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New Member
posted Apr 14, 2024 3:41:01 PM

Significant Bug in Turbo Tax 2023 when reading W2 in PDF format

I found a significant bug in the Turbo Tax Deluxe software for PC. After inputting my W2 from a PDF document, Turbo Tax combined the W2 box 12 and Box 14 into Box 12 (all codes and amounts from Box 14 were added to Box 12). The codes have different meanings in Box 14 than in box 12 and as a result I was charged an additional $740 taxes on my return.  In my case box 14 code K represents funds paid into a federal vision insurance plan. However code K in box 12 represents a Golden parachute fund that gets added to your taxes owed. I hope Turbo Tax can identify this bug and warn others so they do not unknowingly  get charged extra federal taxes.  

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2 Replies
Returning Member
Apr 17, 2024 3:05:07 PM

Did TurboTax get the bug fixed? I noticed they did not answer so are they overcharging everyone instead?

Level 15
Apr 17, 2024 3:13:41 PM

Yes you need to check any imported info (and your whole return) over carefully before you file.  It can import wrong.  You should delete it and enter it again manually.