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How do I know my Fed. and State taxes are correct. Does TurboTax have any assurance of correctness?

 
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3 Replies
evelynm
Employee Tax Expert

How do I know my Fed. and State taxes are correct. Does TurboTax have any assurance of correctness?

Yes, TurboTax is consistently updating with current tax laws (Federal and State) and TurboTax software includes:

Tax Return Lifetime Guarantee

A combination of coverage: 100% Accurate Calculations, Maximum Refund, and Audit Support Guarantees. All guaranteed for the full 7-year life of your tax return. Individual returns only. See terms of service for details.

 

For the 100% Accurate Calculations Guarantee:

  • You double-checked your entries and you believe you entered them correctly

Here is a link for further details:  https://turbotax.intuit.com/corp/guarantees/

Have an amazing day. Evelyn M (CPA 20+ years)
I would love a thumbs up 🙂 + Mark the post that answers your question by clicking on "Mark as Best Answer"

How do I know my Fed. and State taxes are correct. Does TurboTax have any assurance of correctness?

The state of South Carolina just sent me a tax bill for the 2021 and 2020 tax years indicating that I did not do my taxes correctly.   I entered them in as per all the prompts and TurboTax did not calculate the state tax correctly.   I purchased the audit protection for both of these years and the TurboTax auditor said the state is correct we owe the tax, penalty, and interest.  I'm sure I will be getting a bill for 2022 as this was done the same way.  What recourse do I have as a result of the incorrect tax calculations?

How do I know my Fed. and State taxes are correct. Does TurboTax have any assurance of correctness?


@fsmith246 wrote:

The state of South Carolina just sent me a tax bill for the 2021 and 2020 tax years indicating that I did not do my taxes correctly.   I entered them in as per all the prompts and TurboTax did not calculate the state tax correctly.   I purchased the audit protection for both of these years and the TurboTax auditor said the state is correct we owe the tax, penalty, and interest.  I'm sure I will be getting a bill for 2022 as this was done the same way.  What recourse do I have as a result of the incorrect tax calculations?


See this TurboTax support FAQ for submitting a claim under the Accuracy Guarantee - https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/submit-claim-turb...

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