Editorial Reviews:
Synopsis
If you are a sole proprietor, consultant, contractor or single-owner LLC, TurboTax Hone and Business is the right choice for tax savings. Includes free state preparations and Federal e-File—receive IRS confirmation and get your refund in as fast as 8 days. State e-File available in certain states for an additional fee.
Amazon.com Product Description
div class="aplus" pTurboTax Home Business was designed to help you take full advantage of your personal and business deductions so you get the biggest tax refund possible, double-checking for accuracy and identifying missing deductions and credits. Includes free Federal E-File./p h2Everything you need to easily do your personal and business taxes./h2br / h4Guides you Step by Step through Self-Employment Income, Deductions, and Credits for your Biggest Tax Refund/h4 pCustomizes questions based on your business profile (sole-proprietor, consultant, 1099 contractor, and single-owner LLC) and gives you step-by-step guidance for entering income and expenses./p div class="two-third-col" h5Helps Find Small-Business Tax Deductions/h5 pShows you which expenses you can deduct for your vehicle, supplies, utilities, home office expenses, and more, so you get every business deduction you deserve./p h5Identifies Industry-Specific Deductions/h5 pWalks you through tax write-offs by industry to help you spot commonly overlooked deductions./p h5Gets You the Biggest Vehicle Deduction/h5 pShows you whether you'll get a bigger deduction using actual expenses or the standard mileage rate. Provides extra help for splitting vehicle expenses between business and personal use./p h5Makes Entering Income Easier/h5 pShows all business income types on a single page so you know you've covered all sources of business income./p h5Creates W-2 and 1099 Forms/h5 pHelps you prepare unlimited forms for employees and contractors. Does all calculations and prints on plain paper. No special forms needed. Mac users must have Internet access to create W-2 and 1099 forms./p h5Simplifies Asset Depreciation/h5 pHelps you determine which depreciation method will get you the biggest deduction, then guides you through calculating and reporting depreciation./p h5Streamlines Expense Entry/h5 pWalks you through all expense categories and provides additional tax deduction suggestions along the way so you can maximize your savings./p h5Offers Extra Guidance for New Businesses/h5 pShows the startup deductions new businesses can take./p h2Also includes everything in Premier:/h2br / h4Helps You Get the Most from Your Investments/h4 h5Imports Your Investment Info/h5 pSaves time by automatically importing your investment info directly from your financial institution./p h5Helps You Accurately Report Investment Sales/h5 pWalks you through reporting sales of stocks, bonds and mutual funds. Automatically calculates capital gains/losses and keeps track of those that carry over to future tax returns./p h5Determines Your Cost Basis/h5 pFinds your accurate purchase price for stock sales, in three easy steps./p h5Helps with Employee Stock Plans/h5 pGuides you through reporting sales and automatically determines your correct basis for selling shares purchased at different times or different prices./p h5401(k) Maximizer/h5 pShows you how to increase your 401(k) contribution without decreasing your take-home pay./p h5Helps You Find Every Rental Deduction/h5 pFinds over 20 deductions for landlords, from travel to advertising to repairs to insurance./p h5Shows Your Best Rental Depreciation Method/h5 pSimplifies reporting rental property depreciation and shows which depreciation method will get you the biggest tax deduction./p h5Maximizes Refinancing Deductions/h5 pGuides you through deducting points, appraisal fees, recording costs, and more so you don't miss a single chance to save./p h5Helps with New Rental Properties/h5 pShows you step by step how to set up new rental properties./p /div div class="third-col last" pimg src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk-red.gif" width="21" height="20" /strongWhy TurboTax Home Business is the easiest choice for you.../strong/p pTurboTax Home Business was designed to help you take full advantage of your personal and business deductions so you get the biggest tax refund possible./p pChoose TurboTax Home Business if any of the following apply to you:/p ul liYou are a sole proprietor, consultant, 1099 contractor, or single-owner LLC/li liYou receive income from a side job or self-employment/li liYou prepare W-2 and 1099-MISC forms for employees or contractors/li liYou file your personal and business taxes together/li /ul pIf you own an S Corp, partnership, C Corp, or multiple-owner LLC, choose TurboTax Business./p br / p align="left"img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk-red.gif" width="21" height="20" /strongWhy make the switch?/strong/p p align="left"TurboTax is easy and it could save you money./p table cellpadding="2" cellspacing="0" border="0" style="border-collapse:collapse;" tbody tr th/th thLeading Taxbr / Store/th thstrongTurboTax/strong/th /tr tr style="border-bottom: 1px solid #CCC;" tdAsks you questions and fills in the right tax forms/td tddiv align="center"img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk.gif" border="0" alt="" /br / /div/td tddiv align="center"img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk-red.gif" width="21" height="20" /br / /div/td /tr tr style="border-bottom: 1px solid #CCC;" tdGets you every deduction and credit you deserve/td tddiv align="center"img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk.gif" border="0" alt="" /br / /div/td tddiv align="center"img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk-red.gif" border="0" alt="" /br / /div/td /tr tr style="border-bottom: 1px solid #CCC;" tdTips and advice tailored to your unique tax situation/td tddiv align="center"img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk.gif" border="0" alt="" /br / /div/td tddiv align="center"img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk-red.gif" border="0" alt="" /br / /div/td /tr tr style="border-bottom: 1px solid #CCC;" tdSupport in case of an audit (fees may apply)/td tddiv align="center"img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk.gif" border="0" alt="" /br / /div/td tddiv align="center"img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk-red.gif" border="0" alt="" /br / /div/td /tr tr style="border-bottom: 1px solid #CCC;" tdHandles tax impact of changes in your life/td tddiv align="center"img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk.gif" border="0" alt="" /br / /div/td tddiv align="center"img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk-red.gif" border="0" alt="" /br / /div/td /tr tr style="border-bottom: 1px solid #CCC;" tdYears of expertise to help answer your questions/td tddiv align="center"img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk.gif" border="0" alt="" /br / /div/td tddiv align="center"img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk-red.gif" border="0" alt="" /br / /div/td /tr tr style="border-bottom: 1px solid #CCC;" tdUp-to-date with all the latest tax laws/td tddiv align="center"img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk.gif" border="0" alt="" /br / /div/td tddiv align="center"img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk-red.gif" border="0" alt="" /br / /div/td /tr tr style="border-bottom: 1px solid #CCC;" tdFederal efile included at no extra charge/td tddiv align="center"img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk.gif" border="0" alt="" /br / /div/td tddiv align="center"img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk-red.gif" border="0" alt="" /br / /div/td /tr tr style="border-bottom: 1px solid #CCC;" tdPrepare and file your taxes anytime, 24/7/td tddiv align="center"/div/td tddiv align="center"img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk-red.gif" border="0" alt="" /br / /div/td /tr tr style="border-bottom: 1px solid #CCC;" tdDo your taxes yourself, without leaving home/td tddiv align="center"/div/td tddiv align="center"img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chk-red.gif" border="0" alt="" /br / /div/td /tr /tbody /table /div div class="break" /div h4Finds All Tax Deductions and Credits You Deserve to Get Your Biggest Refund/h4 div class="rightImage" style="width:350px" img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-1.jpg" width="350" height="126" alt="alt" / div class="imageCaption"Start your return and efile with Turbotax today. Intuit will submit your return when the IRS starts accepting them on January 14, 2011. The IRS will email you a confirmation within 48 hours. /div /div div class="rightImage" style="width:350px" img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-2.jpg" width="350" height="126" alt="alt" / div class="imageCaption"TurboTax guides you through your taxes, like a GPS, with extra help for first-time users. /div /div div class="rightImage" style="width:350px" img src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-3.jpg" width="128" height="127" alt="alt" / /div h5Maximizes Your Tax Deductions/h5 pAsks simple questions about your income, family situation and changes in your tax situation and credits. Then, based on your answers, searches for more than 350 deductions and credits to get you the biggest tax refund—guaranteed./p h5Looks for Deduction Opportunities as You Go/h5 pShows you which deductions you've taken. Which deductions you haven't. And tells you how to qualify for just about any deduction, so you don't miss any opportunities to save./p h5Gets You the Maximum Deduction for Donations/h5 pItsDeductible (included) helps you accurately value items you donate to charity–no more guessing. Plus, it tracks other donations such as cash, mileage and stocks, to help you get every charitable deduction you're entitled to./p h5Handles Your Life Changes/h5 pChanged jobs? Got married? Bought a home? Had a baby? TurboTax guides you through common life changes, explains how the changes will impact your taxes, and tells you what you can deduct./p h5Helps with Medical Expenses/h5 pDoes all the math and tells you if you qualify to deduct your medical expenses for maximum tax savings./p h4Helps You Reduce Audit Risk/h4 h5Tracks Your Audit Risk/h5 Audit Risk Meter checks your tax return for common audit triggers. Shows whether your risk is high or low. And provides tips to help you reduce your chance of an audit. h5Includes Downloadable Audit Support Center/h5 pGives you step-by-step guidance on everything you need to know and do if the IRS contacts you./p h5Also Available: Audit Defense/h5 pProvides full-service representation by a trained tax professional. You will never have to meet with the IRS, unless you want to./p h4Does the Hard Work for You/h4 h5Asks Easy Questions, Tailored to You/h5 pGuides you step by step through your tax return and puts your answers on the right tax forms for you. Skips interview questions that don't apply to you, so you can finish your return faster./p h5Automatically Fills in W-2 and 1099 Info/h5 pGets your W-2 and 1099 data directly from over 100,000 participating employers and financial institutions and automatically puts it in the right tax forms. A brief summary lets you review and edit downloaded information if necessary./p h5Transfers Last Year's Tax Info/h5 pNo retyping necessary. Fills in information from your previous year's return to save time and increase accuracy. Shows you what you're importing and where it goes in your return. You can also import from other tax software including TaxACT and HR Block's TaxCut./p h5Imports a PDF of Last Year's Tax Return/h5 pEasily imports prior year tax data/documents from TurboTax, other tax software brands and tax stores./p h5Imports Your Financial Data/h5 pImports information from your financial software (including Quicken, QuickBooks 2007 and higher, and Microsoft Money) so you can skip the cut and paste this year./p h5Makes it Easy to Hold Your Place/h5 pFlag areas in your tax return so you can get back to them easily./p h4Provides Help and Advice When You Need It/h4 h5Live Tax Answers/h5 pGet live answers online from TurboTax experts and other TurboTax users in our Live Community2. Plus you'll have instant access to answers to commonly asked tax questions on every screen./p h5Straightforward Guidance Advice/h5 pFind help on any tax topic from anywhere within TurboTax. Get plain-English explanations of specific tax areas and helpful examples when you need them./p h5Guide Me/h5 pNot sure how to answer a tax question? We'll guide you to the right answer, making your taxes even easier./p h5Explains Your Return/h5 pShows you a summary of your return, including income, tax, credits and payments so you know your taxes are accurate. Provides recommendations to help you get an even bigger refund next year./p h5Free Technical Support/h5 pGot a software question? No problem! Get answers from a TurboTax expert via e-mail, phone, or live chat./p h4Spots Errors and Shows How to Fix Them/h4 h5Smart Check Scans for Mistakes/h5 pSmart Check double-checks your return for errors, so you can be confident your taxes are done right./p h5Guaranteed Accurate Calculations/h5 pIf you should get hit with an IRS or state penalty or interest due to a TurboTax calculation error, we'll pay you the penalty and interest./p h5Keeps You Up-to-Date with the Latest Tax Laws/h5 pWith a single click you can check for updates each time you start to ensure your return includes the latest IRS and state tax forms. No more disruptions while you work on your return./p h4Get Your Refund Faster with Included Federal Efile/h4 h5Shows Your Tax Refund in Real Time/h5 pWatch your refund add up as you complete your return. Our Dual Refund Monitor constantly displays and updates both your federal and state refunds (or taxes due) as you complete your federal return./p h5Federal Efile Included/h5 pGet your refund in as few as 8 days with efile and direct deposit. Free federal efile is included with TurboTax at no extra charge. If you're a returning user, we'll automatically transfer your efile information from your previous year's return to save you even more time./p h5New Options to Get Your Refund Fast/h5 pDirect deposit your tax refund on a TurboTax Refund Card, a reloadable Visa prepaid card that can be used everywhere Visa debit is accepted. Or put your refund on a prepaid card you already have./p h2Compare TurboTax Products /h2 pimg src="http://images.amazon.com/images/G/01/software/detail-page/B0043T4IAW-chart.jpg" //p smallpstrongTurboTax TY 2010 Disclaimers/strong/p pstrong100% accurate calculations guaranteed/strongbr / If you pay an IRS or state penalty or interest because of a TurboTax calculations error, we'll pay you the penalty and interest./p pstrongMaximum Refund Guarantee--or Your Money Back/strongbr / If you get a larger refund or smaller tax due from another tax preparation method, we'll refund the applicable TurboTax federal and/or state purchase price paid. TurboTax Federal Free Edition customers are entitled to payment of $14.95 and a refund of your state purchase price paid./p pClaims must be submitted within sixty (60) days of your TurboTax filing date and no later than 6/18/11. E-file, Audit Defense, Professional Review, Ask a Tax Expert, Refund Transfer and technical support fees are excluded. This guarantee cannot be combined with the TurboTax Satisfaction (Easy) Guarantee./p pstrongYou're never alone with TurboTax; you can get answers with free product support when you need it through chat, online community, and by phone./strongbr / Technical support (phone and chat) hours are limited and vary by time of year./p pstrong#1 Rated, Best-Selling (tax software)/strongbr / Based on aggregated sales data for tax year 2009 and press reviews for TurboTax Deluxe and Premier for tax year 2009./p /small /div