Intuit TurboTax Home & Business Federal + State 2007

Full Product - MPN: 028287419070 See Product Details

Product Details of Intuit TurboTax Home & Business Federal + State 2007

Description

TurboTax Federal + State Home & Business 2007 is for both personal and small business returns. It guides you step-by-step and checks for errors asking you question in plain English then puts your answers on IRS and state approved forms, double checks your return for errors, and then alerts you to audit risks to help you reduce your chance of an audit.It covers deductions, investments and rental income walking you through over 350 possible deductions based on your income, family and filing status. It also guides you through sales of stocks, bonds, mutual funds and employee stock plans. Accurately report rental property income and maximize rental property deductions.Maximize business deductions with help on simple income and expense entries. Maximize business deductions including home office, vehicle expenses, supplies and more. It provides industry-specific guidance to help you spot overlooked deductions.

Quick Glance

Operating System: Mac OS X v10.4 (Tiger), Mac OS X v10.5 (Leopard), Microsoft Windows 2000 Professional, Microsoft Windows Vista, Microsoft Windows Vista Business, Microsoft Windows Vista Home Basic, Microsoft Windows Vista Home Premium, Microsoft Windows Vista Ultimate, Microsoft Windows XP, Microsoft Windows XP Media Center Edition, Microsoft Windows XP Professional

Software Type: Tax Preparation

License Type: Full Product

Media Format: CD-ROM

Summary

Product Title: Intuit TurboTax Home & Business Federal + State 2007

Manufacturer: Intuit

Power Score: 4.2 | 17 Reviews

Software

Software Type: Tax Preparation

License Type: Full Product

Version / Edition: 2007 Home & Business: Federal + State

Media Format: CD-ROM

Min License Size: 1 user(s)

Max License Size: 1 user(s)

System Requirements

Required Operating System: Mac OS X v10.4 (Tiger), Mac OS X v10.5 (Leopard), Microsoft Windows 2000 Professional, Microsoft Windows Vista, Microsoft Windows Vista Business, Microsoft Windows Vista Home Basic, Microsoft Windows Vista Home Premium, Microsoft Windows Vista Ultimate, Microsoft Windows XP, Microsoft Windows XP Media Center Edition, Microsoft Windows XP Professional

Required Processor Speed: 450 MHz

Required Memory: 256 MB

Required Disk Space: 255 MB

General

Media Format: CD-ROM

URL: Manufacturer Link

See All Product Specs

Reviews on Intuit TurboTax Home & Business Federal + State 2007

  • 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...

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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...

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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...

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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...

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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.

  • 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...

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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.

  • 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.

  • 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.

  • 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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