Taxpayer used TurboTax to prepare his return. He claimed interest on a large business-related loan that was secured by his home. He also made a verbal agreement to his ex-wife to increase her spousal support payments by $3,000, and then claimed an alimony deduction for the higher amount. The IRS disputed these deductions and assessed penalties. Taxpayer then attempted to claim that TurboTax lured him into claiming the deductions. The IRS, and the Tax Court disagreed, and the tax payer had to pay penalties on his improperly filed return.
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