This is an amazing tax program. On a personal basis when this software was first used many years ago, we did not realize that by double clicking in some areas you could bring up additional information and specific forms that helped you fill out the page you were working on. Last year, medical expenses were missed initially because the general form on schedule A was just that. When we did some exploring by double clicking on certain lines other form were brought up that showed expenses that were missed because we had forgotten the particular items were deductible. For personal taxes I would not use any other software. While comparing this product with another fine tax program, that we had used for many years, we discovered that a major exception was listed on both products. With one you had to read each and every rule and understand that you were eligible for the TAX EXCEPTION, while with Turbo tax it came up automatically based on the information filled in during the initial interview process. My personal savings was about $8,000 in this particular instance. Had I used the other software I would have missed this exception.
Product details: Basic information provided below is directly from the Turbo Tax Web site.
Basic
Find all the guidance you need for 1040EZ and other simple tax returns.
$29.95 State (optional)
Deluxe
Get your maximum refund guaranteed.
Find out how to qualify for over 350 deductions, including those for mortgage interest and donations.
Plus, get everything in Basic.
Federal & State both included
Premier
Own investments?
Make the most of your stocks, bonds, mutual funds, and rental properties. Easily calculate your basis for selling shares.
Plus, get everything in Deluxe.
Federal & State both included Federal & State both included
Home and Busines
Are you a sole proprietor, consultant, contractor, or single-owner LLC?
Get extended help for your Schedule C. Find more business write-offs, and easily determine depreciation of your assets.
Plus, get everything in Premier.
Finds write-offs, including home office, travel, and supply expenses
Reveals your most profitable depreciation method for business assets
Uncovers commonly overlooked deductions by industry
Federal & State both included
Business
If you are an S Corporation, partnership, multi-owner LLC, or C Corporation, choose Business
Easier to maximize business deductions for vehicles, supplies, and more
Helps you find tax write-offs by industry, to help you spot more deductions
Imports QuickBooks* tax-ready info to save time and ensure accuracy