A notice from the IRS
or a state would usually mean one of several things:
1. The Turbotax software
made an error,
2. The issuer of an
information return such as a Form 1099 issued one with incorrect information,
3. The IRS or state made an
error in processing the return, or
4. The Turbotax user
entered incorrect or incomplete information or did not answer questions
correctly.
The Turbotax accuracy guarantee covers any
additional interest or penalties that you would incur, but only due to the
first type of error. To submit a claim, see these instructions: https://turbotax.intuit.com/support/accuracy-guarantee/?_requestid=113272
(Note - the Turbotax accuracy guarantee does
not include your liability for taxes that you would have paid anyway if the
return had been correct.)
