No, the disclosure agreement is to allow the Turbo. Tax program to access your information to determine if you qualify for things such as using your refund to pay your fees or being shown certain other options, possibly a refund anticipation loan, in the program.
The consent form is just to be offered certain services later, like getting your refund on a card or paying your fees with your refund. It may seem silly, but Turbotax can’t offer you those services unless you officially give it permission to “know” about your tax refund status. Otherwise, your tax return info is considered private.
Do I really need TurboTax?
None of whom use turbotax or any other self help software. So at the end of the day, these softwares don’t even have to provide the service to 0.5% of the people who would get audited. Speaking of audits, mostly they are mail audits too. Not only do you not need it, but if you need it – it sucks.
It may seem silly, but Turbotax can’t offer you those services unless you officially give it permission to “know” about your tax refund status. Otherwise, your tax return info is considered private. *Answers are correct to the best of my ability at the time of posting but do not constitute legal or tax advice.* June 3, 2019 11:07 AM.
What is TaxAudit and TurboTax?
TaxAudit has partnered with Turbo. Tax ® to provide audit protection services for over 20 years. TaxAudit deals with the IRS and state taxing authorities, so taxpaying individuals and small businesses don’t have to.
When do I need a taxpayer’s consent to disclose information?
A taxpayer’s consent is always required prior to disclosure of tax return information to a preparer located outside the United States [Treasury Regulations section 301.7216-3(a)(3)(i)(D)]. Consent to disclosure or use of the taxpayer’s tax return information must— include the name of the preparer and the taxpayer,.
The most common answer is: all consents to use of tax return information must state that “we cannot use your tax return information for purposes other than the preparation and filing of your tax return without your consent,” and then use language similar to that regarding disclosures [Revenue Procedure 2013-14, section 5.04 (1) (c)].
Should I purchase turbotax audit defense?
With TaxAudit you get an audit solution you can count on. “I totally recommend having Audit Defense as an adjunct to Turbo. Tax. It provides peace of mind should an unexpected tax audit situation arise.
I have used Turbo Tax for 20 years and never purchased audit defense. Never been audited either. When you get to the end of filling out everything, run the error check and fix any errors, then take a look at Turbo Tax’s “probability of audit”.
How can I get Free audit support from a tax pro?
, turbo Tax gives everyone free audit support from a tax pro to help you understand what’s going on if you get that dreaded letter about your 2020, 2019 or 2018 tax return; if Turbo. Tax can’t connect you with a pro, you’ll get a refund. If you want someone to represent you in front of the IRS, you’ll need Turbo. Tax’s audit defense product, called MAX.