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TurboTax Deluxe Federal + State 2007 guides you through your federal and state tax returns, with simple-to-understand questions to help you finish and file your federal and state taxes. Find over 350 deductions, get credit for your donations, and account for any life changes in order to get the largest tax refunds possible, guaranteed. Get Your Maximum Refund Guaranteed If you get a bigger refund using another tax prep method, well give your money back. No questions asked. Uncovers More Than 350 Deductions Sit back and watch. TurboTax Deluxe searches your return for over 350 deductions, including those for mortgage interest, donations, and education. INCLUDED. ItsDeductible Accurately Values Donations ItsDeductible finds accurate values for your charitable donations. It factors in item conditions, so you get the deduction you deserve no matter what you donate. NEW. Easily Qualify for Medical Expense Deductions Should you report your medical expenses? Well do the calculations, and tell you if you qualify for the deduction. No time wasted. Watch Your Deductions Add Up TurboTax Deluxe displays your tax savings total as it rises. It instantly shows how your deductions affect your refund. View Deductions from A to Z Looking for something specific? With just one click, TurboTax Deluxe tells you how to qualify for every deduction from A to Z. Choose Easy NEW. Reduce Your Risk of an Audit Take comfort. TurboTax Deluxe shows you how unlikely your return is to catch the IRS attention. We arm you with proof for your claims and help protect you from any IRS penalties. Automatically Import Your W-2s Dont understand your W-2? Make it easy. Import your income directly from participating employers. Answer Easy Questions No tax lingo here. TurboTax Deluxe walks you through your return, asking easy questions in clear language. We put your answers on the right forms for you. Transfer Info from Last Years Return Watch as TurboTax Deluxe automatically transfers info from last years return to this years. Confirm your past entries to save valuable time. INCLUDED. Prepare Your State Return Relax while your federal info transfers into TurboTax State. Youll be half finished before you even start your state return. Includes Everything in TurboTax Basic eFile* or Print Your Return Get almost instant gratification. When you electronically file your return or eFile, you'll receive an IRS confirmation your return has been officially filed. What's more, you'll receive your direct deposit refund in as few as 9 days. Or, choose to print and mail your return. *Additional fees apply to eFile. Explore Over 100 Deductions for Life Changes If you had an eventful year, congratulations. TurboTax Deluxe will handle your new situation upfront so you can finish your return with confidence. Heres how: Had a Change at Work New job? Raise? Promotion? Whether your income has gone up or dare we say down, TurboTax Deluxe puts you in the right tax bracket automatically. Bought a Car Registration fees are deductible. So are hybrids. TurboTax Deluxe walks you through every deduction that applies to your new-car situation. Bought a Home Your new home could open up a wealth of itemized deductions. We automatically use the deduction method standard or itemized that gets you the biggest refund. Sold a Home Hows this for easy? Theres a good chance you wont even have to pay taxes on your profit. TurboTax Deluxe helps you qualify for the Home-sale Exclusion and keeps more money in your pockets. Got Married As joint filers, you could be entitled to a marriage bonus. Or you could be sentenced to a penalty. Well help you determine the filing status joint or separate thats best for you. Had a Baby Well help you qualify for every tax break that applies to your growing family. Welcome to the dependent exemption and childcare deduction (to name a couple). Join the Millions Who Trust TurboTax Relax. TurboTax is dedicated to protecting your personal and financial information. From the most advanced technology to our relentless Privacy Team, we have you covered. Your Information Travels Safely We protect your info like the Department of Defense protects theirs. Before you eFile, TurboTax encodes your information with the most advanced encryption technology. Only our computers can decode it, so you dont have to worry about unapproved viewers. Your Computer Stores Your Information After you eFile, rest assured only you can access your return. TurboTax CD and Download products store your information right on your computer. You control it. Our Commitment to You Our Privacy Teams only job is to guard you and your information. Tax Forms Its not as bad as it looks. Here are just some of the forms that TurboTax Basic fills out for you: - Form 1040 Individual Income Tax Return
- Form 1040A Individual Income Short Form
- Form 1040EZ Individual Income Tax Return EZ
- Form 1040-V Payment Vouchers
- Form 1040X Amended Individual Tax Return
- Form 1099-DIV Dividend Income Worksheet
- Form 1099-G Certain Government Payments
- Form 1099-INT Interest Income Worksheet
- Form 1099-MISC Miscellaneous Income Worksheet
- Form 1099-MSA Medical Savings Account Distribution
- Form 1099-OID Original Issue Discount
- Form 1099-Q Qualified Education Program Payments
- Form 1099-R Distributions from Retirement Plans Worksheet
- Form 1116 Foreign Tax Credit
- Form 1310 Stmt of Person Claiming Refund
- Form 2106 Employee Business Expenses
- Form 2120 Multiple Support Declaration
- Form 2210 Underpayment of Estimated Tax
- Form 2210AI Annualized Income
- Form 2441 Child and Dependent Care Expenses
Plus tons more to get all of your taxes taken care of.
Customer Reviews
Turbo Tax Deluxe
Rating: 5
This is a great product. I have used this brand for years and would not consider any other for my tax time needs.
TurboTax Deluxe
Rating: 5
Excellent product and very easy to use. Increased my refund. Highly recommend this product.[[ASIN:B000W3RSGE TurboTax Deluxe Federal + State 2007]]
Decent Tax Software. Artificial Version Capability. Efile Issues.
Rating: 3
Let me start by saying that using tax software is the only way (other than using an tax accountant) to prepare your taxes with any hope of getting them done correctly. I simply can't imagine going back to the paper forms, reams of confusing IRS instructions, and questionable results. Turbo Tax is a venerable entrant in the tax preparation software - and presents Basic, Deluxe, and Premier editions for 2007.
I like the 'interview' format, transfer of data from previous returns, the clear flow of the inputs through income, deductions, etc. and helpful audio information and support documentation. It is truly a worthwhile investment and bound to save huge amounts of time compared to paper preparation.
What I don't like is the Turbo Tax artificial division of products into Basic, Deluxe, and Premier. I purchased deluxe given that I have a job, a house, and a few investments for retirement. Pretty run of the mill - yet the "box guidance" says I'm at least Deluxe material, if not Premier. So what difference does it make? I can't say for certain, but I practically stumbled onto the deduction for expenses associated with Investment Managment Fees worth about $120 on my refund. I'm assuming the Premier version may have guided me more accurately, but it seems poor - given I'm entering stock dividends and capital gains - that TurboTax wouldn't think to guide me down the path of this common expense. Might have been my issue - but management expenses are listed as 'not typical' for taxpayers on page with a list of other weird deductions. Shouldn't this be a red flag for TurboTax when the check the return at the end!?
I'd also like to add that I filed electronically - still astonishes me that I pay and extra $17 to file both federal and state returns given that it must save everyone time and money to do this. Despite the e-filing, my state return was 'rejected'. TurboTax requires you to go back into the tax program to retrieve the reason for rejection and to make any 'fixes' needed. Well, the description of the reason for the state return rejection was so cryptic as to be illegible. In the end, without decent guidance from TurboTax, I filed the paper forms with my state. As far as the e-file goes? I don't see any way to get that refunded, so that's $17 down the drain.
Bottom line for me, it's still an incredibly useful tool. I still recommend it or something like it - perhaps TaxCut software which I have also used in the past. But take it slow, read carefully, don't assume that if the software lists an expense as 'not typical' that you may not have a deduction.
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