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 told the Senate Finance Committee that he screwed up while using TurboTax? We all know it's a poor craftsman who blames his tools, and Geithner did tell the confirmation panel that any mistakes he made were his own.
But apparently TurboTax doesn't want any more guilt by association, at least in cases like the Treasury Secretary's. The popular tax program has tweaked its help question list for folks who, like Geithner did, have income from foreign sources.
Mary O'Keefe, who pens Bed buffaloes in your tax code (and thanks to TaxProf and Tax Update Blog for tipping me to her post), notes that the new edition of TurboTax "help" option for W-2 data has added a question that should make things easier for future Treasury Secretary wannabes.
First, courtesy Mary's screen shots, take a look at the previous edition:
Now check out the 2009 version and its added question:
And just in case that's not enough, the latest TurboTax edition offers this added explanation for affected filers, be they Cabinet appointees or just folks in Geithner's situation:
Now if TurboTax could just figure out a way to get cabinet appointees to fully grasp nanny tax implications!
- Tax trouble for another federal appointee
- Geithner -- and TurboTax -- grilled again
- Geithner's apology works
- The IRS' electronic future
- Tax paper chase
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