Which type of tax return can TurboTax not prepare?

TurboTax is primarily designed for individual taxpayers and small business owners who need to file personal income tax returns. While it does offer features for certain business returns, its capabilities are more limited when it comes to corporate tax returns. This is because corporate tax returns typically involve more complex regulations and forms that differ significantly from personal and smaller business filings.

In contrast, TurboTax can effectively handle income tax returns, allowing individuals and families to prepare and file their taxes accurately. It also supports estate tax returns, which involve the taxation of estates upon the death of an individual. Additionally, amended tax returns, which are filed to correct errors or make changes to previously submitted returns, are also within TurboTax's functionalities.

The distinction arises because corporate tax returns are generally more intricate and subject to different legal obligations compared to individual and smaller business filings, which TurboTax is tailored to support. This specialized focus helps ensure that users can navigate their tax situations efficiently.