- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
This is what I understand however as the OP stated, the issue is that TurboTax is flagging using the 100% approach as an audit risk, and providing feedback that doesn't consider this tax rule for 22'. Other than the text recommending to use 100% it appears the TT software is not aware of this ruling. For me this raises a concern on how TT will handle this, and if we take advantage of this legitimate tax break, is TurboTax going to do something incorrectly that substantially increases our audit risk? Also, TT is saying using 100% is increasing audit risk. Is there any legitimacy to this, or is it all in error because it's not taking the Taxpayer Certainty and Disaster Relief Act of 2020 into consideration?
March 11, 2023
8:59 AM