What is Form 4952: Investment Interest Expense Deduction (2024)

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• Audit Support Guarantee: If you receive an audit letter based on your 2022 TurboTax individual return, we will provide one-on-one question-and-answer support with a tax professional, if requested through our Audit Support Center, for audited returns filed with TurboTax for the current tax year (2022) and, for individual, non-business returns, for the past two tax years (2021, 2020). Audit support is informational only. We will not represent you before the IRS or state tax authority or provide legal advice. If we are not able to connect you to one of our tax professionals, we will refund the applicable TurboTax federal and/or state purchase price paid. Limitations apply. Excludes TurboTax Business products and services. See License Agreement for details.
• Lifetime Guarantee: Includes a combination of coverage for the full 7-year lifetime of your individual tax return (excludes business returns).
  1. 100% Accurate Calculations Guarantee: In the event of an IRS or state penalty or interest due to a TurboTax calculation error on your TurboTax individual tax return, we'll pay you the penalty and interest.
  2. Maximum Refund Guarantee: Ensures your best tax outcome coverage for the 7-year life of your TurboTax individual tax return. If you get a larger refund or smaller tax due from another tax preparation method, we'll refund the applicable TurboTax federal and/or state purchase price paid. (TurboTax Online Free Edition customers are entitled to payment of $30.)
  3. Audit Support Guarantee: In the event of an audit letter from the IRS or State Department of Revenue relating to your TurboTax individual tax return, Intuit will provide free audit guidance from a tax professional available to help answer your audit questions.
  
  This Lifetime Guarantee combination applies to TurboTax Online, TurboTax Live and TurboTax Desktop individual returns. Limitations apply. See full terms and conditions. Excludes TurboTax Online business products and TurboTax Desktop business products.
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