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  1. #1
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    Turbo Tax rant..

    Sorry not cycling related.

    According to the IRS my tax refund had to be reduced because of a miscalculation, "We changed the amount of the recovery rebate credit you claimed on your tax return because the amount entered was computed incorrectly."

    Turbotax did my taxes!!! They are going to be getting a nice letter from me and better refund their fee. FWIW it wasn't a tough return either.

    This will also throw up a red flag for future returns since it looks like I was trying to cheat the system! Maybe I should run for a position in Obama's staff.

    I am pissed.
    Last edited by Meek; 02-05-09 at 06:45 AM.

  2. #2
    Senior Member DieselDan's Avatar
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    Didn't the new Treasury Secretary blame turbo Tax for non-payment of taxes that almost cost him Senate approval?
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  3. #3
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    Quote Originally Posted by DieselDan View Post
    Didn't the new Treasury Secretary blame turbo Tax for non-payment of taxes that almost cost him Senate approval?

    Sorry, so pissed right now, can't tell obvious sarcasm from truth

  4. #4
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    Quote Originally Posted by Meek View Post
    Sorry not cycling related.

    According to the IRS my tax refund had to be reduced because of a miscalculation, "We changed the amount of the recovery rebate credit you claimed on your tax return because the amount entered was computed incorrectly."
    Turbotax did my taxes!!! They are going to be getting a nice letter from me and better refund their fee. FWIW it wasn't a tough return either.

    This will also throw up a red flag for future returns since it looks like I was trying to cheat the system! Maybe I should run for a position in Obama's staff.

    I am pissed. :notamused
    :
    No. You did your taxes using Turbo Tax software.
    You're just trying to start an argument to show how smart you are.

  5. #5
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    Turbo Tax online deluxe.

  6. #6
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    Have you updated your version of the program before filing?

    I have it installed, but just received 5 different subject updates all dated 2/02/2009. I have never filed early with this application because the final product often is not ready until end of January.

    HR Block rep told me the same thing, their software final updates are not usually completed until the last week of January, as last minute changes are made by the IRS each year.

    I am sorry to lern of your issue, and sincerely hope it was not a major $ impact.

    Best wishes.

  7. #7
    Downtown Spanky Brown bautieri's Avatar
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    This is why I do my taxes the old fashion way, silly green visor and all. It's really not that hard if you have any type of reading comprehension. Sorry to hear about your trouble but be civil with the turbo tax folks, you'll catch more bees with honey.

    Course this year I admit I am going to pay someone to do my taxes due to a change in marital status and purchasing a house.

  8. #8
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    Quote Originally Posted by bautieri View Post
    This is why I do my taxes the old fashion way, silly green visor and all. It's really not that hard if you have any type of reading comprehension. Sorry to hear about your trouble but be civil with the turbo tax folks, you'll catch more bees with honey.

    Course this year I admit I am going to pay someone to do my taxes due to a change in marital status and purchasing a house.
    I will be civil with my letter. I am just upset and very stressed out because I have been unemployed for some time and needed every penny. I've cashed out my 401k, depleted savings accounts, sold stuff on eBay etc. Then to be told I was going to get some real $$ so I could pay bills etc and then have it knocked down upset me plus turbotax said I should expect my money Jan 30th, still don't have it. I know the knocked down number is probably right, but still the online(!) turbotax software should be bug-free.

    I also find it hard to believe that I can't get an interview for ANY job ($10 an hour to 120K) in spite of having global managerial experience at small, med and large firms plus an MBA. I've applied for govt jobs too, but I get responses saying they didn't even review my application because there are so many veterans and wounded veterans that have preference over me. While I respect that they have served in the military I still do not see how this is not discriminating against me. I thought equal opportunity was that everyone gets a fair chance and cannot be discriminated against for whatever reason, not that you get special preference because of this or that over me... sorry going into new rant...

    I need to go to the gym to release some frustration. Think I might lift heavy today!

  9. #9
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    Quote Originally Posted by Meek View Post
    but still the online(!) turbotax software should be bug-free.
    Sorry you are going through all that. Good luck in finding a job soon.

    Tax software is extremely difficult to be error free so early in the year. Congress always makes some last minute changes in tax laws. This past year the bill didn't go to the President for signature until Christmas time. Both Turbotax and H&R block as well as others constantly send out updates to correct bugs. But it's not possible for any software company to accomodate new tax changes, test, and distrubute software in such a short time and have it 100% error free.

    Hopefully the amount you aren't getting back isn't huge.
    You're just trying to start an argument to show how smart you are.

  10. #10
    50000 Guatts of power 127.0.0.1's Avatar
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    Quote Originally Posted by Meek View Post
    Turbo Tax online deluxe.

    what part about reviewing your return before transmitting to the IRS do you not understand ?


    and the part about ex-military having preference for govt. positions ? that is not discrimination...
    that is the govt. recognizing we veterans put our lives on the line for the US Govt, and that gives us
    the equivalent of tenure. Citizens with advanced and specific skills can still get those jobs.
    Last edited by 127.0.0.1; 02-05-09 at 08:36 AM.
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  11. #11
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    Quote Originally Posted by 127.0.0.1 View Post
    what part about reviewing your return before transmitting to the IRS do you not understand ?
    Are you talking to me? Turbotax checks it for errors and it came back error-free. Do you expect me to re-do the entire return to double check it? Why would turbotax exist then?

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    Quote Originally Posted by Meek View Post
    Sorry not cycling related.

    According to the IRS my tax refund had to be reduced because of a miscalculation, "We changed the amount of the recovery rebate credit you claimed on your tax return because the amount entered was computed incorrectly."
    Before we get too excited, how much money are we talking about?

  13. #13
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    Quote Originally Posted by Richard_Rides View Post
    Before we get too excited, how much money are we talking about?
    Over a G.

  14. #14
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    Quote Originally Posted by Meek View Post
    Over a G.
    That's a lot. Ok, let's get excited.

  15. #15
    Thread Killer evblazer's Avatar
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    I'd be very suprised if turbotax doesn't have a warning when you file early to the effect that not all changes have been made and filing early may result in changes to your refund or amount owed.

    Turbo tax (or the other tax software) got some bad press last year when it most folks who many who used it ended up getting a check stimulus check rather then direct deposit. I almost thing the IRS purposely does stuff to screw over people who use that software.

    It is very unfortunate that you got affected though but reinforces my lazyness method of filing at the last minute

    Edit: Wasn't the recovery rebate only for folks who didn't get the full stimulus earlier this year? Did Turbo Tax allow you to claim the full thing even though you got the stimulus or something. Just don' want to make the same mistake it let you do..

  16. #16
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    Quote Originally Posted by Meek View Post
    I also find it hard to believe that I can't get an interview for ANY job ($10 an hour to 120K) in spite of having global managerial experience at small, med and large firms plus an MBA.
    Same here, minus the MBA.

    No one is hiring, and yes understand the importance of making value of each penny last for purpose of keeping current with responsibilities.

    Sorry to have learned on your difficulties with the Tax Software and it should provide a flag to others that these types of applications are not error free.

    All the best, and never, never, never ever give up.

  17. #17
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    Quote Originally Posted by evblazer View Post
    I almost thing the IRS purposely does stuff to screw over people who use that software.
    How would the IRS know how the information is compiled. I always file hard copy via USPS, but if efiled, does that not pass through a service.

  18. #18
    Thread Killer evblazer's Avatar
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    Quote Originally Posted by bab2000 View Post
    How would the IRS know how the information is compiled. I always file hard copy via USPS, but if efiled, does that not pass through a service.
    I didn't mean to say they look at a return and go turbotax user ok screw up their return what I meant is they always seem to make wide impacting decisions/changes that seem to adversily affect people use use the tax planning software.
    Between all the really really late changes that you don't get updates till really late into filing season and the whole thing last year with people who efiled through one of the tax softwares having to wait months to get a hardcopy even through they used direct deposit/debit because of how the efiling was done they aren't being very new technology friendly.

    I hope if nothing else the OP can get turbotax to take the blame so they don't get red flagged for life.

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    Quote Originally Posted by Meek View Post
    I also find it hard to believe that I can't get an interview for ANY job ($10 an hour to 120K) in spite of having global managerial experience at small, med and large firms plus an MBA.
    I dropped out of school in the 8th grade, never attended even one day of high school and make $100,000+ a year. The construction business been bery, bery good too me. These days, being self employed is the only way to go.

  20. #20
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    Quote Originally Posted by Meek View Post
    Sorry not cycling related.

    According to the IRS my tax refund had to be reduced because of a miscalculation, "We changed the amount of the recovery rebate credit you claimed on your tax return because the amount entered was computed incorrectly."

    Turbotax did my taxes!!! They are going to be getting a nice letter from me and better refund their fee. FWIW it wasn't a tough return either.

    This will also throw up a red flag for future returns since it looks like I was trying to cheat the system! Maybe I should run for a position in Obama's staff.

    I am pissed.

    If you did not enter the correct amount of the "Stimulus" check that you recieved in the spring/summer of 2008, the software will try and add it to your refund (as a refundable credit.) If the IRS sent you a check in 2008, and you are trying to claim it when you file (because it was not entered as recv'd), the IRS will adjust your refund (or amount due) and send you the letter of which you speak. ( I'm a "Tax Specialist" with one of the major tax preparation firms.)
    This is quite common this year and the IRS has set up a website to check the amount they sent you in 2008 so that you can file correctly.
    http://www.irs.gov/individuals/artic...185471,00.html
    Last edited by Bone Head; 02-05-09 at 11:08 AM. Reason: Added IRS link
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  21. #21
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    Quote Originally Posted by bautieri View Post
    This is why I do my taxes the old fashion way, silly green visor and all.
    you crack me up!
    You're only given a little spark of madness. You mustn't lose it. - Robin Williams

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    Remember, hard work pays off later but procastination pays off now!

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  22. #22
    50000 Guatts of power 127.0.0.1's Avatar
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    Quote Originally Posted by Meek View Post
    Are you talking to me? Turbotax checks it for errors and it came back error-free. Do you expect me to re-do the entire return to double check it? Why would turbotax exist then?

    umm, yes. if money is your concern, and it seems to be....
    you should double-check government paperwork, especially when the agency at hand, the IRS,
    can swoop in and take money from you if they feel a need to.


    turbo tax is no substitute for reading the IRS tax code and filling in the forms correctly.
    it is pretty damn good, but even Turbo Tax warns you -several times- that this is the last
    chance to check your return, before you send it.
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  23. #23
    The Site Administrator: Currently at home recovering from a couple of strokes,please contact my assistnt admins for forum issues Tom Stormcrowe's Avatar
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    Normally, I'd move a thread like this to Foo, but I think you wanted to post this among friends.

    As to a red flag by the Infernal Revenue Service? No worries, they'll write it off to an honest mistake since it was found before payout. These things happen. The only way you'd get flagged is because of a pattern of this type of thing. They can probably even look and see the error is repeated by many folk in exactly the same way it happened to you, so that will tend to make them look more at Turbotax than you directly.
    on light duty due to illness; please contact my assistants for forum issues. They are Siu Blue Wind, or CbadRider or the other 3 star folk. I am currently at home recovering from a couple of strokes. I am making good progress, happily.


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  24. #24
    Senior Member deraltekluge's Avatar
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    The IRS site, itself, doesn't have this particular item sorted out...they have links that go nowhere, and say essentially, "Sorry, that information is not yet available". How would you expect TurboTax to get it right if the IRS doesn't know how to deal with it?

    For those who don't know, the item under discussion is an adjustment to last year's give-away of $600 or $1200 (plus $300 per child) that we received. If they underpaid you last year, you can get the difference this year.

    http://www.consumerismcommentary.com...rebate-credit/

    According to the Internal Revenue Service, 15% of 2008 income tax returns that have been filed already have errors involving the recovery rebate credit. Here is what the government wants you to know...

  25. #25
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    Thanks Tom.
    FWIW My brother went to Purdue for many many years.

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