Prediction: TurboTax Error

More and more people are self filing or electronically filing taxes through software such as TurboTax, not to call them out specifically as I do like their software, and have not had any issues using it to date. I feel it is reasonable to predict that it is very likely in the next couple of years we will see an increase in cases where tax software is released with a glitch or error in the code which goes unnoticed for a portion of the tax season, while people who are unknowingly use this software without hesitation or consideration of the implication of its results, will file whatever the resultant return is.

Although not devastating, this would lead to a delay on returns, and a media circus surrounding what the best practices are for filing your returns, in other words it will be like April tax day sometime in February. I would not be surprised if this occurs in the 2012 or 2013 tax season with a big error.

06. February 2012 by ximfinity
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