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New Member
posted Oct 30, 2023 11:50:46 AM

NYS has informed us that we owe money on our Turbo Tax returns for 2020 and 2022. What do we do?

Will Turbo tax pay the interest and pentalies for bills subject to collection for 202 and 2022?

0 2 555
2 Replies
Level 15
Oct 30, 2023 11:56:42 AM

Why do you owe?  Did NY change your returns or was the tax due not paid?

Level 15
Oct 30, 2023 12:00:17 PM

TurboTax guaranties 100% Accurate Calculations on a tax return.  It does not guarantee if the user of the software omitted any type of income, entered an incorrect amount of income or deduction or answered a question in the software incorrectly.

 

See this TurboTax support FAQ for the Accurate Calculation guarantee - https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/turbotax-100-accurate-calculation-guarantee/L30iuaxMC_US_en_US?uid=lod9jfh0

How to submit a claim under the guarantee - https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/submit-claim-turbotax-100-accurate-calculation-100/L88SYklBL_US_en_US?uid=lod9ka37

Documents needed for submission - https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-product-orders/documents-need-submit-claim-turbotax-100-accurate/L8GE59ycB_US_en_US?uid=lod9l64m