Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: apacherose Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121100  
Subject: TaxAct difficulty with Form 5405 Date: 3/26/2011 4:57 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Good afternoon everyone,

Has anyone experienced TaxAct inaccuracy related to filing 'Homeowner Credit Repayment' with Form 5405?

My experience, in completing the interview process for homeowner credit repayment: for some reason TaxAct stated that home was purchased by relative on Line E of Form 5405, when this is not the case at all. There was no question in the 5-step interview process even inquiring if home was purchased from a relative. In attempting to override this Taxact error on the 5405, an alert warns me that filing electronically is not possible when overriding a calculated field.

I sent an email to TaxAct support, with their response to "Read the interview questions a little more carefully, as this question is there".

Any helpful suggestions on troubleshooting this program are most welcome, otherwise I will not be filing taxes with TaxAct.

cheers...Apacherose
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next

Announcements

Disclaimer:
In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement