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Level 3
Apr 2, 2022 5:37 PM UTC
Question

Turbotax Easy Extension incorrect calculation

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.

    14 replies

    Level 3
    Apr 11, 2022 1:34 PM UTC

    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
    Apr 13, 2022 3:23 PM UTC

    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
    Apr 13, 2022 5:25 PM UTC

    I understand that. Was just trying to report an error in TurboTax calculation. I’ve attached a pic of what TT submitted. Pretty clear and simple to see the error.

     

    Level 2
    Apr 18, 2022 3:31 PM UTC

    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
    Apr 19, 2022 6:57 PM UTC

    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
    Apr 16, 2023 2:33 AM UTC

    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
    Apr 16, 2023 5:33 PM UTC

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

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