Ideal for Maximizing Business Deductions
Product Information
TurboTax Business 2007 for Federal Returns is easier than ever, with everything
you need to complete your business taxes. TurboTax Business works for
those that own an S Corp, partnership, multiple-owner LLC, or C Corp or manage
an estate or trust, you're not the only owner of your business, your business
makes up to $250,000 a year, and you file your personal and business taxes
separately.
Product Highlights
Easy Questions
TurboTax Business double-checks your return for accuracy and completeness and helps you fix any errors before the IRS spots them. We arm you with proof for your claims and help protect you from IRS penalties.
Final Review and Error Check
Double-checks your return for accuracy and completeness. Audit Alerts flags
deductions and tax situations that may trigger an IRS audit.
Maximum Deductions
From Websites and sponsorships to staples and coffee, TurboTax Business helps
you qualify for more than 60 categories of deductions.
Get More from Your Cars - Offset your gas costs. We'll automatically use the reporting method - actual expenses or standard mileage - that gets your business the deduction it deserves.
Discover Your Most Profitable Depreciation Method - TurboTax Business walks you through reporting depreciation of business assets. We even show which depreciation method will get you the biggest deduction.
View Industry-Specific Deductions - TurboTax Business helps you find tax write-offs by industry to help you spot commonly overlooked deductions.
Reduce Your Risk
TurboTax Business double-checks your return for accuracy and completeness and helps you fix any errors before the IRS spots them. We arm you with proof for your claims and help protect you from IRS penalties.
Final Review and Error Check
Double-checks your return for accuracy and completeness. Audit Alerts flags
deductions and tax situations that may trigger an IRS audit.
Product Features
Year-to-year data transfer from TurboTax Business
Answers and advice when you need it (via email and phone-charges apply)
E-file and receive IRS confirmation (e-file fees apply - requires a scanner)
Maximize office, vehicle, depreciation and other business deductions
Simplified income and expense entry so you don't miss a thing
Generates everything you need for your personal taxes (Schedule K-1)
Shows what start-up costs new businesses can deduct
Includes customized interview and forms for:
s Corporations (Form 1120S)
C Corporations (Form 1120)
Partnerships and multi-owner LLCs (Form 1065)
Estates and trusts (Form 1041)
Windows Requirements
For easy tax preparation, make sure your computer meets these standards.
Note: Personal income tax software available separately
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