Or triple charged…
There is a bug in the SW that, when you start a new line of business, the interactive ‚tour’ allows you to enter startup cost and asks, how much you want to deduct (up to $5000).
Beware- these $5000 will stay in the background, even if you remove/ delete that line of business (e.g. because you made a mistake and want to start over.
because, if you start over and enter the $5000, you will suddenly see- you already guessed it- $10,000 as an expense you can not correct or delete anymore.
I have shown this to TT CS agent and she just outright denied there was a problem.
In my despair, I deleted all self-employment and started again….. not a good idea, because you will end up with $15,000 in expenses….
This is a nightmare. I was tempted to start the entire thing from scratch- but what if the number will just show up again and again???
