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Technology Stocks : Intuit -- What's Its Future? -- Ignore unavailable to you. Want to Upgrade?

To: kfs who wrote (1076)	2/25/1998 3:23:00 AM
From: Scott Moore	Respond to of 1546

Be prepared to waste some time using Turbo Tax if you are importing data from last year. Just finished my returns using Turbo Tax Deluxe for the second year. Fortunately, I have enough persistence that I found the one and only one way to delete carryover forms and hidden support schedules that were no longer needed for this past year. Basically once you import data from last year and verify your name and address correct, the program takes you directly to "Review" your return without giving you the chance to put in the 1997 figures. In order to make changes you must go directly to the individual forms replace last years numbers and hunt for what forms are no longer needed. My girlfriend is currently experiencing a greater frustration with the same lack of using the Interview format because she is also importing from last year, because she has less computer savvy. I guess my frustration with Turbo Tax is that the lack of flexibility caused me a loss of time and the fact I cannot use the normal Interview functions as I did last year when I didn't import data. Additionally, I could not import my stock trading data from Quicken 5 which I had meticulously maintained all year to expedite creation of my return. Even though the entries were made on the proper windows in Quicken 5, Turbo Tax lacked the flexibility to import the Quicken file because the file name suffix was not a perfect match. Additionally when you are entering stock trade data on Sch. D, if you forget and miss a line, you cannot insert a line. Which is strange because you are given the choice to remove a line. If you add the line at the bottom and hit the sort function, your trades are sorted by issue alphabetically, which then makes the dates out of order from the way it looks on your 1099B. The way around this lack of flexibility to insert a line is to preface each issue symbol or name with a three digit number (ie. 001-INTC) then the sort function will work the way I wanted it to. So even if I was able to import data from quicken, with this lack of flexibility of adding lines in the middle, I can only surmise that merging a second account from a different brokerage would have been a big problem. So in essence, I had to enter every trade manually so my Sch. D would match my 1099B's. As a side note: If you make more than 97 stock trades you can not electronically file your return with Turbo Tax and therefore can not benefit from the quicker refund. Since I must mail in both my returns and a human must look at my return because of the 97 trade limit, all the more reason that I need my Sch. D to be easily compared against my 1099's. Intuit better improve this program or I will not use it again.