
Originally Posted by
divingbiker
My coworker whose husband works for IMF said there is no way Tim Geithner could not have known what he was supposed to do when filing his taxes. They are told very clearly, several times a year, what the procedures are for filing taxes. The problem was not with Turbo Tax. Sorry for the hijack...I don't work for Turbo Tax and in fact like Tax Cut better.

I don't know the details and really don't care, but I can tell you that one very bright attorney I know cussed like hEll doing taxes every year both with pen and paper and then Turbo Tax. This was back when our finances were pretty simple and the State of CA made the same consistent mistakes (as an employer) every year. I stopped dreading April when we finally used an accountant.
I still stand by "you get get what you pay for" so if you have finances involving more than 1 paycheck, same house for years, and no investments other than savings, an accountant does not hurt.
Maybe Tim Geithner should have known what he was doing, but that should have included having a professional review his taxes.
Frends know gud humors when dey is hear it. ~ Da Crockydiles of ZZE.