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TurboTax Business description
TurboTax Business is desktop-based tax software designed for corporations, partnerships, LLCs, and trusts to file federal and state income tax returns. It guides businesses through the process of maximizing deductions, calculating asset depreciation, and generating necessary forms, including W-2s, 1099s, and K-1s. The software allows importing data from previous TurboTax returns and offers error checks for accurate filing. TurboTax Business is a one-time purchase with an optional annual subscription for additional support and benefits.
Who is TurboTax Business best for
TurboTax Business simplifies tax filing for corporations, partnerships, LLCs, and trusts. Users praise the easy-to-use interface and helpful guidance. However, some find customer support lacking and the software expensive. Ideal for small to medium businesses seeking streamlined federal and state income tax filing.
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Best for small to medium-sized businesses.
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Suitable for most industries.
TurboTax Business features
Supported TurboTax Business performs error checks before filing. |
Supported TurboTax Business generates K-1 forms electronically. |
Supported TurboTax Business likely supports importing prior year data, as other TurboTax products do. |
Supported TurboTax Business supports W-2 forms for businesses reporting under $10 million. |
Supported TurboTax Business prepares and files federal and state returns for various business types. |
Supported TurboTax Business calculates and tracks asset depreciation year over year. |
We evaluate the sentiment that users express about non-functional aspects of the software
Value and Pricing Transparency
Customer Service
Ease of Use
Reliability and Performance
TurboTax Business reviews
We've summarised 345 TurboTax Business reviews (TurboTax Business Software Advice reviews, TurboTax Business GetApp reviews, TurboTax Business Capterra reviews and TurboTax Business G2 reviews) and summarised the main points below.
- Easy to use interface, especially for simple returns.
- Step-by-step guidance and helpful explanations.
- Integrates well with other Intuit products like QuickBooks.
- Helps find deductions and maximize tax refunds.
- Saves time and money compared to hiring a CPA.
- Difficult to get customer support.
- Expensive, especially for state filing and additional features.
- Software can be buggy and prone to errors.
- Confusing navigation for complex tax situations.
- Can be difficult to override pre-set amounts or categories.
TurboTax Business pricing
The commentary is based on 53 reviews from TurboTax Business Capterra reviews, TurboTax Business G2 reviews and TurboTax Business GetApp reviews.
TurboTax Business offers two main online products: Live Assisted, where users file themselves with expert help, and Full Service, where a tax expert files for the user. Prices vary based on the complexity of the return. A free trial is available for both, and state filing fees are additional.
Users sentiment
See the TurboTax Business pricing page.
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TurboTax Business has a free trial.
File taxes with expert help.
Let an expert file your taxes.
TurboTax Business alternatives
TurboTax Self EmployedFile self-employment taxes easily, maximize deductions, and get expert help.Read more
Oracle Tax Reporting CloudAutomates global tax reporting, boosting accuracy and efficiency.Read more
Tax.com™ Property Tax SolutionsSimplifies property tax compliance, saving businesses time and money.Read more
TurboTax Business FAQ
TurboTax Business is tax software designed for corporations, partnerships, LLCs, and trusts to file federal and state taxes. It helps maximize deductions, calculate asset depreciation, and generate forms like W-2s and 1099s. It offers import of prior year data and error checks.
What is TurboTax Business and what does TurboTax Business do?
TurboTax Business is tax software designed for corporations, partnerships, LLCs, and trusts to file federal and state taxes. It helps maximize deductions, calculate asset depreciation, and generate forms like W-2s and 1099s. It offers import of prior year data and error checks.
TurboTax Business integrates with other Intuit products, notably QuickBooks, simplifying data import for tax preparation. It also supports importing data from previous TurboTax returns. Further integration details are limited.
How does TurboTax Business integrate with other tools?
TurboTax Business integrates with other Intuit products, notably QuickBooks, simplifying data import for tax preparation. It also supports importing data from previous TurboTax returns. Further integration details are limited.
Top alternatives to TurboTax Business include TaxAct Business for similar tax preparation features, Avalara for sales tax automation, and Sovos for broader tax compliance needs. Lacerte is a strong option for tax professionals, while Vertex caters to larger enterprises with complex tax requirements.
What the main competitors of TurboTax Business?
Top alternatives to TurboTax Business include TaxAct Business for similar tax preparation features, Avalara for sales tax automation, and Sovos for broader tax compliance needs. Lacerte is a strong option for tax professionals, while Vertex caters to larger enterprises with complex tax requirements.
Yes, TurboTax Business is a legitimate tax software offered by Intuit, a reputable financial software company. It's a safe and widely used tool for businesses to file their taxes, offering features like error checks and import of previous data for accurate filing.
Is TurboTax Business legit?
Yes, TurboTax Business is a legitimate tax software offered by Intuit, a reputable financial software company. It's a safe and widely used tool for businesses to file their taxes, offering features like error checks and import of previous data for accurate filing.
I couldn't find pricing information for TurboTax Business. Contact TurboTax sales for product pricing details or explore alternative tax software if budget is a concern.
How much does TurboTax Business cost?
I couldn't find pricing information for TurboTax Business. Contact TurboTax sales for product pricing details or explore alternative tax software if budget is a concern.
Customer reviews on TurboTax Business's customer service are mixed. Some users praise the helpful and responsive support, particularly email and chat. Others report difficulty reaching support and long wait times, citing unhelpful experiences and a lack of business-specific assistance.
Is TurboTax Business customer service good?
Customer reviews on TurboTax Business's customer service are mixed. Some users praise the helpful and responsive support, particularly email and chat. Others report difficulty reaching support and long wait times, citing unhelpful experiences and a lack of business-specific assistance.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.
An AI tool that observes your work, finds inefficiencies, and suggests smarter ways to do things. Maybe you can use your tools better, automate tasks, or switch software.