Tax Update Blog: Permalink
« Previous · Tax Update Blog Home · Next »
Turbotax tweaks for Timmy
December 30, 2009
As a service for future Treasury Secretaries, Turbotax has updated its data entry screens. Mary O'Keeffe, proprietor of the Bed Buffaloes tax blog, provides screen shots.
Turbotax then:
Turbotax now:
Mr. Geithner famously blamed TurboTax for his skipping out on $35,000 of self-employment taxes on his foreign service income, which he finally paid without penalty to buy a ticket to his new job of running the tax system.
UPDATE: More from the TaxProf.
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=082dc063-4284-4c9e-ab96-427989cc7cf3)
Bookmark: del.icio.us • Digg • reddit
TrackBack
TrackBack URL for this entry:
http://www.rothcpa.com/mt/contages.cgi/1390
Listed below are links to weblogs that reference Turbotax tweaks for Timmy:
» TurboTax's Timothy tweaks from Don't Mess With Taxes
Remember Treasury Secretary Tim Geithner's confirmation hearing troubles when it was revealed that he didn't pay self-employment tax on some of his earnings? That tax screw-up helped him make my decade in taxes list (#5). Remember, too, when Geithner t... [Read More]
Tax Updates
Subscribe to Tax Updates
The items included in the Tax Update Blog are informational only and are not meant as tax advice. Consult with your tax advisor to determine how any item applies to your situation.
Joe Kristan writes the Tax Update items, and any opinions expressed or implied are not neccesarily shared by anyone else at Roth & Company, P.C. Address questions or comments on Tax Updates to
Search Tax Updates
Friends and Neighbors
Economics Nerds
Hard-Core Tax Nerds
Gigablogs
Insurance Folk
Goners
Legislation
Tax Update Data Feeds
Comments
which he finally paid without penalty to buy a ticket to his new job of running the tax system.
And all this time, I thought a position in the Obama administration WAS the penalty for failing to pay your taxes.
Posted by: HeatherRadish | December 30, 2009 9:25 AM
No, tax problems are just bonus points in the vetting process.
Posted by: Joe Kristan | December 30, 2009 9:30 AM