Sunday, March 10, 2013

Tax preparation: Don't use Intuit software, including TurboTax

That's what Minnesota's Department of Revenue has warned taxpayers.  The Star Tribune reports:

Citing "multiple issues with the products", the Minnesota Department of Revenue issued a crisp statement today urging tax filers to avoid using Intuit products to prepare or file their state income taxes. The products include TurboTax, Lacerte, Intuit online and ProSeries.

The state warned that using the products could "jeopardize the accuracy of your return or delay your return."

In a conference call, the department said there were multiple issues with the software including assigning political contributions to the wrong party, failing to give an education credit for multiple dependents, incorrectly calculating property tax refunds, and a variety of other calculation errors.

There's more at the link.

This is going to cause problems much further afield than just in Minnesota, I'm sure.  Intuit's one of the biggest tax preparation software providers in the country.  I hope, for the sake of their users, that they can sort out these problems quickly.  Meanwhile, if you're one of those users, you might want to consider alternatives . . .



Well Seasoned Fool said...

I've used TurboTax in CO for the past four years. Never had a problem.

Anonymous said...

Intuit has it fixed.

Aggie said...

Same here. Used TurboTax and still use Quicken (2005). Have for 10+ years.

OTOH, read an article a couple of weeks ago where Intuit's financial services arm was no longer interested in dealing with firearms-related businesses (

It is certainly their right to decline to deal with us. So it is my responsibility to insure they do not get any more of my money. This is the last year I'll use TurboTax. I will not be buying a new version of Quicken. PERIOD.