Reviews for Intuit TurboTax Home & Business Federal + State 2007

Full Product - MPN: 028287419070

  • 4
  By member: lynnmcd - May 8, 2008

Great product with a small glitch

Strengths: Able to handle a fairly complex return with no problem...asked all the right questions.

Weakness: Have no idea why it wouldn't let me take an education credit I was qualified for! Strange!

I am very pleased with Turbo Tax. I have worked for, and used, H&R Block's Tax Cut with very mixed results. As noted, the only glitch in this program was it's inability to let me take my education credit within the program. I had already done my taxes for this year and was just inputing the finished numbers to see what the product could do so it wasn't huge and I probably would have just written in the numbers myself if it was my original return. But it was very strange, so I reserved a five star rating because these credits are very important ones especially for people with children in school.

That said, it did a fabulous job with my business and rental accounting...all the numbers were bang on!

Since I won't have the education credit for this year, I will certainly buy the product for next year as I'm very pleased over all.

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  • 5
  By member: davidtran32 - Apr 18, 2008

TurboTax, Best-Written Tax Software Only Gets Better

Strengths: - Attention to Details all deductibles possible for home & business - Well-Explaintory in their help features in audio/video/website/windows help menu

Weakness: None

I've been using TurboTax since it's early time, 10 years plus and it is only get better & better. This year tax 2007, Home & Business Version pushed beyond the Deluxe Version we used every year including all new forms & deductible options in many categories, just check the boxes & boom your refund is getting more & more. New online live filing is cool in case you dont want to install software on your computer, but security will be the issue. The Premier Version seems help small businesses write off most if not all their operating costs. I cant say more, it's a five-star software.

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  • 2
  By member: nocilantro - Mar 27, 2008

okay, but not great

Strengths: 401(k)/403(b) optimizer shows how to change contr % and exemptions to save more without taking home less; provides detailed instructions on each of the business expense areas

Weakness: difficult to navigate between sections, have to click through a lot

I'm a musician and thought I needed this version in order to itemize my business expenses and it seems to do a pretty decent job at that. However, if you have stock sales of any kind, this won't help you (says that Schedule D is not yet available). [I used the Premier version in 2006 and that also sucked - it double counted my gains and I thought I was going to owe a boatload. I hired someone to do them for me who said the only way to do stock sales correctly is with the Pro version, which is significantly more expensive.]

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  • 4
  By member: oberexperte001 - Sep 1, 2008

Turbotax Home & Business 2007 works as advertised

Strengths: Once you have all the financial data needed it is easy to fill all the boxes for the tax return. There is plenty of help, if needed, at almost every stage of the process.

Weakness: In special cases such as ATM (alternate minimum tax), foreign holdings, and maybe others TurboTax fails to explain in understandable language what the tax law exactly wants.

If the tax return is moderately simple the program will satisfy the need of most and save you the expense of a professional accountant. The US tax law being what it is (confusing by design and subject to interpretation) there are always questions with multiple answers.

Electronic filing fees have become excessive, but that is my personal opinion.

I have been using the program for well over 15 years and the yearly improvements have been significant.

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  • 3
  By member: drpage - Apr 28, 2008

Bang for the buck is so-so

Strengths: Has helpful autocalculation modules for maximizing tax returns via retirement contributions and calculating home office deductions. Software was easy to install, stable, and easy to update.

Weakness: efile cost is not included in the price. The forms in the final review are not tied back to the input fields so you cannot get feedback (or go to the determining input fields)if unsure.

I like the direction the turbotax software is heading but it has some way to go especially in the "user-friendliness" and integration areas. Also, we think that in this day and age that efile should have been included in the price, and the efile fee was very high in comparison to competing on line products. Considering these weaknesses, we'll be playing the field next season.

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  • 5
  By member: jaytorr - Apr 27, 2008

Much better than TaxCut

Strengths: Simplicity

Weakness: None that I can think of

I've used TurboTax on and off for several years. Last year I got a free copy of TaxCut, but it was a nightmare as several bugs made life much harder than it should have been.

This year's version is similar to 2005's. I like that I can go directly to the areas that concern me instead of going through the entire interview. The Home/Biz version is not much different than Delux, but it reminded me of a few Home Office deductions that I would have missed otherwise. It's worth the money if you can get a good price.

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  • 3
  By member: photogfred - Apr 24, 2008

Turbo Tax 2007

Strengths: OK

Weakness: Turbo Tax would not import info from my brokerage account! I had to manually input all of the info. Turbo tax also did not answer the phone on tax day.

Turbo Tax tech support did not answer the phone on tax day.

Turbo Tax would not import info from my brokerage account!
I had to manually input all of the info.

Turbo tax also did not answer the phone on tax day.

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  • 4
  By member: glslagle - Apr 17, 2008

TurboTax Home & Business Federal + State 2007 (Full...

Strengths: Keeps track of depreciation from previous years and knows how much to depreciate most items.

Weakness: No help for specific problems

Great if you have no major problems. Covers all personal and most business information. The questions are getting easier to understand every year. Its memory does not catch an amended return.

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  • 5
  By member: jlayne4 - Apr 10, 2008

TurboTax home & business

Strengths: The software is very easy to use and calculates your refund or tax payment dynamically as you input your numbers.

Weakness: A little pricey but much less than a professional would charge you.

I was very pleased with the interactive features and ease of use of Turbo Tax Home & Business. This software makes doing an otherwise complicated tax return a snap. There are plenty of leading questions to maximize your deductions that you might not be aware of.

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  • 4
  By member: VandyFan - Apr 7, 2008

Great stuff

Strengths: Able to get most questions answered within product Videos to walk thru areas

Weakness: Some of the less common areas didn't have full explination

Overall loved it, and especially at the marked down price i received here around $25. Very thorough. Only had issues where they called things "less common" and so they didn't provide as much detail as the more common problems, which makes sense but when you get the most feature filled version you'd hope all areas were completely detailed.

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  • 3
  By member: shuchihsu - Mar 31, 2008

TurboxTax

Strengths: easy to use

Weakness: can be smarter

It can offer more information about tax. Also it should request password before people can open the file. After buying this product, you still need to pay for e-file. So don't forget to count on that fee!

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  • 4
  By member: Boalt91 - Mar 25, 2008

Great program to help with personal and small...

Strengths: Ease of use; detailed interviews for your small business

Weakness: Retail price (but available for significantly less through Storefront)

I've used both TurboTax and Tax Cut over the years and I have found TurboTax to be the better option. Although more expensive than its competitors, it is much more user-friendly. Plus, its detailed interview for your small business is great. It helped me identify deductions that might have been overlooked in the regular version. Make sure you shop around online as there are very significant differences in price.

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  • 5
  By member: demarie2007 - Mar 25, 2008

TurboTax Home & Business Federal State 2007 (full...

Strengths: Step-by-step walk-through with succinct explanations.

Weakness: Haven't found any yet.

I formerly handled our tax returns, then things got too complicated, so we switched to a CPA. I bought TurboTax to see if I could come up with the same type of return. Haven't had the appt with CPA yet, but I anticipate final return will be very much the same as TurboTax. I will do our own returns next year if all comes out.

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  • 5
  By member: billjoseph - Mar 23, 2008

Need TurboTax Fast

Strengths: Ease of purchase and reasonable cost

Weakness: None

I procrastinated about doing my 2007 tax return and then realized I had not purchased tax software. I Goggled the product I needed and found this product quickly and saved money at the same time. I use TurboTax every year to do both my personal and business taxes and makes the process, which I dread every year, more tolerable. The program is easy to use and includes guidelines for maximizing deductions and other tax savings. In addition, the state tax portion of the program is a snap once you complete the federal portion and you can file On-Line, hastening the return of any tax refunds to which you are entitled. I used to have my taxes done by a professional tax preparer but had to prepare all the paperwork myself anyway. Using TurboTax was not more difficult and I save hundreds of dollors in tax preparation costs as well. I would recommend TurboTax to everyone.

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  • 5
  By member: pricefix - Mar 21, 2008

Doing Taxes The Easy Way!

Strengths: Simple Interview Screens, Many Tax Topic Videos, IRS Publications

Weakness: Price :(

TurboTax products are simply the best! I've used both TurboTax and Taxcut through the years, both are excellent products. However I love TurboTax's interview screens better, and their many Tax Topic Videos which explain new tax rules which many might not be aware of.

If you select the correct TurboTax product according to your tax situation you can't go wrong. It's only weakness that I can see is it's higher price vs Taxcut.

Simply put TurboTax is doing taxes the easy way! :)

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  • 5
  By member: asktoknow - Mar 9, 2008

Makes Life Easier

Strengths: user friendly; double checks errors; allows manual selection of forms, not just automatic by interview

Weakness: printing options could be more flexible; adding states is expensive

I've used TurboTax for years, and this is the second 2007 version I've purchased so I can have the CD at my office as well. The progaram evolves a bit each year, and this version makes adding home or small business info very easy. Note that for more complex businesses, you need a different program from TurboTax.

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  • 4
  By member: Anonymous - Feb 17, 2008

TurboTax Home & Business 2007 Federal + State:...

Strengths: imports from Quicken, easy to use, interface is consistent from previous versions.

Weakness: Expensive. E-Filing costs extra. Navigation is awkward sometimes. Can't open forms in a separate window while in Easy Step.

"TurboTax Home & Business 2007 Federal + State" ships with Mac and PC versions on the same CD (the State must be downloaded, but it's free). This is the retail box with SKU #404215. PriceGrabber also lists "TurboTax Home & Business 2007" with MPN #028287419070, which makes it seem like a different product without the State included, but they're the same product (the UPC label on my box has both the SKU #and MPN # listed above).

I've been using TurboTax for years, and overall it works well. The interface for the Mac version is a little cleaner than previous versions. You can resize the window while in Form View, and you can change the zoom scale of the forms in Preferences, although it would be better to put the zoom scale in the toolbar.

One thing that hasn't changed from previous versions: While working in Easy Step, you can split the window and show the form in the bottom-half of the window. It would be much better if you could open the form in its own separate window (to see more of the form without scrolling).

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