I tried to do my personal taxes myself with TurboTax this year, but decided my situation was more complicated than I could handle, so filed an extension and decided to engage a CPA. He missed a few items in his initial draft, so I am naturally checking subsequent drafts very carefully, and have a few concerns.
Because of the pre-work I did in Turbotax, I had something of a preview of the numbers and the information required to complete the forms. Here are the questionable items:
As noted in this post , I received a share award which resulted in a short term capital loss. Actually the reason I asked the question is that it was not included in his initial draft (it was one of the things he missed). He has included this on Schedule D line 1a, but I don't see any details on the actual transaction.
Semi-related, Turbotax asked me to fill in individual stock sales with proceeds and cost basis information. I provided this to him, but don't see the detailed transactions documented anywhere. Again, it seems to be documented on Schedule D in boxes 1a and 8a.
I received a 1099-Q for a 529 distribution for a family member. It was used for qualified expenses, so should not be taxable. Turbotax asked me to the beneficiary's name and SSN. He has not asked for this information, and I don't see anything about the 1099-Q in his draft.
I started my own company last year in May, so did not start paying estimated taxes until the Q2 payment. I believe I paid the correct amounts based on my (possibly flawed) understanding of estimated taxes. His initial draft had me paying a penalty. I explained my situation for the year, and his next draft had the penalties removed, with no documentation or explanation.
Do these all seem reasonable, or should I be concerned about these items?