Updating turbotax 2016 to 2016
So, amidst the confusing revenue lingo and Wite-Out smudges, be sure to bookmark this page so you can check back later; we'll be adding even more of this year's Tax Day freebies and deals in the coming days.There are some other ancillary benefits of filing sooner like less chance of security issues with someone else filing falsely on your behalf but for most people they are dependent on their employer(s) to provide tax documents like W-2’s before they can file.I explained the problem and where the ,000 needed to go.Granted, she wasn’t going to get that big refund she was expecting, but her return would have been right.I asked her, “Why didn’t you change it like I told you to? Dealing with that problem: First, you need to know that “Turbo Tax wouldn’t let me,” is not an acceptable excuse in Tax Court.Second, one thing that Turbo Tax does well is that they have real people who can answer your questions.The IRS expects to receive more than 150 million individual returns in 2016, with more than four out of five being prepared using tax return preparation software and e-filed.
She had received a notice from the IRS stating that she wasn’t allowed to claim that ,000 tax credit I had warned her about.
So when I title this blog post as “Problems With Turbo Tax”, you’re not going to find an exposé of all things bad with the company.
This is just a heads up for people using the number one tax software in America.
Laws enacted last year change the standard FBAR due date to "tax day" (vs June 30th as in years past).
No extensions are allowed and forms must be filed electronically.