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Posted by PeterL on January 30, 2007, 2:08 pm
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>> I was at my sister in law's house last weekend and she was
>> doing her income tax using TaxCut. She said that TaxCut
>> made a big mistake figuring out her income tax. She is an
>> accountant and very familiar with both personal and business
>> taxes. She said that TaxCut mistakenly gave her a large
>> refund when she actually has to pay AMT.
>>
>> Anyone encountering this problem with TaxCut? We've been
>> using TaxCut for the past 4 years and haven't bought this
>> year's version yet.
> Your description of the "problem" is so general as to be
> useless. What specifically did Tax Cut treat improperly on
> your sister's return?
Apparently Tax Cut credited her with a refund, instead of
correctly showing that she owes AMT.
I didn't get more details than that.
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