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42Chunga
New Member

Turbo tax figured my tax wrong

2024 tax year. I have usually only have SS benefits plus interest income and don't pay have to pay taxes. For 2024 I also had capital gains (which were imported in so are correct). Turbo tax said I owed $583. I wrote a check. Recently I received a letter from the IRS stating I owed an additional$3,134.12 which includes $70.12 interest. I got an IRS agent on the phone (a minor miracle) and he reran my taxes and said turbo tax in wrong. I wrote another check.

 

So what gives? If I can't get an explanation as to this discrepancy then I can't trust Intuit and will never buy any of their products again (as well as leaving crappy reviews where ever I can).

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1 Reply

Turbo tax figured my tax wrong

What were the amounts of your proceeds and cost basis on your return?

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