I'm not a robot and do not want to check cycles...
on March 13, 2025
Posted by: PI gal
Turbotax is easy to use and understand. I like it for all our taxes - business, trust, personal. What I don't like is the time-consuming INTUIT site asking me to check all the motorcycles or crosswalks or whatever...it is a terrible waste of time.
Better than filling out forms by hand, but not nearly as good as it should be for over $100. The TurboTax Business software is extremely buggy and sends preparers down unnecessary rabbit holes that the program has the data to avoid. For example, the program told me I needed to fill out Schedule J because of a large distribution, but when I read through the IRS instructions that form was only applicable if the trust was formed before 1984. TurboTax has the data in the information section to avoid this.
Also, the accounting elections menu buries some of the most common elections when trusts or estates have operating losses. I missed out on a loss carryforward election because the form isn't available in the forms menu and is buried 4 menus deep in the step-by-step menu. I literally couldn't find it even though the program told me the name of the form to fill out.