NBER paper: Each year Americans spend over two billion hours and $30 billion preparing individual tax returns. Between 41-48% of the tax returns could be pre-filed by the IRS by simply using information that the IRS already has: current-year information returns (e.g. Form W-2) & prior-year's return.

Facial Recognition Plan from IRS Raises Big Concerns

Using tax return data from the IRS, researchers find that higher levels of student debt tends to be associated with lower levels of community well-being. Specifically, lower rates of home ownership, higher rental market stress, lower rates of entrepreneurship and poorer health behaviors.