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Seniors and students
Hi Susan,
Indeed, the amount I see Turbotax is claiming for my 2023 is from the Student Summary. From the Summary my sub-total of available tuition to be claimed is $28K hover the amount Turbo Tax is calculating for 2023 is only $15K. If I could increase that to closer to $28K than I could eliminate the tax Turbo Tax says I will owe.
If I understand you correctly, there is no way to find out how Turbo Tax came up with the $15K number until I wait until February 19th. Even when this date is reached there is no assurance it can be corrected. I am unclear why being able to print your return is contingent on whether Netfile is open. This is especially odd given the download version still has the forms available.
It is disappointing that I may have to pay twice for TurboTax 2023 just to ensure what I intend to file to the CRA is correct before filing it.
I understand there is nothing you can do if Turbotax has decided this is what customers want. I just wish I knew before buying the online version.
If I purchase the download version I can access forms and see immediately why Turbo Tax is limiting my deduction while still making me pay tax.