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@garycoryer 

Thanks for the great solution. That was exactly the issue. The configuration has to be exactly the same as install.

This is really a dangerous situation - what if, we need to get into TT Deluxe 2020 in 2-3 years and have a new build. The software will most likely not activate (it'll have the same issue - i.e., activation code used on more than 5 computers). What happens then? Will there even be an option to buy a new code? 

 

Intuit just needs to fix this issue ASAP. Even if it means disabling this broken activation process.