I have done taxes for many clients for over forty years.
One of my clients decided to try Turbo Tax to save money.
For 2020 all of his income was from California EDD (unemployment) and Social Security.
I knew that he would owe Zero taxes for his California State Tax as neither one is taxable to the state.
When he entered his info. TurboTax showed no tax due.
Sounds good except that the way the programming was done (with the updates of a few days ago), it showed in Form 540 an AGI of $10200. WRONG. The AGI should be $0.
Now it is true that his tax liability is also zero because of his exemptions and Standard Deduction.
If he had for example $20000 in stock gains he would be paying tax on $30200 not $20000.
TurboTax is still wrong if
you made more than $10200 in Unemployment.
Again the book you wrote as well as TurboTax are still wrong.
He returned the software as he determined that it faulty.
You’re Welcome
