I’m now preparing for year-end tax planning. In the past, I would download the TT Software to my desktop computer and start my return in January – February. During the March–April time period, I would vacation somewhere and install my already purchased TT on my laptop to complete my return and file at a different location.
I thought I read somewhere that the future years TT will be only web-based. Is this correct? I am a long-time user of TT and prefer the peace of mind that my return is not sitting out there, with all the details that went into creating it, on some server.
No one knows what will happen in the future, certainly possible that Intuit will eventually exit desktop but I would think it's still years away.
TT Online/Live has about 35mil returns for $4bn revenue growing 8-10% whereas desktop is 4mil users for $200mil revenue shrinking 5% annually. Intuit made some moves this year to cut support on things they projected would have low users/revenue - Win10, ItsDeductible (100k users) and Basic Desktop edition.
Clearly Intuit are pushing towards online where the growth is, who knows the net effect of the changes this year on the desktop user base but it could take a step down to 3.5mil or less, we'll see in the earnings next year. It's probably easy decision to trim support around services only used by a few hundred thousand, but exiting desktop altogether for a few million users is a bigger move.
Per the License Agreement - You can install the TurboTax 2025 desktop software on up to 5 computers that you personally own.
Thanks DoninGA! I recall that was the case in the past.
Does anybody else have some insight on whether future TT will only be web-based?
No one knows what will happen in the future, certainly possible that Intuit will eventually exit desktop but I would think it's still years away.
TT Online/Live has about 35mil returns for $4bn revenue growing 8-10% whereas desktop is 4mil users for $200mil revenue shrinking 5% annually. Intuit made some moves this year to cut support on things they projected would have low users/revenue - Win10, ItsDeductible (100k users) and Basic Desktop edition.
Clearly Intuit are pushing towards online where the growth is, who knows the net effect of the changes this year on the desktop user base but it could take a step down to 3.5mil or less, we'll see in the earnings next year. It's probably easy decision to trim support around services only used by a few hundred thousand, but exiting desktop altogether for a few million users is a bigger move.