Three-Year IRS Battle: TurboTax Error Costs $12,000

A TurboTax error cost the author over $12,000 in overpaid taxes, a battle that lasted nearly three years. In March 2022, while filing taxes using TurboTax, a software duplication error related to Incentive Stock Options (ISOs) led to a significantly inflated tax bill. Despite filing an amended return, the IRS's slow processing and a missing form generated by TurboTax further delayed the refund. Only after contacting their congressional representative was the refund, plus interest, finally received in March 2025. This story serves as a cautionary tale about tax software and the challenges of resolving IRS issues, advocating for simpler tax systems and highlighting the author's eventual success after significant perseverance.
Read more