TurboTax 2015 Release Date (for tax year 2014)

tubotax 2015 for tax year 2014

We are once again slowly approaching that dreadful time of year where we have to pay our dues to the tax man. For those that are users of TurboTax, you can expect the new versions to be released in December 2014 in the United States and in January 2015 in Canada. You will usually see the online editions available at turbotax.intuit.com about two weeks before retail outlets receive the boxed versions.

Expect to see the new TurboTax versions for the 2014 tax year become available in mid-November 2014 for the United States and by mid-January 2015 in Canada.- Expected TurboTax Release Dates

Do we expect to see any changes in TurboTax for 2015?

Besides software updates adjusted to the changes in the tax code, we don’t expect to see any dramatic changes to any of the TurboTax versions this year. We’re expecting the same versions to still be available for tax year 2014 (Free Edition, Deluxe, Premier, Home & Business, and Military) with a possibility of slight improvements to their iPad app. As a user of TurboTax myself, I would love to see an improved update process. It seems like every time I would open the program it had new updates to install that would take 10 or more minutes to install. We would also like to see all versions include the State return (which most people are required to file) vs. being charged the extra fee on top of the Federal filing fee to order it.

What would you like to see changed in TurboTax?

Leave your wish list and product improvement suggestions below.

  1. April 6, 2014

    Anna

    Turbotax should make a software product for trust returns utilizable on Macs. Also need Turbotax for Business to work on my Mac.

    I agree with others that it would be useful to have earlier access to input background data and tax plan.

  2. November 17, 2013

    REJM

    I am a long time Turbotax user and plan to keep it that way. That said, I converted the 1040 tax worksheet into Excel formulas (it is all simply math anyway) and do my advanced planning for the new year. I know after doing this for 10+ years get very close to the same results I get with TT each year to iclude my state tax exposure. It is great for planning the next year as well as out 5+ years by making a few basic bracket and deductible assumptions. I even included a comparison versus AMT to balance my exposure versus paying regular federal taxes.

    • November 24, 2013

      MCZS-1

      Hi! Very interested if finding out how to convert 1040 tax worksheets into excel file for future tax planning. Husband is retired and would like to pull out IRA to payoff house. Wanting to stay in the 15% tax bracket. I have a fixed income so should be easy to add that. Thanks!

    • November 26, 2013

      Elizabeth Ruso

      How did you convert the tax worksheet into Excel? Would love to be able to do that. Appreciate your advice. Always a challenge trying to come up with estimated taxes. Usually I just do a proforma tax return but would be great to have it I Excel. Thanks.

  3. November 2, 2013

    Powell

    TT need to get a skeleton version of it’s 2013 tax out early so that we have more time to do year end planning. Dec is too late.

    • November 6, 2013

      jim

      For those wanting to plan ahead, if you own an iPad w/IOs7, there is an app that lets to do some advance tax planning prior to the release of the full TT for 2013

  4. October 23, 2013

    Planner

    Would like to see an earlier release date, so I can put preliminary information in, that will help with tax planning for the duration of the year. Even if it has previous years tax code, to be updated when available.

    • October 27, 2013

      Kirbinator

      I agree. I too would like the ability to perform preliminary tax planning with the understanding that not all of the tax code may be coded yet and/or testing is not fully complete.

  5. October 22, 2013

    TurboTax Long-time User

    Actually I rather like being able to purchase TurboTax without the state. TurboTax without the state is much less expensive than with it and I don’t like having to buy something I don’t need. Texas, Florida, Alaska, Nevada, South Dakota, and Washington states do not have an income tax. So I am very happy with TurboTax without any changes at all.

  6. October 22, 2013

    Gina

    I think Turbotax for Corporations should include one or two personal returns for small S Corps with one or two owners.

  7. October 18, 2013

    RJG

    A CPA tells me that as of July 2013 (i.e. now in effect) the foreign “TD F 90-22-1″ forms must be file online (e-filed) directly by the taxpayer. Will TurboTax 2013 offer that capability. Apparently hard-copy paper filing for those forms is no longer allowed,
    ———
    Electronic Filing for FBAR Forms – MANDATORY Beginning July 1, 2013

    On June 29, 2011, FinCEN announced that all FinCEN forms must be filed electronically with certain exceptions. The FBAR was granted a general exemption from mandatory electronic filing through June 30, 2013. E-filing is a quick and secure way for individuals to file FBARs. Filers will receive an acknowledgement of each submission. For more information about FBAR e-filing, read the FinCEN news release [http://www.fincen.gov/news_room/nr/html/20110717.html].

  8. October 18, 2013

    RJG

    PLEASE provide a printable list that shows Estimates, Overrides, Omissions and Errors, one per line.
    e.g.
    TYPE | ROOT? |FORM | LINE/BOX | DESCRIPTION
    I just want a ‘cheat sheet’ so I can research off-line. On that list, indicate the “root cause” problem – I don’t need to know that a 1040 value is “estimated” – I want to know the actual data source which, when fixed, will correct an “upstream” error.
    Format the list so I can cut/paste into Excel.
    Chasing data items that need correction is extremely time-consuming the way it currently works. I believe there was a rudimentary listing several years ago.

  9. September 25, 2013

    Stanley Star

    Since states have free on line prep availability, TT should allow unlimited filing of state returns without additional fees. If you can file the federal for free, the state should be free also.

    • October 3, 2013

      HOODY

      I think so too

    • October 16, 2013

      Janet

      My state (NC) charges a fee if you e-file so I e-file federal but snail mail state. Don’t know how many other states charge a fee.

      • November 1, 2013

        John

        <>

        North Carolina does *not* charge a fee to efile. Similarly, Intuit/TurboTax does not charge such a fee. The charge levied by TurboTax is actually a payment to the intermediary company that actually handles the state efiles. You may be able to get free or low cost North Carolina efiling at:

        http://www.dornc.com/electronic/individual/software.html

        California and New Mexico do not charge a fee to efile.

        • November 6, 2013

          Boggy

          It would be cheaper for the state and more profitable for the “middle man” for the state to eat the cost of e-filing. I do the same – e-file federal, paper for the state. Maybe, one the some government “genius” is going to figure it out, what is the best for the state, you know, the big picture.

  10. September 19, 2013

    James

    Can I open a data base for my 2013 return even though I have never used TurboTax? Basically getting a head start with basic information and importing account numbers and investment company accounts. Thanks

  11. September 18, 2013

    JuniorG

    Need Turbo Tax for Business for MAC

  12. August 31, 2013

    trader x

    Increase the alowable trade entries for investments and get rid of the limit of 9 digits. A moderately active trader will easily go over total stock sales of 10 million ( thats 4 trades a day of $12,500 ) Not that much!

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Rebecca EvansWritten by Rebecca

This article was written by Rebecca Evans, an expert on software discounts and news. Connect with her on Google+

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