TaxProf Blog

Editor: Paul L. Caron
Pepperdine University School of Law

A Member of the Law Professor Blogs Network

Wednesday, September 5, 2012

Tax Court Rejects Geithner/Turbo Tax Defense

Bartlett v. Commissioner, T.C. Memo. TurboTax2012-254 (Sept. 4, 2012):

Petitioner admits that her income was misreported and that her taxable income was underreported. She maintains that she reported all of her income and that the mistakes made were "honest mistakes" resulting from her lack of familiarity with the TurboTax program. Petitioner claims she used the audit portion of the TurboTax program, believing the audit portion would catch any mistakes she otherwise might make. ...

It is apparent that a portion of the information petitioner entered into the TurboTax program was incorrect; hence the mistakes made (which resulted in the underpayment) were made by petitioner, not TurboTax. TurboTax is only as good as the information entered into its software program. See Bunney v. Commissioner, 114 T.C. 259, 267 (2000). Simply put: garbage in, garbage out.

´╗┐´╗┐Prior TaxProf Blog coverage:

http://taxprof.typepad.com/taxprof_blog/2012/09/tax-court-rejects-geithnerturbo-tax-defense.html

Tax | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341c4eab53ef017d3bd976ea970c

Listed below are links to weblogs that reference Tax Court Rejects Geithner/Turbo Tax Defense:

Comments

Turbotax gets income with respect to a decedent wrong, no matter what you enter.

I wonder what the tax treatment is for that.

Posted by: rhhardin | Sep 5, 2012 11:59:37 AM

If possible and feasible depart the sinking ship that is the USA and relocate to a country/culture appealing to you.

Posted by: Obbop | Sep 5, 2012 2:28:30 PM

I don't think anything I've seen in the last twenty years of politics disturbs me quite as much as the pass Geithner got on his obvious lies about his income and how easily he was able to slide.

Posted by: George | Sep 5, 2012 3:43:20 PM

From this I conclude that Turbo-Tax is Republican. Not that their all red in the logo was not already a dead giveaway of their right-wing extremism

Posted by: DEEBEE | Sep 6, 2012 3:05:37 AM