TurboTax Home & Business for Self-Employment and Personal Taxes

Everything you need to easily do your personal and business taxes.

Provides Guidance for Self-Employment Income and Deductions

Tailors questions for sole-proprietors, consultants, 1099 contractors, and single-owner LLCs.

•   Helps Find Small-Business Tax Deductions — Shows you which expenses you can deduct for your vehicle, supplies, utilities, home office, and more, so nothing slips through the cracks.
•  Identifies Industry-Specific Deductions — Walks you through tax write-offs by industry so you don’t miss out on money you’re entitled to.
•  Prepares W-2 and 1099 Forms — Helps you prepare unlimited forms for employees and contractors—guaranteed 100% accurate.
•   Makes Asset Depreciation Easy — Simplifies reporting depreciation of business assets and shows which depreciation method gets you the biggest tax deduction.
•  Makes Expense Entry Easy — Walks you through all expense categories and provides additional tax deduction suggestions along the way.
•  Simplifies Income Entry — Quickly and easily enter income from all business sources.
• Extra Guidance for New Businesses — Shows which start-up costs new businesses can deduct.

Also includes everything in Premier:

Helps You Get the Most from Your Investments

•   Imports Your Investment Info — Saves time by automatically importing your investment info directly from your financial institution.
•  Determines Your Cost Basis — Finds your accurate purchase price for stock sales, in three easy steps.
• Calculates Your Capital Gains/Losses — Automatically calculates your capital gains and losses and keeps track of those that carry over to future tax returns.
• 401(k) Maximizer — Shows you how to increase your 401(k) contribution without decreasing your take-home pay.
•   Helps You Find Every Rental Deduction — Finds over 20 tax deductions for landlords, from travel to advertising to insurance.
•   Shows Your Best Rental Depreciation Method — Simplifies reporting rental property depreciation and shows which depreciation method will get you the biggest tax deduction.
• Maximizes Refinancing Deductions — Guides you through deducting points, appraisal fees, and recording costs so you don’t miss a single chance to save.

Finds the Deductions You Deserve

• Maximizes Tax Deductions — Searches for more than 350 deductions to get you the biggest tax refund—guaranteed.
•  Accurately Values Your Donations — ItsDeductible, built right in, provides accurate values for the items you donated to charity, so you get the biggest tax deduction possible.
• Handles Your Life Changes — Got a new job? Got married? Bought a home? TurboTax walks you through life changes so you don’t miss any opportunities to save.
• Helps with Medical Expenses — Does all the math and tells you if you qualify to deduct your
  medical expenses.

Helps You Reduce Audit Risk

•   Tracks Your Audit Risk — Audit Risk Meter™ checks your return for common audit triggers, shows whether your risk is high or low, and provides tips to help you reduce your risk of audit.
• Includes Audit Support Center — Provides step-by-step guidance on where you stand and how to prepare your response if you are contacted by the IRS, including a printable sample letter for reference.
• Alerts You to Audit Red Flags — Compares your tax 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.

Does the Hard Work for You

• Easy Questions, Tailored to You — Guides you step by step through your tax return and customizes questions based on your situation to save you time.
•   Automatically Fills in W-2 and 1099 Info — Gets your W-2 and 1099 information directly from over 100,000 companies and automatically puts it in the right tax forms.
• Transfers Last Year’s Tax Info — No retyping necessary. Fills in your tax return with your personal info from last year. You can also import last year’s info 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^® 2006 and higher, and Microsoft^® Money) so you can skip the cut and paste this year.

Offers Help When You Need It

•   Live Tax Answers — Our new Live Community gives you instant access to answers to relevant tax questions on every screen. Ask a question and get answers from tax experts and others in the
  TurboTax community.
• Straightforward Guidance — Offers plain-English explanations of specific tax areas and helpful examples when you need them.
• 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 Where to Fix Them

• 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.
• Always Up-to-Date with the Latest Tax Laws — Ensures your tax return includes the latest tax forms and complies with every update in the tax law.
• Preview Your Tax Summary and 1040 Tax Form Before You File — Preview a summary list to find any missing pieces of info, or view your filled-in 1040 form before you file.

Gets Your Refund Fast

• Tracks Your Tax Refund in Real Time — As you complete your tax return, watch your refund add up on our Refund Monitor.
• Speeds Up Your Tax Refund — Efile for FREE with direct deposit and get your refund in as few as
  8 days.

Start for Free Pay only when you print or efile.