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Level 2
February 4, 2022
Question

Does turbo tax automatically lie?

  • February 4, 2022
  • 2 replies
  • 18 views
Turbo Tax is lying on my behalf. I do not qualify even remotely for a business income deduction. Explain yourself.

2 replies

Level 15
February 4, 2022

No one else can see your screen or your tax return so no one has any idea what you are talking about.   Could you please be more specific?

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
VolvoGirl
Level 15
February 4, 2022

Did you get any K-1 forms?  Or it can come from dividends you entered like box 5.

ptx18Author
Level 2
February 4, 2022

Turbo Tax gave me a $1,124 Qualified Business Income deduction with no basis for it from anything I reported to them.I think they did it twice in this same return. Fraud on my behalf?

Alumni - Champ
February 4, 2022

Many owners of sole proprietorships, partnerships, S corporations and some trusts and estates may be eligible for a qualified business income (QBI) deduction. Did you enter income from any of those sources?   And a mistake does not necessarily equate to fraud.