Hard to jump to section needed. Use to be able to use Help or Search and Jump To that section, but cannot do that any more. Please put it back in. How can it keep needing software updates into the summer and fall? Poor user experience. Convoluted process.
TurboTax Business is the PERFECT program for our small business! It is very user friendly and is very thorough in the questions asked. Love using it every year and makes the stress of taxes virtually stress-free.
This was my first time using TurboTax Business to submit taxes for a trust. My biggest issue is that I was surprised that there was no user interface or instructions within the product to support entry of a 1099-R. Even if the IRS has different requirements for handling 1099-Rs, to help your users, TurboTax should provide a user friendly way to enter the 1099-R information, and then handle the information to meet the IRS requirements. Instead, the users are left to search through the messages of other users, and read IRS and State instructions.
Additionally, I wanted taxes to be paid by the trust, not the beneficiaries. Even after searching and reading through input from other users, the only way I could figure to do this was to say that I did not make any distributions in 2024 (so the trust paid the taxes). The trust will have very little income in 2025, so I'll report the distributions and generate K-1s next year. Hopefully, this won't get me in trouble.
On the positive side, this was certainly easier than filling out all of the forms manually.