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1. TURBOTAX 2015 HOME AND BUSINESS PDF
2. TURBOTAX 2015 HOME AND BUSINESS SOFTWARE
3. TURBOTAX 2015 HOME AND BUSINESS PROFESSIONAL
4. TURBOTAX 2015 HOME AND BUSINESS DOWNLOAD

I spent/wasted a lot of time trying to find the file both online and looking within the help sections. When I came back later to continue my file, the previously completed 1099 was no where to be found. However, this year seemed to be different in that the program did not apparently store or save the W- section with rest of my tax file as it did last year. I like this version because of the W- generating properties. I have used TurboTax products for over twenty years. Most of this program is like what I was used to and generally straight forward. Overall, reasonably satisfied with the product. Therefore, I recommend going to a NYS website, for instance, and scanning all the credits which are summarized early on in the instructions to see if you they apply to you.

TURBOTAX 2015 HOME AND BUSINESS SOFTWARE

Please be aware that the software will not alert you to every credit that may apply to you. I noticed others who had similar issues regarding attaching an election or statement to a return.

That means that the state return has to printed and mailed, rather than efiled. For example, I needed a NYS form for an Other Credit which was not supported by TurboTax the software directed me to the state tax website to fill-out the form but did not allow attaching it to the return.

TURBOTAX 2015 HOME AND BUSINESS PDF

It would be useful to have a feature of adding a PDF attachment to the return which could be done with the prior year version but not 2015 (unless they update it). While easy to use, understandably, it is not all-encompassing. Additionally, although not intended for professionals, if you do a limited number of returns, it's beneficial, for you don't have to sign of as a paid preparer.

TURBOTAX 2015 HOME AND BUSINESS DOWNLOAD

If you've never made a profit and loss statement spreadsheet before, Inc.com has template you can download here.The Home & Business software is a very good product, at a low cost, for those who have an ownership interest in a business, receive a K-1 or are independent contractors for it covers most of the tax situations that would apply. The most time-consuming part is creating a P&L spreadsheet ahead of time and making sure TurboTax accurately reflects those totals. Once all of the expenses and sales have been entered, TurboTax calculates your profit or loss, and you progress to the rest of your personal tax filings.

If you own a retail company, it also asks how much the cost of your current inventory is worth and includes that in the P&L calculation, assuming that it's future revenue.

TURBOTAX 2015 HOME AND BUSINESS PROFESSIONAL

It asks for the company's total annual sales and expenses broken down by categories: transportation, entertainment, assets, legal and professional costs, etc. TurboTax charges single-person businesses $99.5 to file federal taxes via the Home and Business edition. A married couple who jointly owns an LLC could also qualify for the single-person LLC tax process. "For federal tax purposes, the single member LLC is ignored and the owner simply reports income and expenses on Schedule C of his or her 1040," says LLC Made Easy. Single-person LLC taxes are filed differently than multi-member LLCs. Altogether (with a pre-made P&L sheet) the process took 3 hours -approximately 45 minutes to file business taxes, and 2+ hours for personal taxes, with a lot of snack breaks in between.