my cpa friend says turbo tax misses stuff like NOL - possible?

[Mike9241]

True. there are certain things Turbotax does not calculate and one of them is if you have an NOL. Turbotax asks if you'er at-risk/have basis for partnership and S-Corp losses which it will limit provided you provide the numbers to do the calcs. certain other items/questions you'll see with "*" which means they are not provide for in the app

[AmeliesUncle]

Yep, there are A LOT of things it does not do, misses or is incomplete.

For 2024, there is a list of 17 pages of "unsupported calculations", although there are lots of other things that are NOT on that list that are problematic in TurboTax.

https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-product-orders/personal-individua...