alt Hacker News"The VAT return prepared by the model was essentially correct: the most important number in the return, which is how much VAT the company was owed by the tax agency, was off by only 7 pence relative to the human-prepared return."
I don't know how taxes work in Europe, but in the US being "essentially" correct is not good enough for the IRS.
The paragraph after this one goes on to explain other mistakes the LLM made? Yikes
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> I don't know how taxes work in Europe, but in the US being "essentially" correct is not good enough for the IRS.
It often is. On multiple years they've found errors in my return, and they just fix it for me and bill/refund the difference (usually a refund).
And obviously, the IRS is not going to quibble over 7 pence, given that you round up/down to the nearest dollar anyway.
The accounting concept of materiality doesn't exist in the US? What about petty cash?
Ask most people in the US how they file their taxes, most will probably tell you they clicked around turbotax until the biggest return number showed up. Is that indicating correct tax filing? I'm not sure. I would guess not.