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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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2014 Cayman S (track rat w/GT4 suspension) 1979 930 (475 rwhp at 0.95 bar) |
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Join Date: Mar 2003
Location: Northern VA
Posts: 1,086
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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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04 R1100SA (Pacific Blue metalic) 99 R1100SA (black) -- Totalled |
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Join Date: Jul 2005
Location: Seattle
Posts: 5,823
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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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'85 911. White - 53,000 miles bought 3-16-07. "Casper" '88 924S. Blue - 120k miles bought with 105k miles. '94 968 Coupe - White - 108,000 miles bought 9-28-17 '09 Cayman - Grey - bought 9-8-20 |
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Join Date: Apr 2002
Location: Clinton, NJ
Posts: 12,782
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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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______________________________ Dave 1969 911T Coupe 1972 911E Targa |
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(the shotguns)
Join Date: Feb 2006
Location: Maryland
Posts: 21,613
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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! I believe we all make mistakes but I will not validate your poor choices and/or perversions and subsidize the results your actions. |
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Quote:
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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2014 Cayman S (track rat w/GT4 suspension) 1979 930 (475 rwhp at 0.95 bar) |
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