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pdupnick
New Member

2022 Audit

Turbo imported the COST BASIS from my 1099b fom instead of the GAIN OR LOSS resulting in a substantial underpayment and resulting penalties. I am looking for help from TurboTax in verify this information was imported directly by TurboTax, and not entered by the user in the hope I can get the penalties and interest waived.

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1 Reply

2022 Audit

Turbotax does not import gain/loss. it imports selling price, cost and adjustments provide the electronic file from which the data is imported is properly formatted.

 

 

however, if you think you have a claim here's how to file

https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/submit-claim-turb... 

 

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