Error on 75% of the work...Another example with it. I'm using the online Turbo tax to do a mock return. I have to get mine done professionally but I'm doing it as a mock just to have an idea what I'll get. The online version is AI "powered" and quite different than the desktop version.
The good: you can quite easily upload docs if you have a PDF of it on your computer you just upload and it takes the information. The bad: it is TERRIBLE at doing it. I had one document where it insisted the amount in box XX is incorrect it can't be higher than the total amount of the distribution. When I checked, it had taken the tax ID # of Vanguard and put it in a box where a dollar amount goes. Different document it said the zipcode was incorrect, it had taken a WI for Wisconsin and recorded it as TX for Texas and was telling me there was no such zip in Texas.
I haven't used the desktop version for this year it may in fact have the same AI interface if it does probably the same results. But if you use Turbo Tax be aware I've only uploaded 6 documents to it and it made errors on 4 of the 6. I can't recall the last time just normal Turbo Tax made an error with me uploading. I didn't just connect directly because I had a soft copy of the docs on my desktop already so maybe it's better if you let it do it that way.
I guess to be fair I'm assuming the problem is the AI not just Turbo Tax because it's always worked well before
wow, I am continually amazed at how well they have AI mimicking real life.
another five years or so,...the Turbo Tax tax preparing AI...it will create a separate account attached to some prepaid Visas,...skim 10 cents off of every return done with their software,...then transfer it to the Caymans.