TurboTax Home & Business 2024
Intuit Turbo Tax Home and Business Online Tax Preparation
TurboTax
Home & Business is designed for sole proprietors and includes everything
you need to easily prepare your personal and business tax returns as well
as efiling them with the IRS.
With TurboTax Home and Business you can Spot Industry-Specific Deductions — Look through tax write-offs by industry to help you spot commonly overlooked deductions.
TurboTax Home and Business Features
Includes Help Support for Finding Small-Business Tax Deductions — See which expenses you can deduct for supplies, utilities, home office expenses, your vehicle, and more. Get every business deduction you deserve.
Get the Biggest Vehicle Deduction — See whether you can get a larger deduction using the standard mileage rate or actual expenses. Includes extra support for splitting vehicle expenses between personal and business use.
Easier Income Entry — Discover all business income types from a single page so you can be sure you’ve covered all sources of business income.
Simplify Asset Depreciation — Discover which depreciation method can get you the biggest deduction. Includes guidance for calculating and reporting depreciation.
Includes guidance for creating W-2 and 1099 Forms — Prepare unlimited forms for contractors and employees. Calculate and print on plain paper, no special forms needed. Mac users will need to have Internet access to create W-2 and 1099 forms.
New Businesses Guidance — Find startup deductions new businesses can take.
TurboTax
Home & Business Desktop Tax Software is easy to use and takes much of the
stress out of the tax preparation process.
One of the things I like best about TurboTax is its time-saving ability to import financial data from Quicken, QuickBooks, Microsoft Money or any program that can export TXF files.
I also like the clean, uncluttered, easy to use interface.
Streamline your Expense Entry — Walk through all expense categories one step at a time.
Additional tax deduction suggestions are provided as you go so you can maximize your savings instantly as you progress.
TurboTax Home and Business Also includes everything in TurboTax Premier.
Choose TurboTax Home & Business if:
- You file your personal and business taxes together
- You receive income from a side job or self-employment
- You are a sole proprietor, consultant, 1099 contractor, or single-owner LLC
- You prepare W-2 and 1099-MISC forms for employees or contractors
The Deduction Center can help you find every deduction possible. I decided to test the software and intentionally left out a couple possible deductions. TurboTax Business Edition would be another choice depending on your needs.
The software found the deductions showing me that letting the program do the work is best. You can always click on the "Do I Qualify" links if you're not sure you qualify for some deduction.
Most entries include a link to explanations and additional information, so you don't end up feeling lost or overwhelmed.
