Customer Reviews for Intuit - TurboTax Business Federal + Efile 2020 (1-User) - Windows
Customer Rating
3
Ok Product, but same errors/issues Year After Year
on February 14, 2021
Posted by: Foxy42
I've used TurboTAx for close to 20 years to file S-Corp Fed taxes. I continue to use it, for the ease of transferring from QuickBooks and carrying forward information from one year to the next. However, for many years there has been an issue in which TurboTax adds inventory twice to Schedule L - Assets. Inventory is correctly on Line 3, and is added again on Line 6 (from a separate schedule). I cannot understand how something so fundamental can continue to occur year after year. At least I know exactly what to look for and how to correct it. I also have become adept at understanding the differences between how QuickBooks builds a balance sheet, vs. how Turbo Tax builds and balance sheet and the differences between Quickbooks COGS and TurboTax COGS. My ability to recognize and fix the odd behavior in TurboTax also makes me come back to TurboTax year after year - at least I know how to correct the errors myself.
Pros: I moved
Written by a customer while visiting turbotax.intuit.com
Customer Rating
4
Works well
on February 14, 2021
Posted by: Anonymous
Relatively happy with Turbo Tax. It is a good program for the price.
Pros: My employment status changed this year
Written by a customer while visiting turbotax.intuit.com
Customer Rating
4
TurboTax Business is a good product
on February 14, 2021
Posted by: Greendale16
Cenetha Mitchell was excellent at helping me fix the TurboTax Business glitch.
Written by a customer while visiting turbotax.intuit.com
Customer Rating
2
Turbo Tax you have some work to do
on February 14, 2021
Posted by: Debbie W
Turbo Tax, you have some work to do on S corp stock basis worksheets! They are needed for the shareholders' tax returns. I could not find where you could check a box to have the worksheet prepared...I did see where they would print but the worksheet had no numbers on it. And you need to add it to the 1040 return...currently you cannot efile a 1040 with a S corp stock basis workpaper
Written by a customer while visiting turbotax.intuit.com
Customer Rating
5
Easy to use, great for a small business like mine!
on February 14, 2021
Posted by: Dr Julie
Have used Turbotax for the past 5 years after I downsized my small business and was able to do it on my own (mostly). Does the job for you with fairly good explanations for what can be confusing accounting terminology. Just did my final corporate return, thanks TurboTax!
Written by a customer while visiting turbotax.intuit.com
Customer Rating
4
TurboTax Business does what I need it to do
on February 14, 2021
Posted by: Moms Kids
Been using TT for years on my personal so when my sibs and I created a LLC to manage some investments, TT Business was our chosen platform. Does more than we need it to but it really doesn't take long and is good to create our K-1s. We don't have W2s or 1099s.
Pros: I bought or sold investments
Written by a customer while visiting turbotax.intuit.com
Customer Rating
4
Saved Me Money
on February 14, 2021
Posted by: bdy99
Easy step by step process that gave me the same results as going to pay hundreds of dollars at a tax firm!
Written by a customer while visiting turbotax.intuit.com
Customer Rating
5
Much less stress than with HRBlockheads
on February 14, 2021
Posted by: Arizona Rattler
I hit my frustration limit with HRBlock BS!!! I did not want to have to dig thru and re-enter, but TT made it pretty easy.
Pros: I bought or sold investments
Written by a customer while visiting turbotax.intuit.com