I received an e-mail today from Turbo Tax that essentially said the early bird doesn’t get the worm– he gets to revise his tax return.

Dear Valued Customer,

At TurboTax we are committed to helping you receive every deduction and credit to which you are entitled.

We are sending you this notice because at the time you prepared your Minnesota State return, your TurboTax product may not have included functionality designed to help you maximize your K-12 education deductions and credits.

If you did not incur education expenses for your children in tax year 2007, please disregard this notice. This ONLY affects you if you:

1)	Had children who attended Kindergarten through High School (grades K-12) and lived with you more than six months during 2007 AND
2)	Paid education expenses for these children in 2007 AND
3)	Did not receive a credit (Form M1, line 30) or a deduction (Form M1, line 7) on your 2007 Minnesota state return.

To find out if you already received a credit or deduction, print and/or review Form M1 of your 2007 Minnesota state return. If there is an amount on line 7 or line 30, you received your education tax deduction and/or credit and you can disregard this notice.

However, if you think you may qualify for an education credit and/or education deductions you did not receive, TurboTax can help you get the deductions and credits to which you are entitled.

Get started with step-by-step instructions to amend your return.

Sincerely,

Bob Meighan

Vice President, TurboTax

P.S. TurboTax Online for Tax Year 2007 is ONLY available until October 15, 2008. You must file your TurboTax Online amended return on or before this date. To learn more about this deduction and credit, click here. If you do not find the answers you are looking for, or if you still have questions, call 888-777-4160.

This entry was posted on Monday, June 23rd, 2008 at 2:45 pm and is filed under taxes. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.