Can't edit forms directly and have correct totals.
on March 8, 2025
Posted by: BRube
I made a mistake entering Owner's Draw. I went to Forms and corrected it. TurboTax did NOT update my balance sheet. After hours of searching I finally found that I had to go back to Step-by-step and enter the value there and then the balance sheet calculated correctly.
Product generally works although it has certain nuances that preparers need to work around. If you have experience in doing income taxes, this software will be sufficient. If you don't have tax experience or are a novice, you should consult a tax expert to prepare.