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Keyword: turbotax

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  • The IRS Finally Cracked the Code on Making Tax Season Suck Less

    04/09/2024 4:27:27 PM PDT · by The_Media_never_lie · 15 replies
    The New Republic ^ | 4/8/2024 | Bryce Covert
    The Inflation Reduction Act created a pilot program that’s finally given Americans a free and easy way to file their federal taxes with the government, and it’s getting rave reviews. A man holds a sign advertising a tax preparation office for people that still need help completing their taxes before the Internal Revenue Service deadline on April 14, 2010 in Miami, Florida. Cindy Black of Lynnwood, Washington, has almost always done her own taxes. The 62-year-old nonprofit executive’s situation is straightforward: She only has one or two W2 forms for her employment, sometimes with a 1099 for some consulting work...
  • Intuit requires a picture of your drivers license or passport to reset your password

    01/20/2024 11:09:53 AM PST · by A Cyrenian · 71 replies
    I forgot my password to sign into Intuit when I tried to install TurboTax. I had to call their customer service to get to the page to reset the password. Their representative sent me an email with a link to enter some information. They require you to send a picture of your license or passport before you can reset the password. This seem excessive just to reset a password. Has anyone had any experiences like this?Thanks
  • TurboTax Faces Major Threat to Its Business

    01/10/2024 7:27:43 PM PST · by Red Badger · 38 replies
    Newsweek ^ | Jan 08, 2024 at 10:53 AM EST | By Aliss Higham
    The Internal Revenue Service (IRS) plans to roll out a free way to file federal taxes, much to the chagrin of tax preparation firm TurboTax. The IRS is launching a pilot plan, known as Direct File, that will offer a free way to submit taxes for U.S. workers. In December, the agency published its plans for an in-house filing system that taxpayers can use to submit their federal tax returns at no cost. Residents of 12 states that meet certain income criteria will be able to try the new service. To qualify, filers need to opt for the standard deduction...
  • New TurboTax Commercial Features Homosexual Couple Filing Joint Taxes After Buying House Together

    01/08/2024 8:14:44 PM PST · by Morgana · 38 replies
    Disntr ^ | January 8, 2024 | staff
    I hate to be the bearer of bad news, but America is not a Christian nation by any stretch of the imagination. As much as I would like to see this nation turn from her collective blasphemy, I simply do not see it happening. Collectively, America is nothing more than a modern-day version of Sodom and Gomorrah, replete with the exact same sins that sent judgment on those two cities and deserving of the same fate. I was recently pointed to a commercial for TurboTax. I use TurboTax to file my own taxes and have done so nearly my entire...
  • IRS denial of 1400.00 'credit' on taxes from 'stimulus' not taken [vanity]

    05/17/2022 10:23:55 AM PDT · by logi_cal869 · 42 replies
    FR ^ | 5/17/2022 | self
    When I filed my taxes (TurboTax), there was a page which - as with last year - asked a question as to whether I got my 'stimulus' check. I do not recall that there was any other option (yes or no). I did not get a stimulus during the virus. Last year it automatically credited my taxes. No notice from IRS. This year it did the same (automatically credited my taxes on my answer to the question). Recently I got a notice of tax due, reversing the credit. Now I owe >$1400.00, plus interest & penalties.
  • Most RACIST commercial EVER TELEVISED!

    02/07/2022 3:46:45 PM PST · by 2harddrive · 106 replies
    There is now a TurboTax Income Tax software commercial ad which features a black male who spits 3 times on a white male victim. It is the most divisive, hateful, and racist commercial ever televised. Yet over 100 have upvoted it on YouTube, and no one has downvoted it! Perhaps YouTube hid the downs. Please consider switching to TaxAct, or H&R Block, or Jackson Hewitt, or another tax software company. BOYCOTT TURBOTAX! https://www.youtube.com/watch?v=fs7e6lpXLvU
  • Very racist TurboTax TV commercial (black man spitting on white man)

    01/31/2022 2:55:14 PM PST · by lonewacko_dot_com · 54 replies
    TurboTax TV ad ^ | Jan 29, 2022 | self
    This TV ad from TurboTax is the most racist TV ad I've ever seen. It has a black man repeatedly and intentionally spitting on a white man. Unless you're an anti-white racist, don't use TurboTax or other products from Intuit. If you want to help do something about ads like this: - like this video. A like doesn't mean you support the ad, it means you oppose it. If this video gets enough likes, Youtube won't be able to bury it. - send this video to reporters & urge them to call Turbo Tax on it. You can email them...
  • TurboTax, H&R Block update software to account for $10,200 unemployment tax break [+ MUCH MORE; do NOT file until deadline!]

    04/08/2021 3:16:11 PM PDT · by catnipman · 33 replies
    CNBC ^ | 3/22/2021 | Greg Iacurci
    TurboTax and H&R Block updated their online software to account for a new tax break on unemployment benefits received in 2020. The American Rescue Plan, a $1.9 trillion Covid relief bill signed this month by President Joe Biden, waived federal tax on up to $10,200 of jobless benefits per person. State returns may still pose a problem for e-filers. TurboTax and H&R Block updated their online software to account for a new tax break on unemployment benefits received last year, according to company officials. However, state tax returns may still be a source of trouble for some taxpayers filing electronically.
  • IRS mistakenly sends stimulus checks to foreign workers

    05/02/2020 5:09:58 AM PDT · by Libloather · 41 replies
    Politico ^ | 5/01/20 | Ian Kullgren
    Thousands of foreign workers, many living overseas, are receiving stimulus checks designated for U.S. residents due to an unforeseen glitch that funneled taxpayer dollars to other countries, according to tax consultants and the recipients themselves. College-age workers who spent time in the U.S. in the last two years - some of whom returned home long before the coronavirus pandemic - have been surprised to find $1,200 checks deposited into their bank accounts. And with no clear guidance on how to return it, they’re holding onto the money or racing to spend it before the Internal Revenue Service realizes the mistake....
  • NYT Corrects Piece About Couple’s Tax Increase Under New Law to Admit Their Taxes Would Go Down

    03/08/2018 1:29:52 PM PST · by MarvinStinson · 23 replies
    freebeacon ^ | Alex Griswold March 7, 2018 | Alex Griswold March 7, 2018
    A New York Times analysis of how the recently enacted tax reform law could affect a hypothetical couple's taxes was corrected to admit their taxes would actually go down, not up. In the story from late February, the Times collaborated with TurboTax vice president Bob Meighan to lay out how the Republican-backed tax overhaul would affect "Samuel and Felicity Taxpayer," an imaginary couple from suburban New York that makes $183,911 a year. Samuel is a self-employed engineering consultant, and Felicity is as an employee of a design firm. The "bottom line" of their analysis: "The family would owe $3,896 more...
  • pay estimated taxes after windfall year income? (turbotax, independent consultancy)

    04/14/2017 2:29:46 PM PDT · by SteveH · 46 replies
    steveh | 4-14-2017 | steveh
    if i have a year of windfall income (independent consultancy), then do i have to pay next year's 1040es estimated tax? the one year jump is about $125k over what i normally make. this is a large amount of money over 4 payments for income that i know i will not have this year. tia!
  • irs/turbotax federal income taxq: why auto in form 8824 like-kind exchanges?

    04/09/2017 11:32:35 AM PDT · by SteveH · 16 replies
    april 8, 2017 | steveh
    why is an auto i used for my business unexpectedly showing up in form 8824 like-kind exchanges in turbotax?
  • Would You Let the I.R.S. Prepare Your Taxes?

    04/16/2015 7:28:04 AM PDT · by SeekAndFind · 23 replies
    New York Times ^ | 04/16/2015 | Farhad Manjoo
    Around this time every year, Joseph Bankman, a professor of tax law at Stanford Law School and a longtime advocate of using technology to simplify tax filing, gets on the phone with reporters to explain what is wrong with how we do our taxes in the United States. Every year he says pretty much the same thing: No other industrialized country asks its citizens to jump through as many hoops to calculate their taxes as ours. It isn’t just lawmakers or the hapless-seeming Internal Revenue Service that is perpetuating the annoyance of tax time, he adds. Instead it is the...
  • Home Story E-file fraud: Identity thieves filing taxes to steal refunds

    03/28/2015 9:33:23 AM PDT · by E. Pluribus Unum · 10 replies
    MercuryNews.com ^ | 03/28/2015 | George Avalos
    By its very nature, tax season unleashes a certain amount of angst, but this year may produce a higher level of foreboding due to a slew of data breaches that have imperiled electronic filing of tax returns. "Tax fraud this year is very prevalent, primarily because of these recent high-profile data breaches," said Julie Miller, a spokeswoman for Intuit, a Mountain View software maker whose signature products include the TurboTax program. "We are seeing tax refund fraud being driven by identify theft. That has implications for people who use TurboTax online or any online tax preparation."
  • Turbo Tax Resumes State E-Filing; Still Closed In Minn.

    02/06/2015 8:13:33 PM PST · by ButThreeLeftsDo · 8 replies
    WCCO.com ^ | 2/6/15 | WCCO
    Intuit Inc. announced that its software Turbo Tax has resumed e-filing of state income tax returns Friday afternoon. The company had temporarily suspended e-filing in all states over concerns of fraud after two Minnesota users reported that someone had already filed in their name.
  • TurboTax stops processing state returns amid reports of fraud

    02/06/2015 3:28:41 PM PST · by Red in Blue PA · 14 replies
    TurboTax stopped processing state tax returns after noticing an increase in suspicious filings, the tax preparation software company said Friday. The company learned that scam artists were using stolen personal information to file fraudulent state returns with TurboTax software, giving them the ability to steal state tax refunds. It stopped processing returns filed to all states as of Thursday.
  • TurboTax returns temporarily suspended on fraud concerns

    02/06/2015 1:44:13 PM PST · by barmag25 · 21 replies
    WLWT.com ^ | 2/6/15 | wlwt staff
    The state of Minnesota has stopped accepting electronic filings by taxpayers using the popular TurboTax software, because of what it says are fraud problems that have been detected with filings. "Some Minnesota taxpayers have recently found that when they log in to TurboTax to file their tax return, they see that a return has already been filed," said the state. The state says there has not been a breach of Department of Revenue computer systems, and that it is still accepting filings from tax preparers using professional versions of the Intuit software. Media reports in Minnesota say that the state...
  • DU Fraudster Will Pitt Publicly Corrected by TurboTax for Posting False Hacking 'Scoop'

    02/06/2015 12:59:23 PM PST · by PJ-Comix · 7 replies
    NewsBusters ^ | February 6, 2015 | P.J. Gladnick
    Notorious fraudster William Rivers Pitt has posted yet another false "scoop" at the Democratic Underground. No, nothing yet about Karl Rove being indicted. That was guaranteed in his May 2006 "scoop" and we are still waiting 24 business hours for this mythical event to materialize. This time around Pitt posted a "scoop" about TurboTax supposedly being hacked. One little problem; it wasn't true. And a TurboTax spokesperson even posted on Pitt's thread about the truth of the matter due to the misinformation spread on the Web by Pitt's veracity challenged "scoop." One fringe benefit is that Pitt has once again...
  • DUmmie FUnnies 02-06-15 (TurboTax Smacks Down Pitt for False "Scoop")

    02/06/2015 10:07:41 AM PST · by PJ-Comix · 12 replies
    DUmmie FUnnies ^ | February 6, 2015 | William Rivers Pitt, DUmmies, and PJ-Comix
    While you wait 24 business hours for Karl Rove to be indicted and frogwalked across the White House lawn, WILLIAM RIVERS PITT has another HOT HOT HOT scoop. This time it is that TurboTax was hacked. Of course we know this must be true because of Pitt's fantastic track record for veracity. Unfortunately, after Pitt delivered his big SCOOP came the big "OOPS" which you can discern in the thread title which not only has a regular UPDATE but also a NEWER UPDATE, "Scary stuff" UPDATE: the hack was TurboTax (NEWER UPDATE). After Pitt's FALSE "scoop" caused panicr among...
  • Changes To TurboTax Lead To Consumer Revolt, Opportunity For Competitors

    01/25/2015 8:35:30 AM PST · by ken in texas · 32 replies
    Consumerist web site ^ | 1/23/15 | Laura Northrup
    - begin excerpt - What Intuit did for tax year 2014 is change which services come with each tier, shifting some of the forms to the more expensive versions. They made the same changes to the pricing tiers on their Web-based service for 2013, so the change is not entirely unexpected. The first rumblings came as soon as the software was released last year, and some true early birds got a head start on their returns. They noticed that something was missing: some pretty common forms that had always been part of TurboTax Deluxe. These included: Schedule C (self-employment expenses...