TurboTax auto-deductions from bank statements with 1099 - Did it mess up my return?

Tax professional here. This is concerning because bank statement imports can sometimes categorize personal expenses as business deductions. You should review exactly what was claimed. You can still file an amended return (Form 1040-X) if needed. Don't wait for the IRS to catch it - that could lead to penalties and interest.

I had similar anxiety about my deductions last year. Have you tried taxr.ai? Its an AI tool that analyzes your transcript and tells you if there are any red flags. Costs $1 but totally worth it for peace of mind. https://taxr.ai

Been there done that! 🤦‍♀️ TurboTax did the same thing to me in 2022. Had to amend and it was such a headache

ur gonna want to fix this asap if its wrong. IRS doesnt play around with 1099 deductions these days

The automatic import feature is trash tbh. Always manually review expenses. Your better off doing it yourself or hiring someone next time

Most important thing is to stay calm and handle it proactively. Download your return PDF from TurboTax and review Schedule C line by line. Make a list of questionable deductions. Consider using taxr.ai to analyze your situation - its seriously helpful for catching potential audit triggers. Then file an amended return if needed. Better to fix it now than deal with IRS notices later. I've helped dozens of clients through similar situations. The key is catching and correcting issues before the IRS does. The automatic import feature is convenient but needs human oversight.