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Turbo tax online allows you to deduct moving expense more than your personal income. Isnt that a software bug? I found out im not allowed to do that after I filed my tax.
Turbo tax online allows you to deduct moving expense more than your personal income.
For Eg if you earn 15000 in personal income and 25000 dividends in a year, and you moved to a different city to start your business incurring moving expense, Turbo Tax online is allowing me to deduct 16000 in moving expense exceeding my personal income of 15000. Isnt that a software bug? I found out that CRA rules dont allow your moving expense to exceed personal income. Ive already filed my taxes and realized this mistake. Should I be asking turbo tax for a refund?
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‎October 31, 2019
2:26 AM