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David's Avatar
 
Join Date: Apr 2002
Location: Houston (Clearlake), TX
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WTF, Turbo Tax has never totalled my donations correctly?!?!

I'm finishing up my taxes and I noticed something strange, Turbo Tax is showing more charitable donations than what I entered! At first I thought it somehow added the $500 non cash donations to the cash donations, but it didn't, even adding in an extra $500 it's still off by a few dollars.

So I went back and checked the last two years where I've used Turbo Tax. Wholly crap, they don't match either! What's going on here?

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Old 04-11-2007, 04:20 PM
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I have had some issues with importing my 1099's from my brokerage into turbotax. The first time I did it, the amount was almost twice what it should have been. I rolled back the import and did it again, and this time only a few transactions got messed up. I don't know if its turbotax of my broker's statements imports being corrupted. I have wasted countless hours trying to figure out where the screw up was. If there weren't so many transactions, I would have just done it by hand. There are pages and pages, so any bit of automation is welcome.
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Old 04-11-2007, 04:43 PM
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I like our tax lady. I give her a huge box of invoices, and my bank statements, and she does the rest.
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Old 04-11-2007, 04:47 PM
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My wife sees a lot of people who have gotten hosed with Turbo Tax. She has a tax and accounting practice.
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Old 04-11-2007, 05:24 PM
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if your non-cash was over $500 you would have filled out an 8283 which details your donations. IF you put the amount in BOTH places (the 8283 & the sch. A) it may the adding both. Our high dollar tax software does the same.
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Well i had #6 adjusted perfectly but then just before i tightened it a butterfly in Zimbabwe farted and now i have to start all over again!
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Old 04-11-2007, 05:32 PM
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Quote:
Originally posted by berettafan
if your non-cash was over $500 you would have filled out an 8283 which details your donations. IF you put the amount in BOTH places (the 8283 & the sch. A) it may the adding both. Our high dollar tax software does the same.
Nope, I put $500 for non-cash and it didn't add $500. When I total my contributions that I entered in turbo tax for the last 3 years, the totals don't match what comes out on my schedule A for any years.

I may be doing something wrong here, but I don't think so. I see a big headache for somebody over this .

I think I'll be deleting this thread tomorrow .

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Old 04-11-2007, 06:43 PM
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