15,000-19,999 SparkPoints 19,377

UGH! Turbotax

Thursday, April 05, 2012

I spent much of Sat and part of Monday doing my taxes with Turbo tax, finally finished and e-filed on Tuesday. My printer was out of ink, so I just trusted its accuracy. Got a cartridge and printed my returns, only to find TT had DOUBLED some of my income. Aargh! The return was e filed but not acknowledged by IRS. Now I must amend the federal return but can't amend till they say it was received. Luckily(?) I was going to file my TT-prepared state tax by mail. The same error was on the state forms, so I reprinted blanks off the state tax website and had to re-do two of them by hand. Lucky I did, cause I found another major error. TT had not allowed a credit for my retirement contribution. Doing this was a pain in the neck, but I increased my state refund by about $400. The income error may have been my fault by choosing the wrong name from their list, but no edit for two identical amounts being counted for the same type of income. The retirement error was TT, they got my W2 by my employer's tax ID. After all that, I decided to check last year's return, and sure enough, the income error is there too, I have not yet checked my 2010 state return, but the income mistake was carried over to the state taxes this year, so probably both mistakes are on last year's as well. It is very annoying to pay $80. for a tax program that guarantees accuracy, only to have to re-do half of your taxes by hand, Now I have to amend both my State and Federal taxes for 2010. It appears I can do that through TT, but I don't know how user-friendly the process will be. Not how I planned to spend my weekend. Wish me luck! emoticon
Share This Post With Others
Member Comments About This Blog Post
    Good luck :)
    3319 days ago
  • Add Your Comment to the Blog Post

    Log in to post a comment

    Disclaimer: Weight loss results will vary from person to person. No individual result should be seen as a typical result of following the SparkPeople program.