Claude AI does Redditor's taxes, TurboTax called cooked
Source: inc.com
TL;DR
- Reddit user sqlgenius claims Claude AI completed their 2024 and 2025 federal and state tax returns in 15 minutes by analyzing their tax folder.
- Claude matched TurboTax results exactly, leading sqlgenius to short $100,000 of Intuit stock and declare TurboTax "cooked."
- Experts warn AI lacks security, current tax law updates, and e-filing, limiting it as a full replacement for tax software.[[1]](https://www.inc.com/melissa-angell/claude-did-this-redditors-taxes-they-claim-intuit-is-cooked/91328075)[[2]](https://www.reddit.com/r/wallstreetbets/comments/1sgtwub/claude_just_did_my_taxes_intu_is_cooked)
The story at a glance
A Reddit user on r/wallstreetbets shared how they used Anthropic's Claude AI to prepare their taxes, claiming it worked as well as Intuit's TurboTax. The post by sqlgenius, which got thousands of upvotes, sparked talk of AI disrupting tax prep companies. It's being reported now amid growing AI tools for everyday tasks and Intuit's own AI partnerships.[[1]](https://www.inc.com/melissa-angell/claude-did-this-redditors-taxes-they-claim-intuit-is-cooked/91328075)
Key points
- Sqlgenius pointed Claude at their tax folder, typed "do my taxes," and got completed federal and state returns for 2024 and 2025; Claude asked follow-ups and carried over WallStreetBets-related trading losses.[[1]](https://www.inc.com/melissa-angell/claude-did-this-redditors-taxes-they-claim-intuit-is-cooked/91328075)
- Results matched what TurboTax produced when sqlgenius tested the same data without paying to file.[[1]](https://www.inc.com/melissa-angell/claude-did-this-redditors-taxes-they-claim-intuit-is-cooked/91328075)
- Sqlgenius announced shorting $100,000 of Intuit ($INTU) stock, writing "TurboTax is cooked."[[2]](https://www.reddit.com/r/wallstreetbets/comments/1sgtwub/claude_just_did_my_taxes_intu_is_cooked)
- TurboTax offers free filing for simple returns but charges up to $209 for complex ones or expert help; Claude has a free tier with limits and paid plans at $17 or $100 monthly.[[1]](https://www.inc.com/melissa-angell/claude-did-this-redditors-taxes-they-claim-intuit-is-cooked/91328075)
- Intuit partners with Anthropic and OpenAI, including a February deal to integrate tax expertise into Claude models and a $100 million OpenAI payment.[[1]](https://www.inc.com/melissa-angell/claude-did-this-redditors-taxes-they-claim-intuit-is-cooked/91328075)
- Tax forms done via Claude must be mailed, as it lacks e-filing; IRS Direct File pilot ended under Trump after lobbying by Intuit and others, with 300,000 users in 2025.[[1]](https://www.inc.com/melissa-angell/claude-did-this-redditors-taxes-they-claim-intuit-is-cooked/91328075)
Details and context
Tax experts highlight risks with AI for taxes. Tax laws change often, and general AI like Claude may use outdated info or miss nuances. Wendy Walker of Sovos noted this could lead to errors.[[1]](https://www.inc.com/melissa-angell/claude-did-this-redditors-taxes-they-claim-intuit-is-cooked/91328075)
Intuit pushes back on replacement fears. Their spokesperson said AI is a "general discovery tool," not a secure platform with decades of tax expertise.[[1]](https://www.inc.com/melissa-angell/claude-did-this-redditors-taxes-they-claim-intuit-is-cooked/91328075)
The Reddit post ties into broader AI worries for software firms. Intuit now integrates TurboTax tools into Claude and ChatGPT for expert-backed help, showing adaptation rather than doom.[[3]](https://blog.turbotax.intuit.com/tax-help/turbotax-on-claude-chatgpt-for-ai-tax-help-144205)
Key quotes
"The premise that these models will replace specialized tax platforms misses a critical distinction: the difference between a general discovery tool and a secure execution, accurate platform that brings decades of trusted expertise." – Intuit spokesperson[[1]](https://www.inc.com/melissa-angell/claude-did-this-redditors-taxes-they-claim-intuit-is-cooked/91328075)
Why it matters
AI tools like Claude are testing traditional tax software's hold on routine prep work. Tax filers could save time and money with AI but face risks from errors, audits, or no e-filing, while businesses like Intuit adapt through partnerships. Watch Intuit's AI integrations and any stock moves from similar hacks, though one user's success does not prove broad reliability.[[1]](https://www.inc.com/melissa-angell/claude-did-this-redditors-taxes-they-claim-intuit-is-cooked/91328075)