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Level 2
posted Mar 20, 2021 8:50:56 PM

After federal filed and return accepted on Mar 13, recent TurboTax 2020 update says i have more for refunds federal and state, what ?!

I Hello,

 

I've been using TurboTax, oh, for >25 years.  This year 2020 seem to be, for what i can remember seem to be more finicky than any previous, eg. ESPP adjusted cost basis as an example.

 

Anyway, last week Mar 13, completed both federal and states, filed e-return for federal. Got notification saying federal has been accepted and i've been just waiting for refunds to be issued.

 

On Mar 13, the refunds shown by TurboTax 2020 were,

 

$5,786 (federal)/$572 (state)

 

With recent TurboTax 2020 updates in past few days, the refunds for the SAME returns are now saying,

 

$6,675 (federal)/$718 (state)

 

What ?!

 

I usually wait until close to Apr 15'th to file my returns, this year 2020 filing decided to go little sooner to see if i can get in for the 2020 covid stimulus check #3.

 

Anyway, what does this mean?  Do i need to file amends?

 

This is very confusing, as in my ~25 years using TurboTax, never have i come across this scenario.

 

Anyone run into this sort of situation?

 

Thanks.

 

 

 

 

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1 Replies
Level 2
Mar 20, 2021 9:42:10 PM

Root caused.

 

TurboTax 2020, you suck!

 

I filed, and then TurboTax 2020 in recent updates FIXED their ESPP cost basis bug !

 

I was able to get back to the original refund amounts by going back to the returns and removing the negative amounts in,

 

"An adjustment is required for a reason not already covered"   <<-------- this field was my workaround while this stupid TurboTax 2020 bug was present!

 

Comparing the form 8949 between filed and now/present, the numbers are still the same.  And has to, since this stupid TurboTax 2020 bug got fixed.

 

Urgh, TurboTax 2020 you suck!