I just performed a test and TT has not corrected the bug despite their assurances that they would do so for this tax year.
The error is order dependent.
To trigger the error first I import the dividend information from the first financial institution owned by the spouse.
Then I import the data from second financial institutions dividend information, which is owned by the taxpayer.
The dividends owned by the “Spouse” must be the first file imported. This is what triggers the error.
This erroneously doubles the amount in the spouse’s column and zeroes out the amount in the taxpayer column.
So, on Mo line 8a the proper deduction is erroneously doubled in the Spouse’s column and the taxpayer‘s column is zeroed out.
If you import dividends from another financial institution owned by the “taxpayer” with government obligations it triples the error.
I believe if you had 10 financial institutions it would multiply the spouse’s column buy 10 x the proper amount. The actual amounts in the imported data from the “taxpayer” is irrelevant, it zeroes them out in the taxpayer column and multiplies the amount in the spouse’s column by however many financial intuitions you import data from. Import data from ten financial institution and you get 10x the error.
I went back and forth with them for months and despite TT assurances they did not fix the bug.
Each time I had to demonstrate the error and was told they would pass it on to the development team and correct it.
The development team corrected the error if you entered the data manually but not if it was imported.
I repeatedly emailed them and was told it would be addressed for 2024.
I am thinking of just reporting it to the Mo Attorney General’s Office since Mo is the one being shortchanged by a false deduction and TT appears not to be willing to devote resources to correct it.
It passes all of the TT error checks and the electronic file is submitted to Missouri as a valid return. The bug has now been there for at least 4 years.
