apparently so, though i have had luck in recent years up until this year.
apparently the problem was triggered by me trading in an auto that i used for business in 2015 and buying a new auto.
another problem (which appears to be a real bug) is that if i make two federal estimated tax payments for the 4th quarter and i use the date 1/17/2017 as the date paid, it only records and uses the first payment i entered, and ignores the second payment i entered. this can lead to incorrect results (in the fed’s favor) if uncorrected. the workaround is to add manually the two or more payments and enter only the total payment as one single payment.
scary!!
TT got to be too troublesome and buggy for me three years ago, and I went to a local CPA to have my taxes done. Best $700 I spent all year. The CPA is literally a lifelong friend of a neighbor and I trust him. His attitude toward the messes from Turbotax that people bring him is the trash bin. So glad I don’t have to fret over answering TTs loaded questions anymore to get he right answer.
TC
A trade in on a business vehicle IS a like-kind exchange. Read the pubs. PS you probably don’t want to be your own physician either. Enjoy the audit.