Product Description: TurboTax Federal + State Home & Business 2007 is for both personal and small business returns. It guides you step-by-step and checks for errors asking you question in plain English then puts your answers on IRS- and state-approved forms, double checks your return for errors, and then alerts you to audit risks to help you reduce your chance of an audit. Ideal for Schedule C businesses, sole proprietors, self-employed, consultants and contractors, and single-owner LLCs. TurboTax Federal + State Home & Business also includes everything in TurboTax Premier.
Amazon.com: 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, there's 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 You're Missing Know what your competition deducts? We list tax write-offs by industry so you don't miss out on money you're 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 You're Missing Know what your competition deducts? We list tax write-offs by industry so you don't miss out on money you're 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 it's 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. We'll 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. You'll be half finished before you even start your state return.
Prepare taxes for one or multiple business - there's no limit.
Explore Over 100 Deductions for Life Changes
If you started working for yourself this year, congratulations. We'll handle your new situation upfront so you can finish your return with confidence. Here's 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. Don't 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 don't 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 Team's only job is to guard you and your information.
Tax Forms It's 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.
Saved me TIme & Money I have been using TurboTax since it first came out. This was the first time I ever used it for my business. It saved me a ton and I also purchased the optional audit defense. I submitted my tax return with complete confidence.
turbotax rocks This is the best product for filing tax returns, either by mail or electronically, period.
Turbo Tax made taxes easy, even for me! My taxes are very complicated and I am mathematically challenged, so I was terrified of doing them myself when my usual tax guy backed out at the last minute. Turbo Tax Home and Business made the process simple and painless, and I got it at a great price too!
Taxes done! We received this product very quickly. The price was very do-able. We managed to file our taxes on time with minimal experience. My only compaint was the help section. I found much of it to be hard to understand and confusing.
Easy as Pie! This is a very easy product to use and does an audit of entries and looks for red flags...you want the largest possible return use a $400 CPA if you want quick and easy (and Conservative) this is the best I've seen.
Anything Goes Trivia
Trevor
Megaton Man
