Many Americans Trust ChatGPT for Taxes Despite Experts Urging Caution with AI Chatbots
• Nearly 1 in 5 Americans would trust AI chatbot ChatGPT to review taxes, but experts warn to be cautious using them to file returns.
• AI chatbots like ChatGPT aren't ready for personalized tax advice and could provide inaccurate information.
• Some tax software companies like TurboTax and H&R Block are unveiling new AI chatbots, but they still rely on human experts.
• AI chatbots may have data security issues and leak personal information when inputting financial details.
• Taxpayers should verify any AI-generated tax information on IRS.gov or with a professional before filing returns.