Customer Reviews for TurboTax - Business 2024 Federal Only + E-file - Windows [Digital]
Customer Rating
5
Excellent product but one issue with Depreciation
on March 10, 2025
Posted by: LessTaxes101
from Dallas, TX
After filing my Form 1065 by mail for many years, I transitioned to electronic filing for 2024. I spoke with an agent, Denise, who worked with me to answer all my questions. She was very qualified and professional. I finally bought a TT Business Desktop version. I found one issue - with including the depreciation of the property purchased before the start of my LLC, and which I had been depreciating when doing the Form 1065 by hand. I had to put in the start date of my LLC, and TT will only allow depreciation after that date.
with no way to import brokerage information for my Trust return this was so much harder than is should be. And no state return included is also a rip-off. And having to buy a complete separate product to file a 1041 for a Trust is also a rip-off
Product not integrated with QB Online, which Intuit forced me to get since they no longer offer QB desktop. I could not import accounting records from QB online, so had to input accounting informations manually. Terrible!!! Integration between Turbo Tax and Quickbooks was a given and made their products user friendly. No they are the opposite. Their support is also terrible. Looking for alternatives.
TurboTax Business does an extremely poor job of handling 1031 exchanges that cross tax year boundaries. Given the window of time allowed for the closing on the replacement property to occur (6 months) this situation should be handled much better