jwbonds
Returning Member

Investors & landlords

Hello again, Admittedly, being retired a couple of years, my programming skills are a bit rusty, but this doesn't seem a big trick at all to get right. The program already asks for the state split on interest, just add a field in another question to add the state split on accrued interest (if any), and then calc and move the numbers to the state filing. It hardly seems likely to be confusing to users (with this activity), as anyone who knew to split out the interest by state should also figure out the need to split the accrued interest by state when prompted. However, even if it were to be complex, lots of tax code is complex. I think that is a prime motivation for people to buy software such as Turbotax especially one that touts it's 100% accuracy standard. As it is written now, the program produces an incorrect state tax submission for the fact pattern in question, which I hope isn't the performance standard Turbotax aspires to. Having to undo the Fidelity produced and downloaded information and manually produce additional 1099-DIVs is an aberration in how most users would expect the software to perform. It's hard for me to believe Turbotax wouldn't be inclined to fix a part of the program that produces errors based on the program's incorrect apportioning of the accrued interest to the state returns. I guess we will find out now that the issue is documented here. Thanks.