Just read thru the previous blog RE: ACA tax credits ... well it's Tax Day - May 15, 2021. I too was affected by IRS Act. I filed my 2020 tax return on April 6 totally unaware of the Tax Act and its impact on my taxes. SHAME ON Turbo Tax for not notifying us self-tax preparers that there might be a snafu. If software needed to be updated, they could have notified us to delay tax filing since we had till today to file.
So although my online return shows a REFUND, my filed return showed a TAX DUE. Sure enough, the IRS deducted the tax due making my checking account overdrawn. I read the IRS press release which clearly said to NOT file an amended return NOR notify the IRS as they will correct the issue. So I FOLLOWED the guidelines !!
Turbo Tax YOU FAILED ... to communicate and correct the filing before it wreaked havoc on my checking account !! I am SO DISAPPOINTED... Will the IRS correct the issue? WHAT ARE MY NEXT STEPS ???
