I have financial POA for my mother so her accounts and tax documents appear when I log into my Schwab account. This presents a problem when I import my tax documents into TurboTax. TurboTax is importing ALL the tax documents (mine and my mothers) into my taxes even though my mothers tax documents are clearly not in my name. My solution was to delete my mothers imported tax documents in TurboTax. Can we get TurboTax software to handle this properly and only import tax documents in my name? This is a problem for anyone that is a financial POA for another person with Schwab (and maybe other brokers).
I was startled when TurboTax showed I had underpaid my taxes by a large amount! As I investigated I realized TurboTax was adding my mom's imported 1099's into my taxes on top of my own.
