I have no complaints about the product itself. It seems to cover all the bases as far as filing a small business return. It's unfortunate that Turbo Tax makes a distinction between a single and multiple-member LLCs. If you have a single-member LLC, you can use the much less expensive Home and Business version but if you have a multiple-member LLC, you have to use the full-fledged Business version. Not only is it more expensive, but it doesn't even include the state program or forms. For that, you have to fork over yet another $50 to download the state portion of the program. You're almost to the point where seeking out the services of a CPA might just be worth the cost, saving you the time and frustration by doing it yourself. My biggest gripe though, is that fact that the program doesn't even link to any of Turbo Tax's personal federal tax products. None of the business information that you must report on your personal taxes transfers. You have to enter and compute all that data again such as Schedule E and Form 4562. It's a major pain. Even if you know the information to enter, TT forces you to complete the Schedule E worksheet or you cannot e-file. You are forced to snail-mail it to the IRS. It really makes no sense.Get more detail about TurboTax Business Federal + efile 2009.
Wednesday, May 19, 2010
TurboTax Business Federal + efile 2009 Get it now!
I have no complaints about the product itself. It seems to cover all the bases as far as filing a small business return. It's unfortunate that Turbo Tax makes a distinction between a single and multiple-member LLCs. If you have a single-member LLC, you can use the much less expensive Home and Business version but if you have a multiple-member LLC, you have to use the full-fledged Business version. Not only is it more expensive, but it doesn't even include the state program or forms. For that, you have to fork over yet another $50 to download the state portion of the program. You're almost to the point where seeking out the services of a CPA might just be worth the cost, saving you the time and frustration by doing it yourself. My biggest gripe though, is that fact that the program doesn't even link to any of Turbo Tax's personal federal tax products. None of the business information that you must report on your personal taxes transfers. You have to enter and compute all that data again such as Schedule E and Form 4562. It's a major pain. Even if you know the information to enter, TT forces you to complete the Schedule E worksheet or you cannot e-file. You are forced to snail-mail it to the IRS. It really makes no sense.Get more detail about TurboTax Business Federal + efile 2009.
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