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Can I trust Turbotax?

I have been filing with Turbotax for 7 years without any problems, but since the issues with the second stimulus payments were messed up, I'm questioning if my tax return will have any issues as well. Can I trust that Turbotax will handle my return without any problems?

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2 Replies
pk
Level 15
Level 15

Can I trust Turbotax?

@Suthrngaltx , I can speak ONLY on the preparation of the return and transmission to the IRS/State.  On these two functions, TurboTax  will do fine as it has for years ( note that these two services are very similar for most large  tax prep services).  The trouble with the second economic impact credit , as far as I understand, was caused  by a whole bunch of  unforeseen  issues  , not the least at the IRS.   You are aware that this was a  an advance payment on the credit  and  thus will be reconciled  during the  2020 return preparation-- so it is not lost, just some may end up getting this as a refundable credit  when one files  a return.

 

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Can I trust Turbotax?

This is a question you will have to answer yourself based on your own common sense conclusions.

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