Turbotax would cost me a $5,452 Tax Credit for 2020 taxes because it does not support Form 8846 to claim a Credit via Form 3800 for overpaying the 7.65% SS+Medicare tax on Tips that exceed the tip amount required to have waitresses achieve min-wage for non-tipped staff. Paychex processes payroll for many restaurants owners but it collects and pays SS+Medi tax on ALL tips. I could find no Form 3800 workaround for the missing Form 8846 so now must pay a CPA to do my taxes. I wasted my money on buying Turbotax.
