|
TurboTax Home & Business Federal + State 2007 lets you finish all of your taxes at once, with both federal and state returns for you and your business. File as many returns as you need, theres no limit! Discover 60 Groups of Business Deductions From home office to travel to advertising, TurboTax Home & Business reveals every deduction for your situation. Sit back while we maximize your refund guaranteed. Find Your Most Profitable Depreciation Method Home & Business walks you through reporting depreciation of business assets. We even show which depreciation method gets you the biggest deduction. View Deductions by Industry When you sell investments, TurboTax Home & Business helps you accurately report your profit. Even if you bought shares at different times, Home & Business finds your exact purchase price in just 3 easy steps. Discover What Youre Missing Know what your competition deducts? We list tax write-offs by industry so you dont miss out on money youre entitled to. Reveals More Than 350 Deductions for Personal Taxes Watch as we search your return for over 350 deductions, including mortgage interest, donations, and education. Find Over 20 Deductions for Landlords From travel to insurance, Home & Business uncovers every deduction for your rental property. Take a break while we do the handy work. Keep Your Taxable Profit Low When you sell investments, TurboTax Home & Business finds your exact purchase price in just 3 easy steps. Discover What Youre Missing Know what your competition deducts? We list tax write-offs by industry so you dont miss out on money youre entitled to. Choose Easy INCLUDED. Easily Prepare W-2 and 1099 Forms TurboTax Home & Business helps you prepare unlimited forms for employees and contractors. We do the math, so its 100% accurate guaranteed. NEW. Reduce Your Risk of an Audit Take comfort. TurboTax Home & Business shows you how unlikely your return is to catch the IRS attention. We arm you with proof to help protect you from any IRS penalties. Quickly Enter Business Expenses Detailed records or not, TurboTax makes your taxes easy. Well guide you through each expense category. Or you can enter your expenses on one screen, line by line. Import from TurboTax Estimated Taxes Save time. Import your quarterly tax payments into your return instantly. INCLUDED. Prepare Your State Return Watch your federal info instantly transfer into TurboTax State. Youll be half finished before you even start your state return. Prepare taxes for one or multiple business theres no limit. Explore Over 100 Deductions for Life Changes If you started working for yourself this year, congratulations. Well handle your new situation upfront so you can finish your return with confidence. Heres how: Became Self-Employed As a sole proprietor, consultant, 1099 contractor, or single-owner of an LLC, the IRS will tax you in a whole new way. Dont worry. TurboTax Home & Business makes your new tax situation easy. We walk you through reporting your profit or dare we say loss, providing expert guidance along the way. Then we introduce you to more than 60 categories of write-offs, including home office and entertainment expenses. TurboTax Home & Business also handles buying a home, selling your home, getting married, having a baby, selling investments, retiring, and benefiting from an estate or trust. 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 Home & Business 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
Not easy to use
Rating: 1
I bought this product to use for our home daycare business and it was not easy to use at all. I ended up sending everything to our accountant when Turbo Tax estimated that we owed thousands in taxes. We did owe, but our accountant came up with a figure approximately $3000 less than Turbo Tax did. I am not an accounting major but I do have a strong math background and I always did our taxes before we had our own business but this product confused and stressed me out totally.
Mac Users Beware
Rating: 1
This product only works on OS 10.4 or higher - and iMacs can't upgrade to 10.5. Luckily found 10.4 on eBay (www.allmac.com.) Screwed up iTunes, wasted several hours, etc. PITA.
Long story short - Turbotax is not worth the hassle. There was no need to force users to upgrade. Supposedly needed to do it for enhanced "features" (though I can't find out what they are). I saw no new features that I saw versus old versions. (I've been using this SW since it was Macintax!)
In fact several things not working. Forgot that I contributed to SEP Fund, screwed up calculations of AMT, just runs glitchy. They should have spent more time on fundamentals than adding glitzy "features" with no benefits.
If you find a Mac friendly tax program that can read the old turbotax files please share! I'm never buying this software again.
easy as pie
Rating: 5
This is the 2nd year I have purchased Turbo Tax, and I can certainly recommend the product. Last year, we used the Deluxe Edition, and this year we used the Home and Business Edition. Both were easy to use and covered all the items we needed to address.
I used to pay over $100 for tax prep, and was happy to do it because the preparer was well trained, but I am very confident that we have just as accurate a return as we had before.
We used Turbo Tax for our son's return as well, downloading a different state's software. That, too, is easy and saves him from paying a lot of money for his very simple returns.
Don't hesitate if you are considering a purchase. I think you'll be surprised how easy it is to do.
|