I've used this software for 20 years without complaint. The 2021 version... I ran into 2 bugs, easily, one of course after I filed. This was clearly not tested with the same rigor of past years.
The first bug, is it hits a software error, through easystep when it gets to the Ontario annual filing. Since Ontario no longer does annual filing through the federal tax, this whole section should've been removed, and they had ample time to remove it.
The 2nd problem is in Form T2, section General Tax Reduction for Canadian Controlled Private Corporations, Line F. The calculated value is not pulled in from Line 440. This error caused my filed return to understate tax owing by 28%.
Reports of the bugs (first was already known), left me feeling they would do nothing about it.
The software is cheaper than an Incorporated accountant, but they've clearly dropped the ball on development and testing for 2021.
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This is the TurboTax USA forum.
You need to post your question on the TurboTax Canada board.
https://turbotax.community.intuit.ca/community/forums/discussion/03/350
I was planing to buy it online to file T2 for Canadian controlled incorporated , saw the bugs ,
so have not bought yet , is there any alternative prod for T2 of small Incorporated ?
Thanks
You really need to post your question where it will receive relevant exposure and, as a result, a response by someone familiar with Canadian tax law and software for preparing a T2.
@mingx_98 This is only the USA forum.
Here is the Canada forum
https://turbotax.community.intuit.ca/tax-help
Or Contact TurboTax Canada Support
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