POSTS
Review by Mom2Michael
The Step by Step Data Entry gives no warning that you will double entry any Sale of a PTP if you enter the Sale in the 1099-B Brokerage down load of sales and in the Sales area of the K-1 for the PTP; like it seem to be requesting by the way the questions are phrased. But if you switch to the Forms mode while entering the Sale data in the K-1 area; you will find TurboTax Instructions in BOLD LETTERS instructing you to enter ZERO for both the Sale and Basis on the K-1 entry form if the Sale was reported to the IRS by the Broker on a 1099-B. Please put that warning in the STEP BY Step instructions. You also have to do some other steps as a work-around that can be found in the Community Forum (and even discuss by TT Employees) to make the return perfectnnTT Business still needs to be able to import transactions from a Broker for investment sales. Almost every Trust has investments so why isn’t this a feature in this product.
Overall less buggy than last year. I use both TT Premier for personal taxes and TT Business Form (1041)from two Trusts