CRITICAL NOTICE Regarding Your 2020 TurboTax Returns, you have reported the cost basis of your Employee Stock Purchase Plan sales incorrectly

Forum|Forum|4 years ago
January 21, 2022
1 reply
19 views

Did everyone got this e-mail?

If not then how does TurboTax know to send this to select few?

Paranoid? Or, is Turbo Tax snooping at our returns?

As far as this software bug, EVERYONE knew but Turbo Tax only fixed AFTER the Apr 15 filing deadline.

TurboTax Home & Biz Windows

RobertB4444

Level 15

This email went out to everyone flagged by the TurboTax software as potentially effected by the error. It doesn't know for sure whether the error caused a problem for you, only that you used the forms and calculations that were involved.

It sounds like you were aware and on top of the issue at the time so it may not apply to you but there are folks who had no idea whether the calculation was incorrect when they used it initially.

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itrmt8372Author

Level 2

How?

How does Intuit even know that i'm at (potential) risk to even flag me?

Intuit should not be using my TurboTax tax preparation data for any sort of analytical work, as stated clearly on their privacy document. They may for other Intuit products, but NOT for TurboTax product.

Right?

And yes, correct, i had posted my experience last year in following discussion, where i documented what i had to do to manually workaround the software bug,

https://ttlc.intuit.com/community/after-you-file/discussion/re-after-federal-filed-and-return-accepted-on-mar-13-recent-turbotax-2020-update-says-i-have-more/01/2115746#M539348