TURBOTAX CUSTOMER REVIEWS

TurboTax Business
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TurboTaxTurboTax Customer Ratings & Reviews
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Rated 4 out of 5 by from turbo tax needs some improvement on 1120s forms I had some problems with the new 7203 form and I would like it to have more detailed explanation on how to fill the form out It was a struggle to get it done this year but I managed. It took quite a while. better explanation would have saved me some time
Date published: 2023-03-02
Rated 5 out of 5 by from TurboTax does it again! We use TurboTax for all our tax return needs. Easy to use and very helpful.
Date published: 2023-03-02
Rated 1 out of 5 by from Incompatible with 2019 QuickBooks Pro Bought the TT Business package. NO indication of an incompatibility with older (not SO old) versions of QB, namely 2019 Desktop Pro. Chats, phone calls, no call backs, useless emails to both INTUIT companies, QB and TT. No solutions, except a force buy of an upgrade to QB. BUT a desktop, standalone version is not available. NOTHING but online cloud servers and annual subscriptions that are more expensive than the value gained, especially for a small business. After nearly 20 years of using both QB and TT Business, alternatives will have to be considered going forward. I finally brute forced manual entries from QB and submitted. It's pretty classless to make an incompatibility that occurred during the fiscal year. Maybe next May for 2020 you should extend it to the next tax year. I may never know
Date published: 2023-03-02
Rated 4 out of 5 by from TurboTax Business still lacks polish If you're going to use TurboTax Business, be sure to take good notes on how you solve all the problems you'll run into while using the product (some of which are due to bugs or lack of good documentation in TurboTax Business). I have a Google doc that is 30+ pages long full of notes that guides me through the process of preparing my S-Corp taxes each year. Without my own notes, it would take several days to prepare taxes with TurboTax each year. The software isn't great, but I've learned to work through the flaws.
Date published: 2023-03-02
Rated 4 out of 5 by from Good; some fields need updating Good program, easy to use. Unfortunately, the system kept issuing an error saying "a distribution was entered" when NOTHING was entered and nothing shows on the line listed.
Date published: 2023-03-02
Rated 1 out of 5 by from Does not work, support no help could not e-file stare return; support nice but no help
Date published: 2023-03-02
Rated 4 out of 5 by from Filing a Virginia return. I had a problem last year and it continued this year. if the company is only doing business in Virginia, it seems that Form 502A is not necessary. Yet, unless I specifically delete the form, I cannot E-file the return. Fortunately, I remembered the problem from last year. I would think that your could fix this.
Date published: 2023-03-02
Rated 4 out of 5 by from Guided entry fails when you stop doing business I have used Turbotax Business for three years of the vacation condo rental activity of the LLC I am a member of (three members). In 2022 we stopped doing business, generated no rental income, had no rental activity, and deregistered the LLC as a foreign corporation. However, the LLC continued to own the condo as an easy partnership vehicle for two families. The business use of the property was zero percent. Turbotax was unable to deal with this situation - it required a disposition of the property, produced errors because of the zero business use, and would not allow electronic filing. I had to use forms, and run them past a CPA. The program needs improvement for this situation.
Date published: 2023-03-02
Rated 4 out of 5 by from Would be great to have product just for trusts This is helpful and makes doing a trust return simpler, but having to pay for all of the business applications makes it much more expensive. It would be nice if Turbo Tax had a product just for trusts that could be less expensive.
Date published: 2023-03-02
Rated 4 out of 5 by from Appreciate the software but flaws are annoying Wish for improved support for reporting Partner's Capital Accounts for small business (when balance sheet isn't required). If you choose to generate, must do all the balance sheet stuff - or flags as error. If not generated, all must be entered as override. For some reason, WI 3-K1 doesn't populate current year increase/decrease and has a flawed source (part 2 question F of Fed K-1 which is a name/addr field). Also at end of preparation, asks if LLC is required to file forms 720, 940, 941, 943, 944, 945, 990 or 1042 without providing ANY info about them.
Date published: 2023-03-02
TurboTax® Business CD or Download Reviews - Page 94
TurboTaxTurboTax Customer Ratings & Reviews
Narrow your results
Select all that apply to find reviewers similar to you.
Own a business
Student
Select a row below to filter reviews:
Rated 4 out of 5 by from turbo tax needs some improvement on 1120s forms I had some problems with the new 7203 form and I would like it to have more detailed explanation on how to fill the form out It was a struggle to get it done this year but I managed. It took quite a while. better explanation would have saved me some time
Date published: 2023-03-02
Rated 5 out of 5 by from TurboTax does it again! We use TurboTax for all our tax return needs. Easy to use and very helpful.
Date published: 2023-03-02
Rated 1 out of 5 by from Incompatible with 2019 QuickBooks Pro Bought the TT Business package. NO indication of an incompatibility with older (not SO old) versions of QB, namely 2019 Desktop Pro. Chats, phone calls, no call backs, useless emails to both INTUIT companies, QB and TT. No solutions, except a force buy of an upgrade to QB. BUT a desktop, standalone version is not available. NOTHING but online cloud servers and annual subscriptions that are more expensive than the value gained, especially for a small business. After nearly 20 years of using both QB and TT Business, alternatives will have to be considered going forward. I finally brute forced manual entries from QB and submitted. It's pretty classless to make an incompatibility that occurred during the fiscal year. Maybe next May for 2020 you should extend it to the next tax year. I may never know
Date published: 2023-03-02
Rated 4 out of 5 by from TurboTax Business still lacks polish If you're going to use TurboTax Business, be sure to take good notes on how you solve all the problems you'll run into while using the product (some of which are due to bugs or lack of good documentation in TurboTax Business). I have a Google doc that is 30+ pages long full of notes that guides me through the process of preparing my S-Corp taxes each year. Without my own notes, it would take several days to prepare taxes with TurboTax each year. The software isn't great, but I've learned to work through the flaws.
Date published: 2023-03-02
Rated 4 out of 5 by from Good; some fields need updating Good program, easy to use. Unfortunately, the system kept issuing an error saying "a distribution was entered" when NOTHING was entered and nothing shows on the line listed.
Date published: 2023-03-02
Rated 1 out of 5 by from Does not work, support no help could not e-file stare return; support nice but no help
Date published: 2023-03-02
Rated 4 out of 5 by from Filing a Virginia return. I had a problem last year and it continued this year. if the company is only doing business in Virginia, it seems that Form 502A is not necessary. Yet, unless I specifically delete the form, I cannot E-file the return. Fortunately, I remembered the problem from last year. I would think that your could fix this.
Date published: 2023-03-02
Rated 4 out of 5 by from Guided entry fails when you stop doing business I have used Turbotax Business for three years of the vacation condo rental activity of the LLC I am a member of (three members). In 2022 we stopped doing business, generated no rental income, had no rental activity, and deregistered the LLC as a foreign corporation. However, the LLC continued to own the condo as an easy partnership vehicle for two families. The business use of the property was zero percent. Turbotax was unable to deal with this situation - it required a disposition of the property, produced errors because of the zero business use, and would not allow electronic filing. I had to use forms, and run them past a CPA. The program needs improvement for this situation.
Date published: 2023-03-02
Rated 4 out of 5 by from Would be great to have product just for trusts This is helpful and makes doing a trust return simpler, but having to pay for all of the business applications makes it much more expensive. It would be nice if Turbo Tax had a product just for trusts that could be less expensive.
Date published: 2023-03-02
Rated 4 out of 5 by from Appreciate the software but flaws are annoying Wish for improved support for reporting Partner's Capital Accounts for small business (when balance sheet isn't required). If you choose to generate, must do all the balance sheet stuff - or flags as error. If not generated, all must be entered as override. For some reason, WI 3-K1 doesn't populate current year increase/decrease and has a flawed source (part 2 question F of Fed K-1 which is a name/addr field). Also at end of preparation, asks if LLC is required to file forms 720, 940, 941, 943, 944, 945, 990 or 1042 without providing ANY info about them.
Date published: 2023-03-02
TurboTax® Business CD or Download Reviews - Page 94