Review by Mom2Michael

The Step-by-Step Interview doesn’t allow Invesment Management expenses to my broker (it puts an error message concerning investment interest when I am working in the investmetn expense catagory) and does not link to the Foreign Tax credit form as it states it should. If I didn’t know the IRS system better than the Step-by-Step Inverview, I would have been charged an extra $1700 in taxes. No mistakes on the calculations; just that the proper information could not be entered during the interview. I had to force TurboTax to enter the information correctly using the FORMS entry. Even then it put the dividends in the Interest column of the Form 1116 (which I had to OverRide). I guess this does not violate their accuracy guarantee, because it would not cause you to have a penalty with the IRS, but the effect is still too much money leaving my pocket. From the TT Live Community I found that the foreign Tax credit problem has been a multiyear problem that has not been fixed. WHY???nnAlso the Business version WILL NOT IMPORT from a Brokerage. How many businesses and Trusts have investment transactions? I bet a large percentage do; but it will not import from the brokerages like the Personal Version of TurboTax.