Five more suggestions.
1. Please add a way to open tabs where filers can explore read-only version of their previously entered data. Without that, it is too difficult to go back and forth and each cycle takes like 7 clicks. I had to take screenshots to compare and keep my two schedule Cs identical 🙂
2. Less confusion! I think there is plenty of confusion around SMLLC versus MMLLC, QJC and community property states. During the initial information collection, I think the wizard should guide filer(s) with what makes the most sense for their situation (you can collect more information if needed).
2a. E.g. If I am located in Washington state, and have an Husband/Wife LLC (for state that is an MMLLC), but it can be treated as SMLLC (disregarded entity) for Federal tax return.
2b. E.g. Even if your prior taxes were filed as MMLLC Partnership, you can still elect to be a QJV by just filing as SMLLC and avoid the complicated 1065/K-1 route.
2c. But if someone wants to follow 1065-K-1 MMLLC route, then make it clear that they would need i)Home * Business (or Self-Employed) Turbotax software to file Federal and State returns, but first they need to use Business Edition to get their 1065 and K-1 forms.
3. Please harmonize the naming SW conventions across downloadable and online products, it is super confusing..e.g. the Home & Business Vs. Self-Employed edition - which basically offer same functionality.
4. Please amend the Home & Business and Business products to include the exact verbiage that outlines the difference between the two products - i.e. Single member LLC (Home and Business) Vs. multi Member LLC (Business Edition), other differences are obvious.
5. There is plenty of confusion around "State Return" vs. "State e-file", I am not sure why we can't just have State e-File bundled in all packages.
Thanks..!
