TurboTax Home & Business includes everything taxpayers need for
self-employment and personal income taxes. Designed for taxpayers
who have their own business, TurboTax Home & Business includes
everything in TurboTax Premier plus an expanded interview that
guides customers step-by-step through Schedule C, categorizing
business expenses, maximizing home office deductions and
calculating and reporting depreciation.
Asks easy questions about your business
Asks you questions in plain English, then puts your info on the
right business tax forms for you. Click to .
Maximizes personal and business deductions
We search for more than 350 personal and self-employment
deductions to get you the biggest tax refund
possible--guaranteed. Click to .
Efile for a fast refund
Efile with direct deposit to get your refund in as few as 8 days.
Federal efile included.
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Everything you need to easily do your personal and business
taxes.
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Provides Guidance for Self-Employment Income and Deductions
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New easier interview customizes 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. Helps Find Small-Business Tax
Deductions
Shows you which expenses you can deduct for your vehicle,
supplies, utilities, home office expenses, and more, so you get
every business deduction you deserve.
Identifies Industry-Specific Deductions
Walks you through tax write-offs by industry to help you spot
commonly overlooked deductions.
Gets You the Biggest Vehicle Deduction
Shows 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.
Makes Entering Income Easier
Shows all business income types on a single page so you know
you've covered all sources of business income.
Creates W-2 and 1099 Forms
Helps you prepare unlimited forms for employees and contractors.
Does all calculations and prints on plain paper. No special forms
needed.
Improved--Simplifies Asset Depreciation
Helps you determine which depreciation method will get you the
biggest deduction, then guides you through calculating and
reporting depreciation.
Streamlines Expense Entry
Walks you through all expense categories and provides additional
tax deduction suggestions along the way so you can maximize your
savings.
Offers Extra Guidance for New Businesses
Shows the startup deductions new businesses can take.
Filing Multiple Returns? It’s Easy with TurboTax
You can prepare and print unlimited federal and state returns and
e-file up to five federal returns (per IRS guidelines) with
TurboTax at no additional charge. You get all the features and
benefits of TurboTax, like year-over-year transfer and audit
support tools.
Federal e-filing is easy, fast and more accurate than paper
filing and eliminates paperwork hassles. You'll receive IRS
confirmation your return has been received and best of all,
you'll get a faster refund—in as little as 8 days.* And you can
start and work on as many returns as you like and still use all
the tax planning features (scenario and alternative planning)
you've come to value without having to pay extra.
*IRS typically estimates 8-15 days for efile with direct
deposit.
Helps You Get the Most from Your Investments
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Exclusive--Imports Your Investment Info
Saves time by automatically importing your investment info
directly from your financial institution.
Helps You Accurately Report Investment Sales
Walks 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.
Determines Your Cost Basis
Finds your accurate purchase price for stock sales, in three
easy steps.
Helps with Employee Stock Plans
Guides you through reporting sales and automatically determines
your correct basis for selling shares purchased at different
times or different prices.
Speeds Up Multiple Investment Entry
Short-cut interview lets you quickly enter multiple investments
and provides extra help and guidance if you need it.
401(k) Maximizer
Shows you how to increase your 401(k) contribution without
decreasing your take-home pay.
Exclusive--Helps You Find Every Rental Deduction
Finds over 20 deductions for landlords, from travel to
advertising to repairs to insurance.
Exclusive--Shows Your Best Rental Depreciation Method
Simplifies reporting rental property depreciation and shows
which depreciation method will get you the biggest tax deduction.
Simplifies Reporting Multiple Properties
Short-cut interview speeds you through entering multiple rental
properties and provides extra help and guidance if you need it.
Maximizes Refinancing Deductions
Guides you through deducting points, appraisal fees,
costs, and more so you don't miss a single chance to save.
Handles Supplemental Partnership Expenses
Guides you through deducting your out-of-pocket partnership
expenses.
Helps with New Rental Properties
Shows you step by step how to set up new rental properties.
Finds All the Deductions You Deserve
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Maximizes Your Tax Deductions
Asks simple questions about your income, family situation and
changes in your tax situation. Then, based on your answers,
searches for more than 350 deductions to get you the biggest tax
refundÑguaranteed.
Looks for Deduction rtunities as You Go
Shows 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 rtunities to save.
Gets You the Maximum Deduction for Donations
ItsDeductible (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.
Improved--Handles Your Life Changes
Changed 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.
Helps with Medical Expenses
Does all the math and tells you if you qualify to deduct your
medical expenses for maximum tax savings.
Helps You Reduce Audit Risk
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New--Tracks Your Audit Risk
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.
Includes Downloadable Audit Support Center
Gives you step-by-step guidance on everything you need to know
and do if the IRS contacts you.
Alerts You to Audit Red s
Compares your deductions to national averages for your income
bracket so you can quickly see if your deductions fall outside
the norm and could possibly trigger an audit.
Also Available: Audit Defense
Provides full-service representation by a trained tax
professional. You will never have to meet with the IRS, unless
you want to.
Why TurboTax Home & Business is the easiest choice for you...
TurboTax Home & Business was designed to help you take full
advantage of your personal and business deductions so you get the
biggest tax refund possible.
Choose TurboTax Home & Business if any of the following apply to
you:
* You are a sole proprietor, consultant, 1099 contractor, or
single-owner LLC
* You receive income from a side job or self-employment
* You prepare W-2 and 1099-MISC forms for employees or
contractors
* You file your personal and business taxes together
If you own an S Corp, partnership, C Corp, or multiple-owner
LLC, choose TurboTax Business.
Does the Hard Work for You
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Asks Easy Questions, Tailored to You
Guides 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.
Improved--Automatically Fills in W-2 and 1099 Info
Gets 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.
Transfers Last Year's Tax Info
No 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 H&R Block's
TaxCut.
Imports Your Financial Data
Imports information from your financial software (including
Quicken, QuickBooks 2007 and higher, and Microsoft Money) so you
can skip the cut and paste this year.
Provides Help and Advice When You Need It
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Live Tax Answers
Get live answers online from TurboTax experts and other TurboTax
users in our Live Community. Plus you'll have instant access to
answers to commonly asked tax questions on every screen.
Straightforward Guidance & Advice
Find help on any tax topic from anywhere within TurboTax. Get
plain-English explanations of specific tax areas and helpful
examples when you need them.
New--Guide Me
Not sure how to answer a tax question? We'll guide you to the
right answer, making your taxes even easier.
New--Explains Your Return
Shows 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.
FREE Technical Support
Got a software question? No problem! Get answers from a TurboTax
expert via e-mail, phone, or live chat.
Spots Errors and Shows How to Fix Them
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Checks for Mistakes
Double-checks your return for errors, so you can be confident
your taxes are done right.
Guaranteed Accurate Calculations
If 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.
Keeps You Up-to-Date with the Latest Tax Laws
With 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.
Get Your Refund Faster with Included Federal Efile
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Improved--Shows Your Tax Refund in Real Time
Watch your refund add up as you complete your return. Our
improved Dual Refund Monitor constantly displays and updates both
your federal and state refunds (or taxes due) as you complete
your federal return.
New--Federal Efile Included
Get your refund in as few as 8 days with efile and direct
deposit. Five federal efiles are now 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.
Compare TurboTax Software
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Choose the tax preparation solution that best suits your needs:
- Prepare and print unlimited federal and state returns; e-file up to five federal returns (per IRS guidelines) at no additional charge.
- Includes free federal efile -- receive IRS confirmation and get your refund in as few as 8 days.
- Tailors questions for sole proprietors, consultants, 1099 contractors, and single-owner LLCs and gives step-by-step guidance for entering income and expense.
- Expanded Schedule C guidance shows which expenses you can deduct for your vehicle, supplies, home office expenses and more to maximize your business deductions.
- Create W-2 and 1099-MISC forms for your employees and contractors (Windows only).