“Failed to initiate transaction” error message when attempting to EFILE in TTBinc

If you don't have the latest TurboTax Business Incorporated version, you'll get a Failed to start transaction error when you try to EFILE.

Resolution

TTBInc users need to update to the latest version to file their 20XX tax return online. Make sure all audit messages are resolved before e-filing.

To update to the latest version, go to the TTBInc website and download the installer from there.