Deductions & credits


@johnosen35 wrote:

Based on this response I would not recommend anyone who is not a tax expert and self employed to use TurboTax for 2021 returns. 

It worked fine in 2017 and 2018. It is a program error.  


 

Yep.  If you knew the amount of errors ...

 

The errors have been there since 2014 when the Premium Tax Credit started (and I boldly pointed out the errors to the developers then, but they refused to correct things).  It is potentially a two-fold error:  One of which is technically allowable and TurboTax takes the conservative easy way of dealing with it.  The second is is an error.  But often your specific situation will not 'trigger' the error.  It is only happens under certain mathematical conditions.

 

You may also consider TaxAct.  I like the data-entry in the forms in TaxAct, and although not quite a automated as TurboTax, from what I've seen it gives a good output.