TurboTax Deluxe Federal + State 2007 [OLD VERSION]

by Intuit

Product Features

• Walks you through over 350 deductions including mortgage interest, charitable contributions, education, medical expenses and more
• Guides you through how changes in your life, like a new job, buying or selling a house, getting married or having a child, will impact your taxes
• Downloadable Audit Support Center provides guidance on everything you need if you are contacted by the IRS
• ItsDeductible helps you value your charitable donations
• Includes a download of one TurboTax State product - a $34.95 value

Product Details

• Shipping Weight: 4 ounces
• Shipping: Currently, item can be shipped only within the U.S. and to APO/FPO addresses. For APO/FPO shipments, please check with the manufacturer regarding warranty and support issues.
• ASIN: B000W3RSGE
• Date first available at Amazon.com: May 8, 2008
• Average Customer Review: 3.8 out of 5 stars  See all reviews (296 customer reviews)
• Amazon Best Sellers Rank: #629 in Software (See Top 100 in Software)
  • #52 in Software > Tax Preparation
• Discontinued by manufacturer: Yes

Product Description

Amazon.com

TurboTax Deluxe Federal + State 2007 guides you through your federal and state tax returns, with simple-to-understand questions to help you finish and file your federal and state taxes. Find over 350 deductions, get credit for your donations, and account for any life changes in order to get the largest tax refunds possible, guaranteed.

Get Your Maximum Refund – Guaranteed
If you get a bigger refund using another tax prep method, we’ll give your money back. No questions asked.

Uncovers More Than 350 Deductions
Sit back and watch. TurboTax Deluxe searches your return for over 350 deductions, including those for mortgage interest, donations, and education.

INCLUDED. ItsDeductible Accurately Values Donations
ItsDeductible finds accurate values for your charitable donations. It factors in item conditions, so you get the deduction you deserve no matter what you donate.

NEW. Easily Qualify for Medical Expense Deductions
Should you report your medical expenses? We’ll do the calculations, and tell you if you qualify for the deduction. No time wasted.

Watch Your Deductions Add Up
TurboTax Deluxe displays your tax savings total as it rises. It instantly shows how your deductions affect your refund.

View Deductions from A to Z
Looking for something specific? With just one click, TurboTax Deluxe tells you how to qualify for every deduction from A to Z.

Choose Easy

NEW. Reduce Your Risk of an Audit
Take comfort. TurboTax Deluxe shows you how unlikely your return is to catch the IRS’ attention. We arm you with proof for your claims and help protect you from any IRS penalties.

Automatically Import Your W-2s
Don’t understand your W-2? Make it easy. Import your income directly from participating employers.

Answer Easy Questions
No tax lingo here. TurboTax Deluxe walks you through your return, asking easy questions in clear language. We put your answers on the right forms for you.

Transfer Info from Last Year’s Return
Watch as TurboTax Deluxe automatically transfers info from last year’s return to this year’s. Confirm your past entries to save valuable time.

INCLUDED. Prepare Your State Return
Relax while your federal info transfers into TurboTax State. You’ll be half finished before you even start your state return.

Includes Everything in TurboTax Basic

eFile* or Print Your Return
Get almost instant gratification. When you electronically file your return – or eFile, you'll receive an IRS confirmation your return has been officially filed. What's more, you'll receive your direct deposit refund in as few as 9 days. Or, choose to print and mail your return. *Additional fees apply to eFile.

Explore Over 100 Deductions for Life Changes

If you had an eventful year, congratulations. TurboTax Deluxe will handle your new situation upfront so you can finish your return with confidence. Here’s how:

Had a Change at Work
New job? Raise? Promotion? Whether your income has gone up or – dare we say – down, TurboTax Deluxe puts you in the right tax bracket automatically.

Bought a Car
Registration fees are deductible. So are hybrids. TurboTax Deluxe walks you through every deduction that applies to your new-car situation.

Bought a Home
Your new home could open up a wealth of itemized deductions. We automatically use the deduction method – standard or itemized – that gets you the biggest refund.

Sold a Home
How’s this for easy? There’s a good chance you won’t even have to pay taxes on your profit. TurboTax Deluxe helps you qualify for the Home-sale Exclusion and keeps more money in your pockets.

Got Married
As joint filers, you could be entitled to a marriage bonus. Or you could be sentenced to a penalty. We’ll help you determine the filing status – joint or separate – that’s best for you.

Had a Baby
We’ll help you qualify for every tax break that applies to your growing family. Welcome to the dependent exemption and childcare deduction (to name a couple).

Join the Millions Who Trust TurboTax

Relax. TurboTax is dedicated to protecting your personal and financial information. From the most advanced technology to our relentless Privacy Team, we have you covered.

Your Information Travels Safely
We protect your info like the Department of Defense protects theirs. Before you eFile, TurboTax encodes your information with the most advanced encryption technology. Only our computers can decode it, so you don’t have to worry about unapproved viewers.

Your Computer Stores Your Information
After you eFile, rest assured only you can access your return. TurboTax CD and Download products store your information right on your computer. You control it.

Our Commitment to You
Our Privacy Team’s only job is to guard you and your information.

Tax Forms
It’s not as bad as it looks. Here are just some of the forms that TurboTax Basic fills out for you:

• Form 1040 Individual Income Tax Return
• Form 1040A Individual Income Short Form
• Form 1040EZ Individual Income Tax Return EZ
• Form 1040-V Payment Vouchers
• Form 1040X Amended Individual Tax Return
• Form 1099-DIV Dividend Income Worksheet
• Form 1099-G Certain Government Payments
• Form 1099-INT Interest Income Worksheet
• Form 1099-MISC Miscellaneous Income Worksheet
• Form 1099-MSA Medical Savings Account Distribution
• Form 1099-OID Original Issue Discount
• Form 1099-Q Qualified Education Program Payments
• Form 1099-R Distributions from Retirement Plans Worksheet
• Form 1116 Foreign Tax Credit
• Form 1310 Stmt of Person Claiming Refund
• Form 2106 Employee Business Expenses
• Form 2120 Multiple Support Declaration
• Form 2210 Underpayment of Estimated Tax
• Form 2210AI Annualized Income
• Form 2441 Child and Dependent Care Expenses

Plus tons more to get all of your taxes taken care of.

Product Description

TurboTax Deluxe 2007 for Federal Returns can help maximize your deductions with mortgage interest, donations, education expenses, and medical expenses - over 350 in all! It guides you step-by-step and asks you questions in plain English then puts your answers on IRS- and state-approved forms. TurboTax Deluxe helps you handle changes in your life with the many events that can affect your taxes.

Customer Reviews

Most Helpful Customer Reviews

225 of 245 people found the following review helpful:

4.0 out of 5 stars The version of Deluxe with both Federal and State, November 19, 2007

By 

SomeoneInSeattle - See all my reviews
(VINE VOICE)   

This review is from: TurboTax Deluxe Federal + State 2007 [OLD VERSION] (CD-ROM)

TurboTax Deluxe 2007 is very similar to the 2006 version, although of course updated for this year's tax tables. The primary difference is that in years past, TurboTax Deluxe always included both federal and state returns, but this year there are two versions of Deluxe: one that only has federal capability and this one, which has both federal and state. If you don't need to file a state return, buy "TurboTax Deluxe Federal 2007" not this one, and save a few dollars.

64 of 66 people found the following review helpful:

2.0 out of 5 stars E-FILE COSTS AN ADDITIONAL $35.90!, February 4, 2008

By 

Nelly "Vision Teacher" (Chicago, IL) - See all my reviews

This review is from: TurboTax Deluxe Federal + State 2007 [OLD VERSION] (CD-ROM)

While I found the software easy to use, I was quite irritated to find (at the very end) that to e-file, I would need to pay $17.95...and an ADDITIONAL $17.95 to e-file my state return!

Why on earth did I pay $40 for this software?? I downloaded a free version from the company's website last year. The purchased version doesn't include much extra.

Now I have to print out my return and mail it in, because I'm not willing to spend a total of nearly $80 to do my taxes MYSELF! I notice now that this fee is buried in the description above, but it certainly is something you'd have to know to look for. It should be in giant letters right below the price!

Irritating.

40 of 42 people found the following review helpful:

1.0 out of 5 stars Turbotax - bugs and poor customer service, January 25, 2008

By 

S. Jennings "sbjenni" (Palo Alto, CA) - See all my reviews
(REAL NAME)   

This review is from: TurboTax Deluxe Federal + State 2007 [OLD VERSION] (CD-ROM)

As of 1/24/08, there is a bug in the 2007 Turbotax software that was going to add over $3,000 to my federal tax bill. I called the Turbotax "Help" line and spent over two hours on the phone with first and second tier tech support folks helping them reproduce the error. Even when they could see the error, they insisted I was doing something wrong. I spent long periods on hold waiting while they huddled. During these "hold" periods, the rep would come back on the line periodically asking if I was still there, and then put me on hold again (I think she hoped I would give up). Eventually a second-tier tech support guy acknowledged that there was a previously unknown bug in the software. He said he would escalate the matter to the Turbotax programmers. I asked when the problem would be fixed. Unknown. I asked to be notified either by e-mail or phone when the patch would be available. They don't do that. I asked to speak to a supervisor. I was put back on interminable "hold" and finally gave up.
It seems to me that customers who take the time and trouble to report a product defect, and then actually assist tech support in reproducing the problem, should at least expect a "thank you" for helping the company improve it's product. Instead, the Turbotax people throw up a wall of almost unrelenting skepticism that wastes everyone's time, and then refuse to extend the common courtesy of giving the customer a timeline or notification for resolving the issue. I've used Turbotax for many years, but this experience, along with a known tendency for Turbotax to include "penalties" that the IRS would never impose, would make me reluctant to use it again.
For Turbotax users: This bug occurs if you did a "rollover" from a 401K to a Traditional IRA and then "converted" and "recharacterized" between your Traditional IRA and a Roth IRA. Under these circumstances, Turbotax will add the "rollover" amount to your MAGI which may then exceed the income limit for Roth conversion. Hopefully the bug will be fixed by the time you read this.