If they want to keep their cozy relationship with the IRS, they'll STFU.
"You wanna make a powerful enemy?!?!?"
Posted on 01/22/2009 10:10:54 AM PST by Sub-Driver
Geithner Links Woes to Tax Software Used by 18 Million Americans President Obama's pick for treasury secretary may want to take a refresher course in using the program TurboTax.
FOXNews.com
Thursday, January 22, 2009
Timothy Geithner is well on his way to being confirmed as treasury secretary after an 18-5 Finance Committee vote on Thursday to forward the recommendation to the full Senate, but his supporters may want to advise him to double check his automated tax returns before submitting them.
Geithner cited the software program TurboTax in testimony before the Finance Committee Wednesday, saying he failed to include self-employment taxes in his federal returns for two years.
Geithner said to his recollection, the program did not prompt him to report income and pay self-employment taxes.
"I mistakenly believed that I was meeting my obligations fully, including self-employment taxes, but I did not prepare my returns in a way that caught that mistake initially," Geithner told the committee, adding "these are my responsibility, not the tax software responsibility."
(Excerpt) Read more at foxnews.com ...
The man is a liar. The software does prompt for such information.
What a liar. He signed off on the form from the IMF that reimbursed him for the taxes he paid on his income from them. So he not only stiffed the US Treasury, which he will now head, but he effectively stole money from the IMF as well. Just the kind of man our Senators think is trustworthy enough to lead the US banking system. Disgusting.
Will TurboTax now be required to add a tiny print disclaimer to their product warning against the use of its product by potential government employee wannabes with questionable moral values?
Strange, when TurboTax asked what my income was this year, I knew what they meant. I listed all family income just like I am required to do.
Next Geithner will be telling us he didn’t know he was supposed to use HIS Social Security number on his return.
Wonder what the response from the company that makes TurboTax will be.
like i believe that.....
didn’t he have to apply for the same tax money from the IMF that he worked for, since they reimburse?
if so, he knew what the tax was, got the benefit refund from his employer and didn’t pay the feds.
sounds like fraud to me.
now i suppose, turbo tax will need a bailout due to the “tax cheat” causing taxpayers not to buy turbo tax.
He wants to be SecTreas and can’t do his own freaking taxes????????
“I could have saved a lot on my taxes with GEITHNER, so easy a caveman can do it.”
Exactly. What a putz.
Any tax program only uses the information you put in but, if you don’t have a clue as to what you are doing or put in false information it isn’t going to save you from anything!!
I can GUARANTEE that the IRS doesn’t care if you used TurboTax, a CPA or crayola’s to do the return if it’s wrong.
As an aside, I plugged all the information from a return that got audited into TurboTax a year or so ago and the program came back saying “You’re Good to Go!!”. Software is no substitute for knowledge.
Turbo-Tax causes hiccups?
Come on Timmy tax cheat, NOBODY believes you didn’t know what you were doing. You’re only being confirmed because you’re the ONLY GUY IN THE ENTIRE UNIVERSE WHO CAN “FIX OUR ECONOMY”!
The government will have reached a new low with the confirmation of this clown as treasury secy.
Place the blame elsewhere, so clintonesque.
I’d sue his arse for defamatory comments.
Responsibility?
Accountibility?
The Age of Clinton II
"Each year, millions of Americans use TurboTax to accurately prepare and file their federal and state tax returns. The software helps taxpayers report their income and find the deductions and credits they're entitled to claim. TurboTax, and all software and in-person tax preparation services, base their calculations on the information users provide when completing their returns. TurboTax also has built-in error-checking tools that routinely catch common taxpayer mistakes. Federal law and our own privacy policy prohibit us from discussing specifics of any customer's return."
I guess they dont want to piss of the future head of the IRS!
If they want to keep their cozy relationship with the IRS, they'll STFU.
"You wanna make a powerful enemy?!?!?"
Yeah, right.
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