TurboTax Basic Federal 2009
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.
- Guides you step by step through your tax return, then puts your answers on the right tax forms for you, including 1040EZ, 1040A, and 1040, and skips interview questions that don't apply to you.
- Imports your data from Quicken.
- Automatically Fills in W-2 and 1099 data directly from over 100,000 participating employers and financial institutions.
- Finds all the tax credits for which you're eligible.
- Constantly displays and updates your federal refund (or taxes due) as you complete your return.
- Free eFile lets you get your refund in as few as 8 days with direct deposit. If you're a returning customer, it will automatically transfer your eFile information from your previous year's return.
TurboTax Deluxe Federal 2009
This includes all the features TurboTax Basic Federal 2009 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.
TurboTax Premier Federal 2009
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:
- Automatically importing your investment data directly from your financial institution.
- 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.
- Shows you how to increase your 401(k) contribution without decreasing your take-home pay.
- Helps find every rental deduction for landlords, from travel to advertising to repairs to insurance, to maximize your tax savings.
- Simplifies reporting rental property depreciation and shows which depreciation method will get you the biggest tax deduction.
- Guides you through deducting points, appraisal fees, recording costs, 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.
TurboTax Federal Home and Business 2009
This includes all the features Basic, Deluxe, and Premier versions plus the following:
- Customizes questions based on your business profile (sole-proprietor, consultant, 1099 contractor, and single-member LLC) and gives you step-by-step guidance for entering income and expenses.
- Shows you which expenses you can deduct for your vehicle, supplies, utilities, home office expenses, and more, to help you get every business deduction you deserve for the biggest possible refund.
- Walks you through tax write-offs common to your type of business so you don’t miss any opportunities to save on your taxes.
- Shows you whether you’ll get a bigger deduction using actual expenses or the standard mileage rate, so you get the biggest tax savings. Provides extra help for splitting vehicle expenses between business and personal use.
- Helps you prepare unlimited forms (W-2 and 1099s) for employees and contractors. Does all calculations and prints on plain paper.
- Will help with calculating and reporting depreciation of your assets and automatically determines the most advantageous depreciation method.
- Walks you through all expense categories and provides additional tax deduction suggestions along the way to help you increase your refund.
- Offers extra guidance for new businesses and shows the startup deductions new businesses can take.
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.
