Complaint / review text:
I received an under-reporting letter from the IRS for my 2008 taxes in May 2010. The funny thing, I allowed a friend to use my turbo tax and she too received the same under-reporting letter for 2008. I contacted the IRS and they explained that the amount I claimed on my retirement income was different from what "I reported." I went back into Turbo Tax to see if I had entered the wrong information and I didn't. I checked the form that was submitted and the entry was different.
I am angry because I have never owed IRS. I am always careful when dealing with my returns. Now I owe almost $2600! Why did it take so long for IRS to find out about this under-reporting. I was convinced there was something wrong with Turbo Tax or the IRS system in 2008 because I had never heard of so many people in my inner circle having problems with their 2008 taxes. Now, seeing others in the same situation, I know I am not alone! I agree, I hope a class action is filed!