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Deductions & credits
I have a similar issue. When I completed our 2020 return, I used all the calculations computed by TurboTax with the correct (I presumed) information from the Recovery Rebate Credit Worksheet. IRS says I owe them back for claiming the $1200 EIP twice. I've tried reasoning with the IRS (ha, that's been a laugh) but after taking my 2021 refund and applying it to the 2020 owed, with interest, I still owe them $975.56. Is TurboTax going to foot that bill because of an error on the form? I've been dealing with them for over 2 years now and even hired an accountant to look at it (no big help there). Since it was a software program error, where is TurboTax's liability?
‎September 26, 2023
12:35 PM