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Deductions & credits
My son, who is over 17, was not a full time student this year so I entered that I didn't have dependents. That changed my filing status to single from head of household. Then, when he qualified for the tax credit, I entered for the tax credit but didn't realize that would show him as a dependent. Then when we submitted his tax return it was rejected because it said I claimed him as a dependent. Now I can't modify my return until it gets processed.
Turbo tax should have flagged that I marked no dependents when I marked for the tax credit. And possibly had me change my filing status back to head of household.
The issue is that I owe a ton in taxes and now my son won't get the stimulus check.
I marked not to take the money I own from my account until 4/10/21 and don't know if I need to wait till then to refile my taxes so my son can refile his. Or if I can just do it after the Feds process my forms but not the payment.
What a royal pain that could have been avoided if Turbo Tax would have flagged that issue or advised to change my filing status.