TurboTax Home & Business Federal + e-File + State 2010 - [Old Version]

by Intuit

Product Features

• TurboTax Home & Business offers step-by-step guidance through your self-employment and personal income taxes.
• Double-checks for accuracy & identifies missing deductions and credits.
• Designed for sole proprietors, self-employed, consultants, 1099 contractors, and single-owner LLCs.
• Creates W-2 and 1099-MISC forms for your employees and contractors.
• 5 Free Federal E-Files and included TurboTax State download product

Product Details

• Shipping Weight: 4 ounces
• Shipping: This item is also available for shipping to select countries outside the U.S.
• ASIN: B0043T4IQ6
• Item model number: 414641
• Date first available at Amazon.com: September 21, 2010
• Average Customer Review: 3.9 out of 5 stars  See all reviews (162 customer reviews)
• Amazon Best Sellers Rank: #127 in Software (See Top 100 in Software)
  • #7 in Software > Business & Office > Business Accounting > Accounting
  • #22 in Software > Tax Preparation
  • #31 in Software > The Mac Software Store

Product Description

Amazon.com Product Description

TurboTax Home & Business was designed to help you take full advantage of your personal and business deductions so you get the biggest tax refund possible, double-checking for accuracy and identifying missing deductions and credits. Includes free Federal E-File.

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

Guides you Step by Step through Self-Employment Income, Deductions, and Credits for your Biggest Tax Refund

Customizes questions based on your business profile (sole-proprietor, consultant, 1099 contractor, and single-owner LLC) and gives you step-by-step guidance for entering income and expenses.

Helps Find Small-Business Tax Deductions

Shows you which expenses you can deduct for your vehicle, supplies, utilities, home office expenses, and more, so you get every business deduction you deserve.

Identifies Industry-Specific Deductions

Walks you through tax write-offs by industry to help you spot commonly overlooked deductions.

Gets You the Biggest Vehicle Deduction

Shows you whether you'll get a bigger deduction using actual expenses or the standard mileage rate. Provides extra help for splitting vehicle expenses between business and personal use.

Makes Entering Income Easier

Shows all business income types on a single page so you know you've covered all sources of business income.

Creates W-2 and 1099 Forms

Helps you prepare unlimited forms for employees and contractors. Does all calculations and prints on plain paper. No special forms needed. Mac users must have Internet access to create W-2 and 1099 forms.

Simplifies Asset Depreciation

Helps you determine which depreciation method will get you the biggest deduction, then guides you through calculating and reporting depreciation.

Streamlines Expense Entry

Walks you through all expense categories and provides additional tax deduction suggestions along the way so you can maximize your savings.

Offers Extra Guidance for New Businesses

Shows the startup deductions new businesses can take.

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.

Helps You Accurately Report Investment Sales

Walks you through reporting sales of stocks, bonds and mutual funds. Automatically calculates capital gains/losses and keeps track of those that carry over to future tax returns.

Determines Your Cost Basis

Finds your accurate purchase price for stock sales, in three easy steps.

Helps with Employee Stock Plans

Guides you through reporting sales and automatically determines your correct basis for selling shares purchased at different times or different prices.

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 deductions for landlords, from travel to advertising to repairs 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, recording costs, and more so you don't miss a single chance to save.

Helps with New Rental Properties

Shows you step by step how to set up new rental properties.

Why TurboTax Home & Business is the easiest choice for you...

TurboTax Home & Business was designed to help you take full advantage of your personal and business deductions so you get the biggest tax refund possible.

Choose TurboTax Home & Business if any of the following apply to you:

• You are a sole proprietor, consultant, 1099 contractor, or single-owner LLC
• You receive income from a side job or self-employment
• You prepare W-2 and 1099-MISC forms for employees or contractors
• You file your personal and business taxes together

If you own an S Corp, partnership, C Corp, or multiple-owner LLC, choose TurboTax Business.

Why make the switch?

TurboTax is easy and it could save you money.

	Leading Tax Store	TurboTax
Asks you questions and fills in the right tax forms
Gets you every deduction and credit you deserve
Tips and advice tailored to your unique tax situation
Support in case of an audit (fees may apply)
Handles tax impact of changes in your life
Years of expertise to help answer your questions
Up-to-date with all the latest tax laws
Federal efile included at no extra charge
Prepare and file your taxes anytime, 24/7
Do your taxes yourself, without leaving home

Finds All Tax Deductions and Credits You Deserve to Get Your Biggest Refund

Start your return and efile with Turbotax today. Intuit will submit your return when the IRS starts accepting them on January 14, 2011. The IRS will email you a confirmation within 48 hours.

TurboTax guides you through your taxes, like a GPS, with extra help for first-time users.

Maximizes Your Tax Deductions

Asks simple questions about your income, family situation and changes in your tax situation and credits. Then, based on your answers, searches for more than 350 deductions and credits to get you the biggest tax refund—guaranteed.

Looks for Deduction Opportunities as You Go

Shows you which deductions you've taken. Which deductions you haven't. And tells you how to qualify for just about any deduction, so you don't miss any opportunities to save.

Gets You the Maximum Deduction for Donations

ItsDeductible (included) helps you accurately value items you donate to charity–no more guessing. Plus, it tracks other donations such as cash, mileage and stocks, to help you get every charitable deduction you're entitled to.

Handles Your Life Changes

Changed jobs? Got married? Bought a home? Had a baby? TurboTax guides you through common life changes, explains how the changes will impact your taxes, and tells you what you can deduct.

Helps with Medical Expenses

Does all the math and tells you if you qualify to deduct your medical expenses for maximum tax savings.

Helps You Reduce Audit Risk

Tracks Your Audit Risk

Audit Risk Meter checks your tax return for common audit triggers. Shows whether your risk is high or low. And provides tips to help you reduce your chance of an audit.

Includes Downloadable Audit Support Center

Gives you step-by-step guidance on everything you need to know and do if the IRS contacts you.

Also Available: Audit Defense

Provides full-service representation by a trained tax professional. You will never have to meet with the IRS, unless you want to.

Does the Hard Work for You

Asks Easy Questions, Tailored to You

Guides you step by step through your tax return and puts your answers on the right tax forms for you. Skips interview questions that don't apply to you, so you can finish your return faster.

Automatically Fills in W-2 and 1099 Info

Gets your W-2 and 1099 data directly from over 100,000 participating employers and financial institutions and automatically puts it in the right tax forms. A brief summary lets you review and edit downloaded information if necessary.

Transfers Last Year's Tax Info

No retyping necessary. Fills in information from your previous year's return to save time and increase accuracy. Shows you what you're importing and where it goes in your return. You can also import from other tax software including TaxACT and H&R Block's TaxCut.

Imports a PDF of Last Year's Tax Return

Easily imports prior year tax data/documents from TurboTax, other tax software brands and tax stores.

Imports Your Financial Data

Imports information from your financial software (including Quicken, QuickBooks 2007 and higher, and Microsoft Money) so you can skip the cut and paste this year.

Makes it Easy to Hold Your Place

Flag areas in your tax return so you can get back to them easily.

Provides Help and Advice When You Need It

Live Tax Answers

Get live answers online from TurboTax experts and other TurboTax users in our Live Community2. Plus you'll have instant access to answers to commonly asked tax questions on every screen.

Straightforward Guidance & Advice

Find help on any tax topic from anywhere within TurboTax. Get plain-English explanations of specific tax areas and helpful examples when you need them.

Guide Me

Not sure how to answer a tax question? We'll guide you to the right answer, making your taxes even easier.

Explains Your Return

Shows you a summary of your return, including income, tax, credits and payments so you know your taxes are accurate. Provides recommendations to help you get an even bigger refund next year.

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 How to Fix Them

Smart Check Scans for Mistakes

Smart Check 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.

Keeps You Up-to-Date with the Latest Tax Laws

With a single click you can check for updates each time you start to ensure your return includes the latest IRS and state tax forms. No more disruptions while you work on your return.

Get Your Refund Faster with Included Federal Efile

Shows Your Tax Refund in Real Time

Watch your refund add up as you complete your return. Our Dual Refund Monitor constantly displays and updates both your federal and state refunds (or taxes due) as you complete your federal return.

Federal Efile Included

Get your refund in as few as 8 days with efile and direct deposit. Free federal efile is included with TurboTax at no extra charge. If you're a returning user, we'll automatically transfer your efile information from your previous year's return to save you even more time.

New Options to Get Your Refund Fast

Direct deposit your tax refund on a TurboTax Refund Card, a reloadable Visa prepaid card that can be used everywhere Visa debit is accepted. Or put your refund on a prepaid card you already have.

Compare TurboTax Products

TurboTax TY 2010 Disclaimers

100% accurate calculations guaranteed
If you pay an IRS or state penalty or interest because of a TurboTax calculations error, we'll pay you the penalty and interest.

Maximum Refund Guarantee--or Your Money Back
If you get a larger refund or smaller tax due from another tax preparation method, we'll refund the applicable TurboTax federal and/or state purchase price paid. TurboTax Federal Free Edition customers are entitled to payment of $14.95 and a refund of your state purchase price paid.

Claims must be submitted within sixty (60) days of your TurboTax filing date and no later than 6/18/11. E-file, Audit Defense, Professional Review, Ask a Tax Expert, Refund Transfer and technical support fees are excluded. This guarantee cannot be combined with the TurboTax Satisfaction (Easy) Guarantee.

You're never alone with TurboTax; you can get answers with free product support when you need it through chat, online community, and by phone.
Technical support (phone and chat) hours are limited and vary by time of year.

#1 Rated, Best-Selling (tax software)
Based on aggregated sales data for tax year 2009 and press reviews for TurboTax Deluxe and Premier for tax year 2009.

Product Description

If you are a sole proprietor, consultant, contractor or single-owner LLC, TurboTax Hone and Business is the right choice for tax savings. Includes free state preparations and Federal e-File—receive IRS confirmation and get your refund in as fast as 8 days. State e-File available in certain states for an additional fee.

Customer Reviews

Most Helpful Customer Reviews

87 of 89 people found the following review helpful:

5.0 out of 5 stars Turbotax 2010 - getting pretty good, December 6, 2010

By 

WPB Consulting (Cary, NC) - See all my reviews

This review is from: TurboTax Home & Business Federal + e-File + State 2010 - [Old Version] (Software)

[I purchased the download version TurboTax Home & Business Federal + e-File + State 2010 [Download], but as this is essentially the same product, I am reviewing it here, too]

I have been a Turbotax user for quite a while, and have definitely seen a progression in quality and features of the Turbotax product. I remember last year, there were some installation issues for some. Turbotax 2010 downloaded and installed on my Windows 7 64-bit quickly and without issue. After executing the program, it immediately downloaded some updates and I was ready to get to work.

As usual, the State software is included free. This year, the integration with the State software seems even better. While the State download wasn't available yet, it gave me options for notification and what the status of availability was.

There doesn't seem to be many new features over last year, in fact, as far as I can tell, they don't come right out and say what is new over last year. However, the ones that are there are very nice:

* The Live Community is integrated even more into the software and is a handy feature. It is context sensitive, so the most popular questions for each section appear when you enter that section.

* There is also a Flags section which allows you to easily mark sections to work on later, which has proven valuable when trying to complete forms for which you only have preliminary data.

* Switching between Forms and Interview seems to be smoother as well, and there seems to be several ways to navigate to exactly the data you want to work on.

* It seems to be all about options, for many areas, the software offers you multiple ways of calculating the data so that you get the best possible return.

* Finally, ItsDeductible is still integrated and is a great tool.

Tax software has a unique problem; the features are to provide the smoothest and fastest tax preparation as possible. So, the better they make the product, the less time I need to work with it.

I plan to update this review as I complete my personal/business returns.


** UPDATE 12/28/2010 **

2010 figures are summarized side by side with (imported) 2009 figures, which is very helpful in identifying data that you might still need to enter.

I found that the set of guided questions about entering home office information misleading. Once a home office is added, you must click the Edit button to continue entering more information or else your entry will be incomplete, even though there is really no easy way to tell. That button should be a Start/Update button as found in other sections.

Yes, it is still preliminary, but on the Final Review section it does indeed provide a list of forms that haven't been finalized yet, and an expected due date for each. So you do have some idea of what calculations may change.

39 of 40 people found the following review helpful:

2.0 out of 5 stars TurboTax 2010 Home & Business - Software Issues, January 23, 2011

By 

Johndavidc (Indianapolis, IN United States) - See all my reviews

Amazon Verified Purchase

This review is from: TurboTax Home & Business Federal + e-File + State 2010 - [Old Version] (Software)

I have used Turbotax for the last 6-7 years and have always liked the product. This year, however, I don't believe Intuit / TurboTax did a very good job of debugging the software. It runs incredibly slow and tends to lock up for a few minutes (yes, minutes) when entering data into a data field. I have found a work-around in that after entering data, clicking on "file" or "view" (or any of the drop down menu's) will force the information in the data field and allow to continue to the next section (irritating and ridiculous but at least it works...). There are also issues with some data fields not appearing and therefore, data cannot be entered (again, the workaround is going directly to the forms view and entering the data direct).

Hopefully Intuit will push an update that will fix these problems soon!

18 of 18 people found the following review helpful:

4.0 out of 5 stars Super easy switch to mac, January 12, 2011

By 

Joann Howes (Ohio, USA) - See all my reviews
(REAL NAME)   

Amazon Verified Purchase

This review is from: TurboTax Home & Business Federal + e-File + State 2010 - [Old Version] (Software)

I've used TurboTax for about 6 years. It's generally a great time saving product. Every year it gets slightly better but it doesn't change much. When your situation is quite complicated you may need to do some additional research but this is always obvious when TuboTax fails to ask about something you've done. This has come up twice in the six years and I have always found out how to enter the information correctly with little complication. This year I switched from Windows to mac. I couldn't be happier about the easy transition. I moved my 2009 data file from the pc to the mac. I installed TurboTax on the mac. I started TurboTax and it immediately found the 2009 file. Doesn't matter where you put it on the mac. TT finds it and it's 100% compatible. All my info was ready to go for 2010!