ChatGPT: Money, Bills & Taxes (Page 2)

Have ChatGPT review a finished tax return for missed savings

Matt Koppenheffer redacted their TurboTax return and worksheets and asked ChatGPT in a temporary chat whether they were under-optimized or should take other actions. The first 17-minute run found they had taken a foreign tax deduction instead of a foreign tax credit; switching raised state tax but cut federal tax more, saving money. A couple more hours of back-and-forth produced no further savings, but they say it raised their confidence the return was correct.

Audit a bank statement for zombie subscriptions and price creep with ChatGPT

A banker writing for Evem Finance fed a sanitized bank statement to ChatGPT with a 'forensic accountant' prompt looking for repeating subscriptions, bills that crept up over 6 months, and duplicate charges or unusual fees. The author says it found $200 a month in wasted spending, or $2,400 a year, in 30 seconds.

Poster says:$200 a month ($2,400 a year) found

Find forgotten subscriptions on a credit card statement with ChatGPT

Brian Foster exported their latest statement, redacted sensitive details in macOS Preview, and asked ChatGPT to identify all monthly charges, sort them by service, amount and frequency, and suggest which to cancel. They say it flagged the recurring charges within seconds, grouped them so they could spot ones they didn't remember or hadn't used in months, and suggested which to cancel.