Make me feel better about messing up my tax returns for the past 3 years and realizing today I owe the IRS. What’s the most you owed or saw someone owe after a mess up using the supposedly foolproof Turbotax?

likefunny
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What the IRS doesn’t know can’t hurt you

funnylikeuplifting

TurboTax is usually good but it’s only as good as the data. Was the mess up because you didn’t provide correct/all the proper info?

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Yup. It was my mistake. The googling didn’t help as much as I’d thought. Our countries do taxes differently and the TT user friendly walk thru wasn’t as efficient for me foreign self haha

What was the error

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I owed $60k last year due to a stock grant vesting (not including what my employer already withheld)

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I have seen that happen when the basis wasnt figured correctly.

I owed $30k one year due to wrong withholding on my bonus

And I’m worrying for owing the IRS $6,000 from last year 😮‍💨

penalties and interest accrue daily.

95% of my clients come to me after someone else screws up their taxes so you should consider yourself lucky, Be sure they were prepared correctly and you can always amend the return. Hope this helps

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