Creating 1065 return was fine. Creating pdf's of partner k1's was painful and time consuming. Software repeatedly generated only the first 9 partner k-1's. No troubleshooting fixes remedied problem, which forced a very time consuming process of taking the master pdf containing all cover letters and k-1s (uncollated) and creating individual pdf's emailed to each partner.

After 5 years, still cannot enter a 1099-oid into turbotax business. Still cannot import 1099's etc from brokerages. Now you broke the import last years data. It imported 75 1099's, and then created 150 more blank entries for state XX each that have to be manually deleted. Faster to JUST START OVER. Next year, I will start over again. WITH A DIFFERENT PRODUCT! Shame I cannot give this a negative 5 stars.

To complete a trust return using this version is not as easy as using the home & business for individuals. This trusts holds property and investments. There should be an easier way to enter and classify things like a required minimum distribution from an IRA or state tax refund. On 1099-B entries there is not a good way to enter accrued market discounts on a sale. The foreign tax credit input process is also challenging to maneuver. Just a number of things that are more difficult to complete compared to using the individual versions when preparing a trust return.

This is a good product but for trusts, the questions can be lacking and additional info will not help you unless you are well versed in complex trusts. It will not give you guidance on potential ways to optimize tax rates. You MAY have this flexibility depending on distributions and the number of beneficiaries. I have used this product to do my trust return(s) for ten years.

Not super easy to use, but was less expensive than going to an accountant. With a little help, it did what we needed on the Federal side. Wish the download was available on a Mac and also wish you offered the Ohio IT 1041. Somewhat expensive for only using the Trust portion of the software.

Federal Return was fine. Treatment of the California AB150 PTE tax option was confusing and not a straight walk through like the rest of the program. Having all of the various estimates together would have been helpful as well as a one page summary of tax situation and to-do list.

I called for assistance with the 2024 Desktop AZ 120S Corp Tax Return. The first supervisor was not familiar with Corp Return and kept telling me I needed a Tax Preparer when I was telling her it was and EFile error due to overrides, but I had to do overrides as the system was not populating. Called back and reached Samantha who was the bomb! She wasn't that well versed on the Corp side either but she was typing to get help as we were talking out the problems and trying to find solutions. After 1hr45min, she received a message about right clicking on box and click on Data Source which took us to the page where the error of an unchecked box for Voluntary PTET was. Once we checked the Box, all other questions and amounts populated. So Samantha hung in there and found someone that gave us the Data Source solution. Thank you so much for all your help. They are very fortunate to have an employee like Samantha who was going to be on the phone with me until we got the issue resolved. Well Done!

When a correction or omission needs to be completed, it would be helpful if something was explained as to what/why it has to be corrected, rather than just showing a red box that requires a submission. It would help me know what to put in the red area. Otherwise, for some occurrences, I have to guess what to enter and then see if I get an error message.

Pretty good. As a professional trader, it wasn't clear to me that I could just use the prompts to complete my biz return. It would be really helpful if the prompt sections displayed the forms that they are related to. For example, I couldn't find the prompt section that would automatically complete Form 4797; so I completed it manually. Also, it wasn't clear to me how to get the Form 1120S Continuation Statement for M-2 Line 3, Other Additions. I'm hopeful I didn't need it since I only had 1256 Contracts & Straddles to report this year. However, there may be times when interest income will be entered here as well, and I believe I would need the continuation statement to include multiple entries. Other than these perceived gaps, it went pretty smoothly.

TurboTax Business provides clear guidance for completing tax returns and is user-friendly. I have used it for many years. However, since last year, the Software Updater has not been working. I followed the troubleshooting instructions and even tried manually updating using the "Windows_PC_TurboTax_Business_Download" option, but it still did not work. It has been a very frustrating experience. At this point, I am unsure if I will continue using TurboTax Business. Hope that this issue can be resolved.