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  TurboTax Home & Business 2007



TurboTax Home & Business 2007

TurboTax Home & Business 2007 This Product Includes: everything you need for your self-employment and personal income taxes. Expanded interview guides you step-by-step through Schedule C, categorizing business expenses, home office deductions, depreciation and more. Plus, includes one free state download. Choose TurboTax Home & Business if: * You are a sole proprietor (you file a Schedule C). A sole proprietorship is a company with one owner that is not registered as a limited liability company (LLC) for tax purposes or a corporation. * You receive income from a business you run from your home or from a separate office (that isn't incorporated or an LLC). * You receive income from a side job, such as home-party sales like Tupperware or Mary Kay. * You receive self-employment income from contract work, freelancing, or consulting services? * You have multiple sole proprietor businesses. * You need to prepare W-2 or 1099-MISC forms for employees and contractors. * You don't file separate returns for your business and personal income taxes. * Your business is not an S corporation (Form 1120S), a partnership or limited liability company (LLC) (Form 1065), a C corporation (Form 1120), or an estate or trust (Form 1041). * Have more questions? Which Product Should I Buy? Note: If you are incorporated or a partnership/LLC, you'll need to use TurboTax Business to do your business return, plus one of our personal products. When you use TurboTax Business, you must also file a personal tax return. Key Advantages * In-depth Business Deduction Interview shows what expenses you can deduct for your home office, travel, advertising, insurance, interest, office expenses, leased and owned vehicles and more. * NEW! Industry-specific Deductions — See a list of typical deductible and non-deductible expenses by industry to see where you stand. * NEW Deduction Maximizer Center — shows you how to qualify for over 350 deductions, from mortgage interest, to child-care expenses and more, so there are no lost opportunities! * Prior Year Data Import saves you time. TurboTax transfers and lets you edit information from your last year's TurboTax return so you don't have to enter it again. * New Tools to Easily Make Changes with summary pages at the end of each section make it easy to find and edit data you've already entered. Also, quickly jump to sections of your return using a clickable tax topic list. TurboTax State program contains all of your state's tax forms and tax law changes for the year 2005. It transfers data automatically from your Federal return and does all the math. TurboTax State program covers one of 45 states: Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Iowa, Indiana, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Utah, Vermont, Virginia, West Virginia, and Wisconsin

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  Available Tax Software versions for 2007
  TaxCut Business - Year 2007
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  TaxCut Premiere - Year 2007
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  TurboTax Business - Year 2007
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  TurboTax Home & Business - Year 2007
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  TurboTax Federal & State - Year 2007
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  TurboTax Federal & State - Year 2007
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  TurboTax Deluxe - Year 2007
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  TurboTax Federal - Year 2007
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  TaxCut Premiere - Year 2007
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  TaxCut Home & Business - Year 2007
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