- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
@aysoref I think your hypothesis as to how this ill thought out code came about is spot on. I get that TT would want to simplify things for the average user and help them not make mistakes. But I highly doubt they would reimburse someone for overpaid tax who duplicated a 1099 import. They would however recommend an amended return / refund, which the taxpayer would be entitled to.
I would have to imagine there are thousands, if not tens of thousands of users who are flummoxed by not being able to download a 1099 that they legitimately need to pull into their return -- particularly for married filing joint folks where both taxpayers have separate accounts at the same brokerage. This is very common. I would recommend they code a warning, along the lines of "We see that you have already downloaded one or more tax forms from this financial institution. Please review to ensure you are not duplicating previous entries. Do you wish to proceed?"
I really hope they can get a fix in quickly. No one wants to manually enter their asset sales, line by line.