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Level 1
December 7, 2019
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Is the software ready for 2019 for corporate tax returns?

  • December 7, 2019
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Best answer by itonewbie

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.

3 replies

itonewbie
itonewbieAnswer
Level 15
December 7, 2019

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.

---------------------------------------------------------------------------------Still an AllStar
abctax55
Level 15
December 7, 2019

Nope..and neither is the IRS

HumanKind... Be Both
George4Tacks
Level 15
December 7, 2019

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

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