix, AZ)

Age: 73 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 1.0 years

Commonness: 4/20

Statement of Opinion:

  • I've always preferred paper, I guess this might speed things up.
  • I'm cautious about moving to more tech, privacy concerns worry me.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 5 5
Year 3 5 5
Year 5 4 4
Year 10 4 4
Year 20 4 4

Freelance writer (Chicago, IL)

Age: 29 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 0.0 years

Commonness: 8/20

Statement of Opinion:

  • Anything that reduces paper use is good in my book, but should have incentives.
  • I am all for policies that help people transition to digital.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 8 8
Year 5 8 8
Year 10 8 8
Year 20 7 7

Middle school teacher (Miami, FL)

Age: 60 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 2.0 years

Commonness: 7/20

Statement of Opinion:

  • I'm hoping this leads to a more straightforward process for my tax preparer.
  • Paper is nice, but not if it's more hassle. We'll see what they recommend.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 6 6
Year 10 6 6
Year 20 6 6

IT Specialist (Seattle, WA)

Age: 34 | Gender: male

Wellbeing Before Policy: 9

Duration of Impact: 1.0 years

Commonness: 6/20

Statement of Opinion:

  • This will help older folks I know who don't file all online.
  • Seems basic but could be quite useful for them.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 9
Year 2 9 9
Year 3 9 9
Year 5 8 8
Year 10 8 8
Year 20 8 8

Nurse (Dallas, TX)

Age: 58 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 2.0 years

Commonness: 6/20

Statement of Opinion:

  • Hopefully, this means less time dealing with paperwork in the future.
  • If it makes things easier, I'm all for it, but change can be hard.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 6 5
Year 10 6 5
Year 20 5 5

Tax lawyer (San Francisco, CA)

Age: 50 | Gender: other

Wellbeing Before Policy: 7

Duration of Impact: 5.0 years

Commonness: 5/20

Statement of Opinion:

  • If it reduces errors and speeds up processing, it's a win.
  • Complexity in filing needs to be addressed, and this seems like a good step.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 8 7
Year 5 8 6
Year 10 7 6
Year 20 7 6

Cost Estimates

Year 1: $20000000 (Low: $15000000, High: $25000000)

Year 2: $15000000 (Low: $10000000, High: $20000000)

Year 3: $10000000 (Low: $5000000, High: $15000000)

Year 5: $5000000 (Low: $3000000, High: $8000000)

Year 10: $2000000 (Low: $1000000, High: $3000000)

Year 100: $100000 (Low: $50000, High: $200000)

Key Considerations