Customer reviews from turbotax.intuit.com
Intuit - TurboTax Business Federal + Efile 2020 (1-User) - Windows
Average customer rating
3.8
(2,896 Reviews)
Rating breakdown 2,896 reviews
5 Stars
1,332
4 Stars
636
3 Stars
372
2 Stars
265
1 Star
291
Customer Reviews for Intuit - TurboTax Business Federal + Efile 2020 (1-User) - Windows
Customer Rating
1
A lot of program errors.
on February 28, 2021
Posted by: seasidesquirrel
TurboTax conveniently transfers certain data from the previous year’s tax return however; when transferring our 2016 information from our 2015 amended return, TurboTax transferred income and expenses from the previous year which could lead to reporting the wrong information to the IRS and State.
When depreciating assets in TurboTax Business 2016, the program provided contradictory explanations regarding the allowable depreciation amount based on business use percentage (BUP) however; when adjusting the BUP on the Asset Entry Wks in Forms mode, the allowable deduction changed and TurboTax provided less of a deduction when the BUP was less than 100%.
• When taking the path which allows TurboTax to select the best depreciation method, the provided explanation indicated that you could only deduct up to the business use percentage.
• When taking the straight-line depreciation path, the program stated that “Depreciation on the listed property is not limited because the business use is greater than 50%.
• When taking the straight-line depreciation path, the program stated that “Depreciation on the listed property is not limited because the business use is greater than 50%.
When removing the assets from our 2015 return (because we track them in Excel rather than TT), TurboTax did not include IRS Form 4562 in the amended return and it had to be printed separately and merged into the return using Foxit PDF.
When entering our 2016 income into TurboTax Business, TurboTax automatically chooses “Yes” to the question “Did you dispose of any assets in 2016?” even though we didn’t dispose of any assets. I confirmed this also occurs in the 2015 version as well.
Written by a customer while visiting turbotax.intuit.com
Customer Rating
2
Why is this still a separate desktop application?
on February 28, 2021
Posted by: Alyste2
I don't understand why I still need to download a separate piece of software to do business taxes for a multi-member LLC, and why the existing online products are so confusing in terms of whether they support small businesses or not. It's time to move Turbotax into the current decade.
Written by a customer while visiting turbotax.intuit.com
Customer Rating
5
Very easy to use
on February 28, 2021
Posted by: James410
First time doing my taxes as a corporation, and this software made it a breeze to go over just as I do with using Turbo Tax for individual returns.
Written by a customer while visiting turbotax.intuit.com
Customer Rating
1
Product needs serious improvement
on February 28, 2021
Posted by: Anonymous
My experience was lousy in filing a Trust Tax return.
Here's what needs to happen to make this product worth what you charge.
Make it available online at the same site I use to file my personal tax return. Do not force me DOWNLOAD the darn thing. The download took way too long, and is a hassle.
The product did not contain a place to add income from a 1099-R form. Add that.
Here's what needs to happen to make this product worth what you charge.
Make it available online at the same site I use to file my personal tax return. Do not force me DOWNLOAD the darn thing. The download took way too long, and is a hassle.
The product did not contain a place to add income from a 1099-R form. Add that.
Lastly, save the finished return to the normal Intuit site, so the program can find it the next year easily. Today, the program could not find the Trust return I filed last year on this very computer!
I'm an experienced financial services professional, and I'm quite comfortable with technology. This product is a pain to work with. Please improve it.
I'm an experienced financial services professional, and I'm quite comfortable with technology. This product is a pain to work with. Please improve it.
Written by a customer while visiting turbotax.intuit.com
Customer Rating
5
great product
on February 28, 2021
Posted by: Magic Pool Man
Much better than paying big CPA prices! Awesome would recommend
Written by a customer while visiting turbotax.intuit.com
Customer Rating
2
Turbo Tax for Business - once good now below avera
on February 28, 2021
Posted by: Looking4NewWay42021Taxes
After having used TurboTax Business a few years ago for a prior business of ours, this year we started anew company and when we went to do our business taxes ourselves, we ran into problems. What was once a decent program is riddled with glitches and errors and a couple of huge problems I can't believe exist.
1st - Unbelievable that TurboTax still has not integrated with QuickBooks Online. Intuit pushes the online version of its software, but never mentions you won't be able to import the data into TurboTax for Business, which is a desktop only product, so you have to manually enter ALL data or convert you online to a desktop version of QB.
2nd - Be prepared for the review to find errors for blank required entries, which it never seems to cover through the process and requires SEVERAL "reviews" to ensure you've covered them all. Each time finding a new one.
3rd - Keep emailing me a coupon for purchase, but only after I've already purchased Fed and State filing. WHY? and gee thanks for rubbing in my face I could have got a discount had I waited a week.
Not going to cover all of the issues, While it gets the job done, leaves a great deal to be desired. Will be looking for another option next year. Sad too, because the personal version is better.
1st - Unbelievable that TurboTax still has not integrated with QuickBooks Online. Intuit pushes the online version of its software, but never mentions you won't be able to import the data into TurboTax for Business, which is a desktop only product, so you have to manually enter ALL data or convert you online to a desktop version of QB.
2nd - Be prepared for the review to find errors for blank required entries, which it never seems to cover through the process and requires SEVERAL "reviews" to ensure you've covered them all. Each time finding a new one.
3rd - Keep emailing me a coupon for purchase, but only after I've already purchased Fed and State filing. WHY? and gee thanks for rubbing in my face I could have got a discount had I waited a week.
Not going to cover all of the issues, While it gets the job done, leaves a great deal to be desired. Will be looking for another option next year. Sad too, because the personal version is better.
Pros: I bought or sold investments
Written by a customer while visiting turbotax.intuit.com
Customer Rating
5
Great Product
on February 28, 2021
Posted by: barry1967
Great Product. Would use again. So easy to use. Thank you
Written by a customer while visiting turbotax.intuit.com
Customer Rating
3
With a little know how!
on February 28, 2021
Posted by: wendy 1234
A bit of a struggle with QBI, not a normal situation, but I made it work. Did not print enough information for beneficiaries concerning QBI, but again I made it work.
I do appreciate Turbo Tax.
I do appreciate Turbo Tax.
Written by a customer while visiting turbotax.intuit.com