Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 0
I've done my taxes on Turbo Tax (through Vanguard) and Turbo Tax tells me that I've used the most up-to-date version of their software.

I just printed out a copy of my taxes and then I compared by taxable income and the taxes owed on same to the tax table in the 1040 instruction booklet that I got from the IRS website -- and the two numbers don't match!

Turbo tax is giving me about a $500 break in taxes if I use their figure. According to the tax table I should be paying more.

I'm confused. I called Turbo Tax and they assure me blah, blah, blah, that they will guarantee the correctness and pay penalties blah blah blah if I get any.

I don't want the headaches. I want it to be right.

What do you think???

Print the post  


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.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! 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.