Rated 3 out of 5 by WILLIAMTBONE PROBLEMS WITH FILING
WE HAD A K1 FROM AN LLC INTO A TRUST AND THE PROGRAM WOULD NOT ALLOW BOTH RENTAL INCOME AND A GENERAL BUSINESS LOSS ON THE K1 WHICH WAS DUE TO THE $800 ANNUAL LLC FEE IN CALIFORNIA
March 7, 2015
Rated 5 out of 5 by WarrenH Very Straightforward
I have used TurboTax for years for my personal income. It was a natural choice when I started a business this year. I'll admit the prospect of filing business taxes was a bit daunting. TurboTax took away all my concerns.
March 8, 2015
Rated 5 out of 5 by Bob82 Simplifies complicated process
Cannot input accounting data easily. You need to have everything set up in accounting software knowing which tax form and line they belong. You also need the latest version of accounting software or it will not transfer.
March 15, 2015
Rated 5 out of 5 by ABVInc Great Product, great guidance, great protection...
Great Product, great guidance, great protection with the audit trigger alert and fairly inexpensive audit protection option. if your documents are in order, this process is a snap.
March 15, 2015
Rated 3 out of 5 by GDHunt Ask some questions twice
When doing state it asked if real estate owned which is our business and if you say yes you hae to enter every location but if you say no all the info is transfered over from the federal return. That does not make sense.
April 6, 2015
Rated 5 out of 5 by jimmil47 The only way to go !!
I have been using this program since 2007. At first I was not comfortable with the electronic idea. However, after using it all these years, I would recommend it to anyone who wants to be able to do their own taxes. It is like having your own Accountant, but without the much higher costs.
Just a great program !!!!! Anyone can do it !!!
March 13, 2015
Rated 5 out of 5 by Ivancicacoka Loved my Refund!!!
Love it and this is the best TAX program so far. Thank you.
March 27, 2015
Rated 2 out of 5 by TCRZ Many problems with turbotax 2014
I was charged $52 for the Wisconsin state return and then discovered that it was not available. I have still not been able to
figure out how to print a copy of my return. This has been a very, very frustrating experience.
February 23, 2015
Rated 5 out of 5
by KRHKelle Turbo - YOU make it easy!!
This year I had to enter my first BIG Asset and take a depreciation and I was very nervous, but Turbo Tax walked me through it and it was a breeze!! I have used Turbo Tax for over 5 years and will be back again next year.
February 5, 2015
Rated 5 out of 5 by amtax makes my job easier
turbotax saves our small business money by streamlining taxes so we can do them ourselves. I still have to know the basics, but it's so nice having the software do the grunt work.
March 17, 2015
Rated 3 out of 5 by GDHunt Transfers pretty good
State ask, do ou own or rent any real estate in PA. Our business is owning and renting real estate in PA. You have to answer NO or it ask you to enter all of your properties that are already entered on the federal return.
March 23, 2015
Rated 3 out of 5 by Yoga355 Challenging for a first time small business filer
i didn't realize, until it was too late, that my Quickbooks account would not be able to import into TurboTax for Business. Was very challenging without this ability to integrate.
April 13, 2015
Rated 2 out of 5 by PAETaxed Problems with Trust Application
I had difficulty e-filing my simple Trust federal return because TT generated an unneeded Form for an Investment Interest deduction. Once I figured out the form was unnecessary for my return and deleted it the e-filing went through. Nevertheless, the whole process was aggravating as I went round and round trying to insert the required "0"s.
April 11, 2015
Rated 2 out of 5 by JimJohnson44121 Be careful with this product
There are many bugs in Turbotax. Examples:
-I changed my tax year start date in the "step by step" process. This date was not updated on any of our forms: K-1s, 1180, etc. I had to go through and manually change them all.
-I changed a depreciation amount and it left the field blank in the form that was printed. I had to search online for other users' posts on the turbotax help site to fix it.
Another annoyance are questions like "Do you need to pay the 8800(b) tax this year?" (8800(b) is ficticious, but you get the idea). There is no assistance from Turbotax in determining whether or not I need to pay it, so I go to Google.
Unfortunately, it is the only system I know that improves upon simply filling the forms out myself. It saves time. But the dangerous bugs really raise cause for concern.
April 12, 2015
Rated 5 out of 5 by LunaB Still easy
I had some questions about definitions of certain things related to taxes and could not easily find answers to them, so I had to google them. Also I wish they kept the Q&A separate business from personal, so one does not have to go through a ton of personal questions before actually finding the business one needed to proceed with the returns.
June 1, 2015
Rated 4 out of 5 by dougr12 good overall
Program was very good until i came to balance sheet portion. I think the program should allow me to adjust retained earnings to balance the books. But it will not let me do that.
February 28, 2015
Rated 2 out of 5 by yiddishbear The software insists that all entries on schedule L and schedule M should be blank! Individually deleting the entries and/or deleting the entire form does not solve the problem. Consequently I am unable to file the return!
March 7, 2015
Rated 5 out of 5 by RG29 Very Helpful!
Have been using turbo tax for 10 years. Great product!
March 5, 2015
Rated 3 out of 5 by BDG1976 E-filing was a problem - had to uninstall and reinstall program before it would transmit the return.
Printing was a printing - went to Microsoft Word and it split it up, did not look or print out as a tax return. Used to be one step printing. Pain in the neck. HAd to save as a PDF and then open Adobe to get it to print our as a proper tax return.
March 14, 2015
Rated 5 out of 5 by Twirly99 Great Help Desk
I could not figure out how to delete a form that was preventing me from filing by e-file. Received a help desk number and the lady that helped me was quick and right on top of it. Had the error corrected in no time. She stayed on the line with me to make sure I was able to complete the e-filing. Great experience when use of many help desks are not.
March 13, 2015
Rated 5 out of 5 by thescoopie123 Awesome and Easy
Love Turbo Tax! I would definitely use them again!
June 1, 2015
Rated 5 out of 5 by CRG98535 As a small business owner, I really appreciate how Turbo Tax makes filing my taxes easier. I get better at it each year and plan to continue to use their great products. Thanks!
February 2, 2015
Rated 4 out of 5 by mknight9 The best computer based tax preparer!
I have used several TurboTax products for over 10 years. I have tried two other companies' products. Although TurboTax costs more, you definitely get what you pay for, and more!
February 19, 2015
Rated 5 out of 5 by JeffHorow Easy 1099's
Had to prepare 1099's for a family member's small business. Very simple with Turbo Tax Business. It easily imported last year's info and allowed for the addition of more 1099's.
February 22, 2015
Rated 4 out of 5 by Lwmson Tax Refund complete
Made filing my S-Corp taxes painless. Great tool!
March 28, 2015
Rated 4 out of 5 by acurtis s corp
This program saved me numerous fees from the cpa
March 17, 2015
Rated 3 out of 5 by SMfromNC S-Corp Experience
In the Step-by-Step It is often not clear what an entry is and what it is used for. The depreciation and asset management is very, very confusing and hard to match to my books.
March 11, 2015
Rated 4 out of 5 by Oldturbouser Made life easier
Overall, the program was a lot more useful that trying to do it with the IRS hardcopy forms. TurboTax does most of the work for you based on answers to the questions they pose.
March 10, 2015
Rated 4 out of 5 by Terry1505 TurboTax Business 2014
Our partnership has a foreign partner which requires Foreign Partner's Information Statement (Form 8805) and Annual Return for Partnership Withholding Tax (Form 8804). Turbo Tax Business 2014 did not provide for these forms.
April 6, 2015
Rated 3 out of 5
by dchamb Getting better but could stand some improvements
This is my third year using TurboTax Business to manage my parent's estate taxes. Each year the software is better but I would still like to see it do more of what regular TurboTax does. For example, a huge timesaver would be importing investment data directly from the broker. It takes considerable amount of time to manually enter this into TurboTax for Business. Also, the transfer option was a bit quirky. It initially set the "Complex" type of trust instead of "Simple" as it was in last year's return. This made for more time consumed tracking down why there were so many differences. I suppose changing fields such as that caused other forms to be generated that weren't needed in the final final, but you have to spend time chasing down why a particular form is there in the first place. Example was Form 4952, which I had to manually delete in order to get my return to efile. The form served no purpose for my filing.
March 24, 2015