TurboTax Business Federal+ e-File 2010 Review

TurboTax Business Federal+ e-File 2010
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(More customer reviews)
Loaded program, as I have for the last few years, and transferred prior year info. Hit continue and the next screen is nothing and it will not let you save. Message says it is a known error but they are not giving a fix. Restarting and rebooting does no good. For now this program is worthless!
Please note that I have many years of experience with software and taxes using many different programs. This failure by TurboTax seems unreal.
Update on January 18, 2011: I have now received and email from the Project Manager for TurboTax Business saying they plan to make a fix available by January 24.
Update #2 on January 24, 2011. I am pleased to say "score one for TurboTax" based on downloading todays update, transfering my prior year data, and being able to save - it appears they fixed the error that occured when trasfering your prior year amounts. I still need to actually complete the tax return but expect it to go well, the same as it has for the past three years. Other than the delay TurboTax caused me, I can now reverse my earlier comment calling the program worthless.


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TurboTax Business is the do-it-yourself business tax software you've been looking for. Includes everything you need to complete your business income taxes, and an expanded interview guides you step-by-step to help ensure accuracy and maximize business deductions.

It's easier than ever to do your own business taxes.
Knows Your Business and Does the Hard Work for You
With TurboTax Business, you don't need to know a thing about business taxes. Its customized interview tailors itself to your type of business (corporation, partnership, or multi-member LLC) and provides extra guidance to simplify tax preparation and help you maximize tax savings. Just answer simple questions and let TurboTax do the rest.

Easier Than Ever
Saves time and gives you a head start by transferring last year's data and showing a year-over-year comparison for your business.

Creates K-1 Forms Electronically Now you can distribute K-1s electronically in PDF format and save a trip to the post office.
Imports Your Data
Skip the data entry and rely on an accurate import of Profit & Loss statements from Quickbooks. If your chart of accounts is not tax-ready, TurboTax automatically imports your QuickBooks income and expense accounts and classifies them in the appropriate tax categories that you can edit.

Creates Unlimited W-2, 1099-MISC, 1099-INT and 1099-DIV Forms
Prepare forms for employees, contractors, shareholders and partners. All calculations can be done and printed on plain paper—no need for special-colored ink forms.

Simplifies Entering Income and Expenses
Speeds you through entering all your business expenses, no matter how you track them. If you have a Profit & Loss statement, TurboTax streamlines data entry so you can quickly enter all your income and expenses. If you track expenses manually, TurboTax gives you all the guidance you need to ensure you've covered all income sources and expense categories.

Handles Multiple Businesses
Lets you prepare returns for multiple businesses, even if they are different entity types. Provides extra guidance for entering multiple businesses.

Includes Extra Guidance for New Businesses
Shows which start-up costs new businesses can deduct.

Covers Real Estate Rental Property Activities
Guides you step-by-step through a customized rental real estate experience, so you can rest assured that all related income and expenses are covered.

Makes State Business Taxes Easier, Too
No retyping necessary! Transfers your federal data to TurboTax Business State3 so you can complete your state return quickly, easily and with greater accuracy.

Federal Efile Included
Federal efile is included with TurboTax Business. It's easier and more accurate than paper filing and is the IRS's preferred filing method.


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