Items needed for T1: 1. T5008 - identification of security should be listed in the summary; a 50% spouse box should be added; there should be unlimited transactions 2. Foreign investments: an automatic conversion of US transactions should happen with CRA's avg. annual exchange rate if box clicked for US transaction. 3. Net Capital Loss Carry Forward: capital gains should show beside box so you know how much you can enter.
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Optimize medical expenses recommended claiming expenses under lower income earner even though the refund was greater when the expenses were claimed under the higher income earner!!!
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No easy online or phone support when needed. Came up with an error. Pressed fix multiple times but did not fix it.
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Shouldn't there be a version that works on IOS based systems by now?
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I am sure I mad a mistake because I could not find the info to transfer unused Federal tax from my student daughter. Do I do mine first then hers? It wasn't clear. And Why does it keep popping up that I sold a residence?
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TT covers a wide range of circumstances. I use Home & Business for myself and friends. It compares favourably with professional versions. Maybe I am missing some functions due to time pressure and limited training. However, I am frustrated with the following. Digging into forms with F3 and returning with ctrl-T is too limited; if I go in several layers, I want to get out that many steps. A tax monitor border would be more useful than the giant number in the review panel. What if scenarios and optimizations could be more easily seen. Rolled forward files could have T-slip names already filled in, instead of refilling each year; CRA downloads are too iffy still. Last year's comparatives could (optionally) show in a border line, rather than just on the detailed summary. Generally better movement among forms would please me. Currently there are too many "stops" & list look ups.
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Good product, but a little ambiguous on where to put self-employeed income. If you put it under income other you are not paying CPP.
If you put it under business income it charges you 100% of cpp contribution. Makes a difference in your return amount
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Like many people, I must file in Canada and the US. I am fortunate enough to have non-registered account investments in both countries, though this makes filing quite complex. While I find that process stressful and otherwise emotionally taxing, without Turbo Tax or something just as good for both returns it would be impossible.
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There is a problem when you try to print a screen. Selecting "Print" from the file menu only allows you to set up the print page but not actually print. I had to use a screen grabber to print out my "Detailed tax summary". This is aggravating. You should be able to print every page if so desired. Tax wise the program is great.
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I used the step by step method for my daughters small business return. What a waste of time. I ended up going back to the 'Forms' method. Also, the Help function is totally useless. Better information is available on the net. Interestingly some of this better help is from TurboTax.
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Online FAQs and "Ask a Question" forum helped to get through capital gains and losses for my spouse and me
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2017 version is similar to previous years with some notable improvements. Keep working on it!
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I am mostly pleased with the program, however, when you have husband & wife sharing 50/50 on a Rental Property & you are doing the returns together - the income DOES NOT transfer to the spouse's return - you have to enter it manually. This is really bad if you do not notice the $$ haven't transferred.
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I have used Turbo Tax successfully for a number of years. Generally it is intuitive and helpful. As as self-employed person, I find the available expense categories to be very limited and not reflective of common expense allocations.
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To Find Your Phone for help is a Challenge. I think it should be somewhere on the product box
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I've been using the software for over fifteen (15) years, and have found that there have been new improvements each year. These improvements allow a user to easily utilize theTurboTax software.
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I highly recommend to all my friends to use TurboTax
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Used TurboTax for three years now. Will keep using unless my taxes get more complicated. Very easy to NetFile!
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The disc PC version works great. We tried using the Mac version of Home & Business, but wasn't as friendly. Didn't show the actual Tax forms and layout was different.... so we had to go back to PC. Would love to have identical program for Mac
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I would appreciate having a Turbo Tax Business version that works on my Mac without having to use a parallels program for windows. I use the new Quicken program for accounting and it's great!
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Although I am a first-time user, I was able to fumble my way through the whole process. The software helped complete my tax return and has taught me how I can better improve my record keeping for next year. I recommend it to others who own their own home-based business.
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Works well mostly but still a few areas that it is not clear what to do. Price for Home and Business Version has increased quite a bit.
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Most things work great, but as my friend turned 65 in 2017 but did not record OAP turbo tax would not net file. Her birthday is December 10th and thus did not receive any OAP payment. I could only netfile after recording OAP as one cent. Quick Tax should have recognized this problem as the birthdate is included in the return. Also receipt of OAP can be delayed until after age 65.
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I have used Turbo Tax for small Business for many years now, I always liked it but, this year I found that some menu have changed and found it harder to navigate specially in the Business portion. The program software was not always responding and I had scripts errors.
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I was not able to transfer my 2016 return info to the 2017 tax return.
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I found some things confusing - but overall the program was excellent in helping get business taxes done for the first time.
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TurboTax Home and Business software has been improved a lot - Better understand, great explanation and easier to complete required items.
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Seems to keep getting better and better. Makes it hard to leave out important details.
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Frustrating that after update you have to put serial nr again and again
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I have been using this product for over 5 years. It has helped me through a lot of tax seasons. I highly recommend it. Easy to use and has answered a lot of my questions.
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