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charleigh202
New Member

Doesn't Turbo Tax double check for mistakes on our end? I placed the same amount on two different lines resulting in money owed to the IRS.

It was to my understanding that Turbo Tax checks for mistakes that we make. I accidentally added my 401(k) contributions to the IRA line as well. This actually doubled a benefit that I need to repay now.
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Accepted Solutions
TonyL
Level 3

Doesn't Turbo Tax double check for mistakes on our end? I placed the same amount on two different lines resulting in money owed to the IRS.

Turbotax checks for accurate calculations with the data that is entered. We have no way of knowing if you did or didn't make an IRA contribution in addition to your 401(k) contributions. 

View solution in original post

3 Replies
SweetieJean
Level 15

Doesn't Turbo Tax double check for mistakes on our end? I placed the same amount on two different lines resulting in money owed to the IRS.

And how would TT know that you did not also have an IRA?
charleigh202
New Member

Doesn't Turbo Tax double check for mistakes on our end? I placed the same amount on two different lines resulting in money owed to the IRS.

Evidently I placed the same amount on 2 different spots. I would have thought the identical amounts might have been a red flag.
TonyL
Level 3

Doesn't Turbo Tax double check for mistakes on our end? I placed the same amount on two different lines resulting in money owed to the IRS.

Turbotax checks for accurate calculations with the data that is entered. We have no way of knowing if you did or didn't make an IRA contribution in addition to your 401(k) contributions. 

View solution in original post

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