It was originally described in 1996 by E. J. H. Corner as a species of Gomphus.
The type collection was made in 1930 in Slim River, Malaysia.
[1] The genus Gomphus, along with several others in the Gomphaceae, was reorganized in the 2010s after molecular analysis confirmed that the older morphology-based classification did not accurately represent phylogenetic relationships.
[2][3][4] Admir Giachini transferred the fungus to Turbinellus in 2011.
[3] In 2010 Turbinellus stereoides was reported from Turkey.