4 ms·
My taxes have been getting more complex every year, and after this year I no longer trust TurboTax. There was a situation where Turbotax did not recommend a ta
by gtop3 3y ago
My taxes have been getting more complex every year, and after this year I no longer trust TurboTax. There was a situation where Turbotax did not recommend a tax form to me, despite me answering questions in such a way that it was clear the tax form would have been impactful and applicable.
After I filled out all of the tax information my taxes were clearly off many thousands of dollars. I had to review my tax forms, do research, talk to an accountant, and then specifically request a tax form number in the help bar of TurboTax.
- LVB 3y agoI don't trust anyone! TurboTax gives me one number, my accountant gives me another, and my by-hand version is yet another that my accountant comes around to eventually. The sad part is that each party is figuring out something unique that the others didn't because it is all so complex. Each route prompts different questions, which, together, make things more accurate. I hate it.
- pcurve 3y agoNot only turbotax, but sometimes your brokerage firm (in case Fidelity) screws up calculating exercising options. I would've owed $20,000 more in taxes because the software failed to account for the amount that was already withheld.