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Is the software ready for 2019 for corporate tax returns?

mark7
Level 1
 
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itonewbie
Level 15

What I gathered from Intuit in the PTO FB Group is that the first release for PTO will be out on Nov 15/16 (so, a bit later than Lacerte).  But as George says, it will not be fully functional and the forms/worksheets will not be ready.  You're better off waiting until at least Jan next year - even then, Intuit will be fixing things and updating forms/worksheets after the e-filing comes back online.

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Still an AllStar

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3 Comments 3
itonewbie
Level 15

What I gathered from Intuit in the PTO FB Group is that the first release for PTO will be out on Nov 15/16 (so, a bit later than Lacerte).  But as George says, it will not be fully functional and the forms/worksheets will not be ready.  You're better off waiting until at least Jan next year - even then, Intuit will be fixing things and updating forms/worksheets after the e-filing comes back online.

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Still an AllStar
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abctax55
Level 15

Nope..and neither is the IRS

"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"
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George4Tacks
Level 15

Nope. First release is tomorrow, but I would not trust it with a 1040 short form, let alone a corporate return. 

https://accountants-community.intuit.com/articles/1890094-2019-lacerte-release-dates


Here's wishing you many Happy Returns
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