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Level 3
April 2, 2022
Question

Turbotax Easy Extension incorrect calculation

  • April 2, 2022
  • 5 replies
  • 0 views

This is pretty straightforward. There is (was?) a simple calculation error in Easy Extension. My estimated total tax liability (line 4) is $4000. My total 2021 payments (line 5) is $4780.  Balance due should be negative $780 but this printed as positive $780. Minus sign or parentheses are missing.  Not a big deal, I’m sure, but an error nonetheless.

    5 replies

    Level 3
    April 11, 2022

    I was expecting someone from TurboTax to at least acknowledge and explain.  Has this error been corrected before others experience the same?

    AkinaLO
    Level 15
    April 13, 2022

    Thank you for reporting this to us. If you think you're not going to owe any taxes, there will be no need to submit an estimated payment.

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    Level 3
    April 19, 2022

    @AkinaLO This problem occurred for me too. Does the calculation error indicate a security breach? Was Intuit.com or TurboTax Online forged?

     

    While I believe that I filed an extension by entering the data via Intuit with Easy Extension, I was never asked to sign in to my account. I filled in the data correctly but when I view the printable 4868 copy, the math is incorrect.

     

    Either Intuit doesn't understand how to program a form so that dollar amounts less than zero are listed as "0", they didn't bother to program it display correctly on the PDF version, or someone fooled a bunch of us into entering our most valuable PII into a forged website made to imitate Intuit's. I'm happy to share a screen clip of the 4868 PDF as it looks to me on a Mac (without my personal info of course).  Perhaps this link will work: https://imgur.com/a/us4yMcp 

    Level 2
    April 18, 2022

    I got this same error on April 16th. I have the desktop version of Turbotax Premier for 2021 taxes. I selected the option to file my extension and the form 4868 was correct there. But, I would have had to mail it in and elected to use the Turbotax Easy Extension. Big mistake. When I printed out what was submitted, I had the same problem everybody else here mentioned. It was wrong and showed a payment due instead of correctly showing there was no payment due and I should be receiving a refund. It was quickly accepted by the IRS. I guess I'll have to see what happens. This is truly outrageous and now I'm glad that even though I was basically done with my taxes, I wanted to run them by somebody locally to double check them before filing, as this is the first time I've used Turbotax to file.

    Level 2
    April 19, 2022

    I filed my extension 4/18/22 and am also in a refund situation however the extension form was submitted showing payment due.  

    Level 2
    April 16, 2023

    I'm experiencing something like this except my extension is listing my tax liability as the same amount as my ENTIRE income for the year. As a low-income person, this is frightening and makes me really question whether or not I should trust turbotax to help me file again next year.

    Level 15
    April 16, 2023

    Have you already filed your return for this year? @Leuca 

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