Turbotax nearly cost me $1000 in foreign tax carryover
Turbotax (which I've used for about 20 years) nearly cost me about $1000 in foreign tax credit by failing to import my carryover amounts from 2022. I only found this error by carefully comparing my 2022 return to my 2023 draft return, and noticing the missing carryover. It didn't import them, though, it imported all other carryovers. I had to manually enter line by line my foreign tax carryovers from each year. This is data Turbotax has, and should import. So much for "maximum refund."
Add this to the horrible way they handle 1099's with more than one country of income, forcing you to create fake "dummy" 1099's for those other countries. 3 countries each on 3 1099's, get ready to create 6 dummy 1099's and adjust the 3 you imported, just so you can report it accurately.
How do they get away with selling a program entitled "Home & Business" when it can't do some fairly basic investment tasks properly.
This program is a joke, and I hope Congress mandates accurate free filing so companies like Intuit can quickly go out of business for their incompetent coding and lack of support for customers.
