Wednesday, January 21, 2009

42 Million Auditors

Senator Chuck Grassley, R-Iowa, asked, "Did the software prompt you to pay those taxes?"

"Not to my recollection," Geithner answered.

Do any TurboTax users know otherwise from experience?

UPDATE: A reader responds, "I assure you that Turbotax asks very specifically if you got a 1099 or a W2 from your employer. I know it, you know it, the American people know it!"

Hmmm: "About 42 million taxpayers file their taxes digitally with TurboTax software maker Intuit Inc., the clear market leader." About 42 million Americans are going to hear Geithner's answer and say, "that doesn't match up with my experience."

I suspect Geithner did not help himself with that answer.