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Personal Finance

Rating: 3.8 / 5.0 (195 votes)

Released: 2008-11-21

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TurboTax Home & Business Federal + State + eFile 2008 [OLD VERSION] by Intuit

Tool Small print

Brand: Intuit Media: CD-ROM Hardware Platform: PC Running Machine: Windows 2000

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Includes the whole lot you want to your self-employment and personal earnings taxes.


home Windows Vista, home Windows 2000, home Windows XP, Mac OS X

Product Options

  • Put together and print unlimited federal and state returns; e-file up to 5 federal returns (per IRS tips) at no extra cost
  • Comprises free federal efile — receive IRS confirmation and get your refund in as few as eight days
  • Tailors questions for sole proprietors, consultants, 1099 contractors, and single-owner LLCs and offers step-with the aid of-step steering for coming into profits and rate
  • Multiplied Agenda C steerage shows which bills that you may deduct on your vehicle, provides, dwelling office expenses and extra to maximize what you are promoting deductions
  • Create W-2 and 1099-MISC varieties for your workers and contractors (Windows best)

Editorial Review

TurboTax Residence & Trade contains the whole lot taxpayers want for self-employment and personal income taxes. Designed for taxpayers who’ve their very own industry, TurboTax House & Business contains the whole lot in TurboTax Most desirable plus an expanded interview that courses consumers step-by way of-step thru Schedule C, categorizing trade bills, maximizing residence workplace deductions and calculating and reporting depreciation.

Asks straightforward questions about your corporation
Asks you questions in plain English, then places your info on the precise trade tax types for you.

Maximizes non-public and business deductions
We seek for more than 350 private and self-employment deductions to get you the most important tax refund possible–guaranteed.

Efile for a fast refund
Efile with direct deposit to get your refund in as few as 8 days. Federal efile incorporated.

The whole lot you wish to easily do your individual and business taxes.

Provides Guidance for Self-Employment Profits and Deductions

New easier interview customizes questions in keeping with your online business profile (sole-proprietor, guide, 1099 contractor, and single-proprietor LLC) and provides you step-via-step steerage for entering profits and expenses.

Helps Find Small-Trade Tax Deductions
Displays you which expenses which you could deduct to your automobile, supplies, utilities, home place of business expenses, and extra, so you get each business deduction you deserve.

Identifies Business-Specific Deductions
Walks you through tax write-offs with the aid of trade that will help you spot recurrently overlooked deductions.

Gets You the Biggest Automobile Deduction
Shows you whether you'll get an even bigger deduction the usage of actual bills or the standard mileage fee. Provides extra help for splitting vehicle expenses between business and private use.

Makes Getting into Profits More straightforward
Presentations all business profits varieties on a single page so you know you've covered all sources of business earnings.

Creates W-2 and 1099 Kinds
Helps you put together limitless varieties for employees and contractors. Does all calculations and prints on simple paper. No unique forms needed.

Stronger–Simplifies Asset Depreciation
Helps you determine which depreciation manner will get you the most important deduction, then publications you thru calculating and reporting depreciation.

Streamlines Fee Entry
Walks you via all rate classes and gives further tax deduction ideas along the best way so that you would be able to maximize your financial savings.

Offers Additional Guidance for New Businesses
Presentations the startup deductions new businesses can take.

Submitting More than one Returns? It’s Simple with TurboTax
That You can put together and print unlimited federal and state returns and e-file up to five federal returns (per IRS pointers) with TurboTax at no additional charge. You get all of the features and benefits of TurboTax, like year-over-year transfer and audit support tools.

Federal e-submitting is easy, quick and more correct than paper submitting and eliminates forms hassles. You'll receive IRS confirmation your return has been bought and best possible of all, you'll get a quicker refund—in as little as eight days.* And you can start and work on as many returns as you love and still use all of the tax planning options (state of affairs and alternative planning) you've come to value with no need to pay additional.

*IRS most often estimates 8-15 days for efile with direct deposit.

Helps You Get the Most from Your Investments

Unique–Imports Your Investment Information
Saves time by means of mechanically importing your investment info instantly from your financial institution.

Helps You Safely Record Funding gross Sales
Walks you through reporting gross sales of shares, bonds and mutual money. Automatically calculates capital features/losses and retains monitor of those who lift over to future tax returns.

Determines Your Value Foundation
Finds your correct buy worth for stock gross sales, in three straightforward steps.

Helps with Employee Stock Plans
Courses you through reporting sales and mechanically determines your perfect foundation for promoting shares bought at completely different occasions or totally different prices.

Speeds Up More than one Investment Entry
Brief-reduce interview lets you fast enter a couple of investments and offers extra help and steerage if you would like it.

401(k) Maximizer
Presentations you easy methods to elevate your 401(ok) contribution with out lowering your take-dwelling pay.

Exclusive–Helps You Find Every Condominium Deduction
Finds over 20 deductions for landlords, from shuttle to promoting to repairs to insurance coverage.

Unique–Shows Your Best possible Condo Depreciation Approach
Simplifies reporting apartment property depreciation and shows which depreciation method will get you the biggest tax deduction.

Simplifies Reporting Multiple Homes
Quick-lower interview speeds you through getting into a couple of condominium properties and gives additional lend a hand and guidance if you need it.

Maximizes Refinancing Deductions
Courses you thru deducting factors, appraisal fees, recording costs, and extra so you don't pass over a single chance to avoid wasting.

Handles Supplemental Partnership Expenses
Guides you via deducting your out-of-pocket partnership bills.

Helps with New Condo Residences
Displays you step-by-step arrange new rental houses.

Finds All of the Deductions You Deserve

Maximizes Your Tax Deductions
Asks simple questions about your earnings, domestic scenario and adjustments to your tax situation. Then, according to your answers, searches for more than 350 deductions to get you the most important tax refundÑguaranteed.

Appears to be like for Deduction Alternatives as You Go
Presentations you which of them deductions you've taken. Which deductions you haven't. And tells you the best way to qualify for almost any deduction, so you don't omit any opportunities to save.

Gets You the Maximum Deduction for Donations
ItsDeductible (integrated) helps you adequately worth gadgets you donate to charity–no extra guessing. Plus, it tracks other donations akin to cash, mileage and stocks, that will help you get each charitable deduction you're entitled to.

Better–Handles Your Life Changes
Changed jobs? Received married? Bought a home? Had a child? TurboTax courses you through standard existence changes, explains how the modifications will affect your taxes, and tells you what that you would be able to deduct.

Helps with Clinical Expenses
Does the entire math and tells you in the event you qualify to deduct your scientific expenses for optimum tax savings.

Helps You Scale back Audit Possibility

New–Tracks Your Audit Possibility
Audit Possibility Meter checks your tax return for common audit triggers. Presentations whether your possibility is high or low. And provides tips that will help you cut back your probability of an audit.

Contains Downloadable Audit Beef up Center
Provides you step-by way of-step steerage on everything you wish to know and do if the IRS contacts you.

Alerts You to Audit Crimson Flags
Compares your deductions to national averages in your profits bracket so that you may speedy see if your deductions fall outdoor the norm and may be able to set off an audit.

Also On hand: Audit Safeguard
Provides full-provider illustration through a trained tax professional. You’re going to never have to meet with the IRS, unless you want to.

Why TurboTax Dwelling & Business is the very best choice for you…

TurboTax House & Trade used to be designed to help you take full benefit of your individual and business deductions so that you get the most important tax refund that you can imagine.

Make a choice TurboTax Residence & Trade if any of the following apply to you:

  • You are a sole proprietor, guide, 1099 contractor, or single-owner LLC

  • You receive earnings from a aspect job or self-employment
  • You put together W-2 and 1099-MISC varieties for workers or contractors
  • You file your own and trade taxes together

If you own an S Corp, partnership, C Corp, or more than one-proprietor LLC, choose TurboTax Trade.

Does the Arduous Work for You

Asks Straightforward Questions, Tailor-made to You
Courses you step by step through your tax return and places your answers on the proper tax varieties for you. Skips interview questions that don't practice to you, so you can end your return quicker.

Improved–Automatically Fills in W-2 and 1099 Data
Gets your W-2 and 1099 information right away from over a hundred,000 participating employers and monetary institutions and robotically places it in the appropriate tax types. A quick abstract permits you to overview and edit downloaded information if important.

Transfers Last 12 months's Tax Info
No retyping important. Fills in knowledge from your earlier year's return to save lots of time and increase accuracy. Displays you what you're importing and the place it goes to your return. That you would be able to additionally import from different tax device together with TaxACT and H&R Block's TaxCut.

Imports Your Financial Data
Imports knowledge from your monetary software (including Quicken, QuickBooks 2007 and higher, and Microsoft Cash) so which you could skip the cut and paste this year.

Offers Help and Advice When You Need It

Live Tax Answers
Get live answers online from TurboTax consultants and different TurboTax users in our Reside Group. Plus you'll have fast get right of entry to to answers to usually asked tax questions about each screen.

Simple Steering & Advice
to Find lend a hand on any tax subject from anywhere within TurboTax. Get simple-English explanations of particular tax areas and useful examples after you want them.

New–Information Me
Now Not sure how to reply to a tax query? We'll information you to the appropriate answer, making your taxes even more straightforward.

New–Explains Your Return
Presentations you a summary of your return, including profits, tax, credits and funds so you recognize your taxes are accurate. Gives suggestions to help you get a good greater refund next year.

FREE Technical Give a boost to
Acquired a tool question? No drawback! Get answers from a TurboTax knowledgeable by means of email, cellphone, or reside chat.

Spots Error and Displays The right way to Restore Them

Exams for Errors
Double-exams your return for mistakes, so which you can be assured your taxes are achieved right.

Guaranteed Accurate Calculations
Should you will have to get hit with an IRS or state penalty or pastime because of a TurboTax calculation error, we'll pay you the penalty and pastime.

Retains You Up-to-Date with the Newest Tax Regulations
With a single click on you could take a look at for updates every time you begin to verify your return contains the most recent IRS and state tax kinds. No extra disruptions when you work on your return.

Get Your Refund Faster with Incorporated Federal Efile

Stronger–Displays Your Tax Refund in Real Time
Watch your refund add up as you full your return. Our stronger Dual Refund Display repeatedly displays and updates both your federal and state refunds (or taxes due) as you complete your federal return.

New–Federal Efile Integrated
Get your refund in as few as 8 days with efile and direct deposit. 5 federal efiles are now incorporated with TurboTax at no further cost. In the event you're a returning person, we'll routinely transfer your efile information out of your previous yr's return to save lots of you much more time.

Evaluate TurboTax Device

Make a choice the tax preparation answer that most closely fits your wants:

More Important points

Publisher: Intuit, Inc. Category: Personal Finance Binding: CD-ROM

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