Customer reviews from turbotax.intuit.com
Intuit - TurboTax Premier Federal & State Returns + Federal E-File 2014: Investments and Rental Property
Average customer rating
4.3
(16,551 Reviews)
Rating breakdown 16,551 reviews
5 Stars
8,957
4 Stars
4,883
3 Stars
1,492
2 Stars
745
1 Star
474
Customer Reviews for Intuit - TurboTax Premier Federal & State Returns + Federal E-File 2014: Investments and Rental Property
Customer Rating
3
I Still Prefer Turbo Tax
on April 14, 2015
Posted by: MerciC
I find that the continued re-design of the program that has taken place for the past two-to-three years has rendered the experience less satisfactory from an informational basis. One example has been the difficulties I have encountered in trying to have the program allow me with the ability to, and option of, adjusting the estimated taxes to the amount that I want to pay over the next four quarters pertaining to my 2015 return. There were other issues that right now I cannot recall but all in all I found TT for 2014 to be less user friendly than the issues from prior years.
What's great about it: The guided steps
What's not so great: There wasn't as much information available to the user as there has been in previous years.
Written by a customer while visiting turbotax.intuit.com
Customer Rating
4
Finished in time!
on April 14, 2015
Posted by: Buffysings
This customer did not provide a text review.
What's great about it: The Premier version helped a lot with my rental property.
What's not so great: Refund amounts kept changing for no reason even after I repeated the process and answered the same way!
Pros: I bought or sold investments
Written by a customer while visiting turbotax.intuit.com
Customer Rating
5
Super taxes
on April 14, 2015
Posted by: deborahpadres
having a rental property can be confusing. turbo tax makes it easy with all the questions. this is probably my 6th year with turbo tax and i love it
What's great about it: super easy
Written by a customer while visiting turbotax.intuit.com
Customer Rating
5
easy tax prep
on April 14, 2015
Posted by: turbotaxsteve4
nice to see the running total tax
What's great about it: simple to use
What's not so great: still have to find my data to input :-) (none)
Written by a customer while visiting turbotax.intuit.com
Customer Rating
4
Rental Purchase Questionairre is very INCOMPLETE
on April 14, 2015
Posted by: SlumLord
Program is helpful for established rentals, but was very weak on verbiage when buying new rental properties and putting them into service. Most questions regarding entry of purchase data was ok, until you got to the Land/Improvements breakdown, which took MUCH research to figure out that it was just looking for a loosely supportable but not de facto ballpark ratio of say 20% LAND, and 80% Building/Improvements. Then you do the disservice of only asking for things that help to establish the Cost Basis (items that help to establish long term Depreciation), and you leave out asking for Points that were paid as part of the purchase (which are also Amortized/Depreciated over the life of the loan). So there's no reason that all of that can't be asked in the "Bought a New Rental Property" questionnaire. Instead you are left hanging to figure out an eloquent way to enter the points, which I did by running the "Refinanced this Year" questionnaire and then changing the Depreciation Asset title from "2014 Refinancing Fees", to "2014 Financing Fees". So if you keep that separate, you should be somewhere be asking if you had Financing Fees and Points to enter on this year's new purchase. Additionally, according to your questionnaire wording and help, there are many amortizable fees such as: Origination Fees, Appraisals, Inspections, and Credit Report Fees that appear on the Refinance questionnaire that DO NOT appear on the Purchase/New Rental Property questionnaire. So based on all of that, unless users spend about 16 hours researching and comparing as I did, most will be leaving allowable amortizable depreciation items on the table because they were not specifically addressed in your Purchase/New Rental Property questionnaire. At best, some might think to list the Points manually, but lose other deductions. So that questionnaire is really incomplete and therefore misleading. For what I am paying for the Rental version of this program, I expect you to have a more thoroughly tested and intelligent product. If you send someone through a Purchase/New Rental Property questionnaire, it should be thorough and cover at least all common situations so that at the end of it, the user is done with that property except for entering unique expenses. Additionally, kudos for alerting me to Section 1.263#a#-1#f# de minimis safe harbor election, however it needs lots of refinement as there is crossover in the questions that would have you both Expensing and Depreciating such items #rather than one or the other#. Questions regarding contributions to a Traditional IRA should be more clear, and in big print: "That this type of IRA is NOT generally the plan provided by your employer". It is there in the fine print, but way too small, and many are probably double-booking their IRA contributions because of this. I skimmed to see that a 403B is an allowable plan so thought it was referring to my employer plan and missed that it was not for employer plans. This needs to be a BIG WARNING right off of the Explain This ?
What's great about it: I learned stuff ...
What's not so great: It took 16 hours of my own research to confirm what TurboTax should have told me ...
Pros: I bought or sold investments
Written by a customer while visiting turbotax.intuit.com
Customer Rating
5
Easiest Year Yet!
on April 14, 2015
Posted by: poortaxpayer14
This years edition of TT gets my applause. I was impressed with the direct, uncomplicated questions. I've been using TT since 1999, 2014 is the best!
What's great about it: Easy to navigate, clear questions and explanations.
What's not so great: Slow update download
Written by a customer while visiting turbotax.intuit.com
Customer Rating
5
I discoved more deductions for a biger refund
on April 14, 2015
Posted by: JoeLouise
I have being using TurboTax for 10 years because I trust that it will give me the best return for what I have. I would recommend turbotax to my, best friends. I have already.
What's great about it: It walk me thru each step, great.
What's not so great: nothing
Pros: My job status changed this year (switched jobs, lost a job, got a raise or promotion)
Written by a customer while visiting turbotax.intuit.com
Customer Rating
5
on April 14, 2015
Posted by: GaveTooMuch
Turbo Tax is a trusted application with capabilities that I have come to trust, depend on, and appreciate. What has at times taken me days to complete took me 4-5 hours while participating in one of my most special Spring rituals - watching the Masters golf tournament. Growing up in the Southeast, three things usher in Spring the few days leading up to April 15th - Taxes, The Masters, and our Bermuda turning green!
What's great about it: Transfer of information from one tax year to another - Ability to pull 1099 info etc from bank and brokerage accounts
What's not so great: The final review screens do not give you enough information about where errors/oversights detected or the big picture
Pros: I had a baby, My job status changed this year (switched jobs, lost a job, got a raise or promotion), I moved, I bought or sold investments
Written by a customer while visiting turbotax.intuit.com