Intuit TurboTax 2007

TurboTax Basic software guides you through your return step-by-step, double-checking your return for accuracy and completeness, and it can automatically transfer last year's data to save time.

• Make changes more easily. Navigate to any point in your return with a single click, then instantly return to where you left off.
• Imports your data from Quicken, Quickbooks and Microsoft Money.
• Electronically retrieves W-2 wage, 1098 mortgage interest, and 1099 investment data for hundreds of participating employers, mortgage companies, and financial institutions, and TurboTax will automatically enter the data on the right forms.
• Use e-file and get your money as few as 9 days (fee applies).
• One-click Updates gives access to late-breaking federal and state forms, and you can work on your return while you updating your TurboTax software.
• The refund monitor constantly displays and updates your refund or tax due as you complete your return.
• Compares your deductions to national averages, so you can quickly see if your deductions fall outside the norm, which might trigger an audit.
• Access to the official IRS publications.
• Works on both Windows and Macintosh operating systems.

This includes all the features TurboTax Basic Federal 2007 plus their Deduction Maximizer features:

• Shows you how to qualify for up to 350 deductions, from mortgage interest to child-care expenses and more, looks for deduction opportunities, and tracks how much you've saved in deductions and credits.
• Includes ItsDeductible software to help you accurately value items donated to charity.
• Tracks how much you've saved in deductions and shows the impact on your refund/bottom line.
• Life Events Planner will guide you through common life events such as new home purchases, new dependents and more, and will show how future life changes will affect next year's taxes and how to optimize your future tax situation.

The Federal + State version includes all the software to file the state return in addition to the federal return.

This item currently ships for free at amazon.com.

This includes all the features Basic and Deluxe versions plus their Investment features to guide you step-by-step through investments and rental property income:

• Walks you through calculating your basis for each trade, including single and multiple purchase lots, first in first out (FIFO) reporting, average cost reporting and more.
• Summarizes and categorizes your stock, bond and mutual fund sales, showing your capital gains and losses.
• Includes guidance for reporting sales of Non-qualified Stock Options (NQSOs), Incentive Stock Options (ISOs), and Employee Stock Purchase Plans (ESPPs).
• Keeps track of carryover gains or losses from your prior year investments and applies them to this year's return.
• Provides tips for refinancing a rental property that will help maximize your refinancing deductions, including points, appraisal fees, recording fees, loan costs and more.
• Guides you through calculating and reporting depreciation of rental property and related assets and automatically determines the most advantageous depreciation method.
• Find out which rental property expenses qualify as deductions, including travel, advertising, insurance, furnishings, repairs, depreciation, meals, and more.

The Federal + State version includes all the software to file the state return in addition to the federal return.

This item currently ships for free at amazon.com.

This includes all the features Basic, Deluxe, and Premier versions plus the following:

• Extra guidance to simplify the preparation of your Schedule C and help you maximize your tax savings.
• Simplified expense entry with additional deduction examples let you see even more ways to maximize your deductions.
• Guide for new businesses that helps you set it up for accurate tax reporting.
• Includes the ability for reporting from multiple businesses.
• Will help with calculating and reporting depreciation of your assets and automatically determines the most advantageous depreciation method.
• Prepares W-2 and 1099-MISC forms for employees and contractors, performs calculations and prints on plain paper (Windows only).
• Includes official IRS business publications and expert video tax advice.
• Flags business deductions and tax situations that may trigger an IRS audit.

The Federal + State version includes all the software to file the state return in addition to the federal return.

This item currently ships for free at amazon.com.