TurboTax Home and Business
2023 - 2024
TurboTax Home & Business Online
Has Everything you need to easily do your personal and business taxes.
Intuit Turbo Tax Home & Business tax software is designed for sole proprietors.
One of the things I like best about TurboTax is its time-saving ability to import financial
data from Quicken, QuickBooks, Microsoft Money or any program that can export TXF files.
I also like the clean, uncluttered, easy to use interface.
Intuit TurboTax Home & Business tax software is easy to use and takes
much of the stress out of the tax preparation process.
The Deduction Center can help you find every deduction possible by guiding you through all the deduction possibilities, or you can hunt for deductions on your own through their search menu. I decided to go on my own and intentionally left out a couple of possibilities, then tested the automatic method.
The system found the deductions showing me that letting the software do the work is best. You can always click on the "Do I Qualify" links for extra guidance if you're not sure you qualify for any deduction.
In fact, most entries include a link to explanations and additional information, so you will really never end up feeling lost or overwhelmed.
The built-in help is well-organized and well-written; if you ever get stuck on a personal or business tax issue, you can get live answers online from TurboTax experts and other TurboTax users in our Live Community.
One of the main features I like is the Extra Guidance for New Businesses that shows the startup deductions new businesses can take. TurboTax Home and Business Also includes everything in TurboTax Premier
TurboTax Home + Business Features Include:
- Guidance for Self-Employment Income and Deductions profile (sole proprietor, consultant, 1099 contractor, and single-owner LLC
- Identifies Industry-Specific Deductions
- Creates W-2 and 1099 Forms
- Simplifies Asset Depreciation
- Streamlines Expense Entry
- Helps You Accurately Report Investment Sales.
- Determines Your Cost Basis.
- 401(k) Maximizer — Shows you how to increase your 401(k) contribution without decreasing your take-home pay.
- Searches for 350+ deductions to get you the biggest tax refund—guaranteed.
- Handles Your Life Changes — Changed jobs? Got married? Bought a home? Had a baby? TurboTax guides you through common life changes.
- Tracks Your Audit Risk — Audit Risk Meter™ checks your tax return for common audit triggers. provides tips to reduce audit risk.
Transfers Last Year’s Tax Info — No retyping necessary.
Import tax data from TaxACT and H&R Block’s HR Block.
Imports Financial Data from Quicken®, QuickBooks®, Microsoft® Money.
Turbo Tax Home & Business Guaranteed Accurate Calculations — If you should get hit with an IRS or state penalty or interest due to a TurboTax calculation error, they will pay you the penalty and interest.
Federal Efile Included — Get your refund much faster with efile and direct deposit. One federal efile is now included with TurboTax at no extra charge.
