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Turbotax Home & Business 2014



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Get help finding small-business tax deductions

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

Get the biggest vehicle tax deduction

We’ll tell you if actual expenses or the standard mileage rate will get you the biggest tax deduction. We can also give you extra help for splitting vehicle expenses between business and personal use.

Get help creating W-2 and 1099 tax forms

Prepare unlimited forms for employees and contractors and print them all on plain paper. No special forms needed. (Note: Mac users must have Internet access to create W-2 and 1099 tax forms.)

Streamline expenses entry

We’ll walk you through all expense categories and offer additional tax-deduction suggestions along the ways so you can maximize your savings.

Spot industry-specific tax deductions

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

Enter income easier

Well show you all business income types on a single page so you know youve covered all sources of business income reported on Schedule K-1, Schedule Q and Schedule C

Simplify asset depreciation

We’ll help you determine which depreciation method will get you the biggest tax deduction. Then, we’ll guide you through calculating and reporting your depreciation.

Extra guidance for new businesses

Well show you the startup tax deductions new businesses can take.

Bonus: Get an extra 5% on top of your refund*

Use some (or all) of your federal refund to purchase an https://www.tradebit.com Gift Card and we’ll tack on an extra 5%— --so, $500 would become $525! See offer details

Plus, these additional features

•Guidance and support with employee stock plans

Sold employee stock? We’ll automatically determine your correct basis for shares purchased—even at different times or different prices.

•Personalized to your unique situation

We ask questions to get to know you. Then, based on what you tell us, well search for every tax break that applies to you.

•Find your cost basis in three easy steps

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

•No need to know taxes

Just gather your W-2s and any other tax documents. Well ask you easy questions and fill in all the right tax forms for you.

•See your best rental depreciation method

Simplify reporting your rental property depreciation. Well show you which depreciation method will get you the biggest tax deduction.

•Thousands of error checks before you file

Before you file, we complete thousands of error checks to ensure your tax return is accurate and you avoid triggering an audit.

•Maximize your IRA savings

We’ll show you exactly how much you can save on this year’s taxes by opening or contributing to an IRA.

•Live expert answers by phone*

Get personalized, expert answers to your toughest tax questions. Our credentialed TurboTax experts, all CPAs and EAs, are here to talk to you one on one, by phone, if you need it.

•Guidance and support with new rental properties

We’ll guide you step by step in how to set up new rental properties. Plus, our median monthly rent calculator can help you find the fair market value for your rental property.

•Big life changes? We can help

Change jobs? Get married? Buy a home? Have a baby? We’ll guide you through common life changes, explain how they impact your taxes, and find any new tax deductions and credits you may qualify for.

•Maximize refinancing tax deductions

We’ll guide you through deducting points, appraisal fees, recording costs, and more so you don’t miss a single chance to save.

•Find every tax deduction and credit you qualify for

Well get to know you by asking simple questions about your income, family and changes in your tax situation. Then, based on your answers, TurboTax will search for more than 350 tax deductions and credits to get you the biggest tax refund—guaranteed.

•Transfer your federal tax info to state & finish up fast

Once you complete your federal taxes, we can transfer your information over to your state return to help you finish quickly and easily. Additional fees apply.

•Track your audit risk

Our Audit Risk Meter™ checks your tax return for common audit triggers and shows whether your risk is high or low. Plus, get tips that will help to reduce your chance of a tax audit.

•Get tax deductions for your dependents

Well show you who qualifies as your dependent, and find tax-saving deductions and credits like the Child & Dependent Care Credit, Earned Income Credit (EIC), and child tax credit.

•Extra guidance for homeowners

Your biggest purchase can also mean big deductions for things,like: mortgage interest, property taxes, refinancing fees, points, and improvements to your home’s energy efficiency.

•Always up-to-date with the latest tax laws

When tax laws change, TurboTax Online changes with them, so you can be sure your tax return includes the latest IRS and state tax forms.

•See if you qualify for education tax credits (1098-E, 1098-T)

If you or your children attended college, trade school, or even took classes for work, we’ll help you find refund-boosting education tax credits and deductions for tuition, books, and student loan interest.

•TurboTax at your own pace—no appointment necessary

Complete your tax return at your own pace. We automatically save your progress as you go so you can always pick up where you left off.

•Automatic import of your W-2 and 1099 info

We can automatically import your W-2 and 1099 tax form data from over 400,000 participating employers and financial institutions.

•See your tax refund in real time

TurboTax displays and updates your federal and state tax refunds (or taxes due) as you do your income taxes, so you always know where you stand.

•Your information is secure

Were dedicated to safeguarding your personal information. We test our site daily for security, use the most advanced technology available, and employ a dedicated Privacy Team.

•Transfer info from a previous year’s TurboTax return

We’ll automatically import your information from last year’s TurboTax return to help save time and increase accuracy.

•Your tax refund, your way

Choose to receive your tax refund by check, direct deposit to your bank account, or to a pre-paid NetSpend® Premier Visa® Card.

•Free efile: Get your fastest possible tax refund*

Efile your federal and state tax return with direct deposit to get your fastest tax refund possible. Free federal and state Efile is included with TurboTax Online.

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