On November 19, 2021, The IRS sent me a letter wanting to audit my 2019 tax -- disallowing the claim of MINIMUM TAX CREDIT (MTC) carryover from 2018 on Form 8801. They want to verify the eligibility of the MTC.
I trace the MTC carryovers all the way back to Tax year 2010.
The tax year 2009 has zero MTC carryforward to 2010 on its form 8801.
All of the sudden out of nowhere, the tax year 2010 has $70,950 carryover transferred from tax year 2009 on form 8801.
I believe this is a TurboTax software error.
As a result of the audit of my 2019, the IRS demands me to pay the tax due + penalty + interest. Furthermore, I anticipate paying back also to the state tax authority because of this error (currently I have not been contacted by the state tax authority yet).
I have to reply and resolve this issue with the IRS very soon.
I wish to inform TurboTax of this error and ask for a resolution of this matter.
I am willing to send you the tax data that I have for your review.
and please tell me what you need. I expect TurboTax to repay me back for the damages I suffer due to the error.
Please let me know soon.
David N.
Ph: [phone number removed]
email: [email address removed]
P.S. I am a loyal customer of TurboTax. I have been using TurboTax to prepare my tax over the years!
