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File size: 114.6 MB
TurboTax Home & Business – Personal & Self-Employed. We’ll tell you which expenses you can deduct such as phone, supplies, utilities, home office and more. Don’t miss any tax write-offs—we’ll help you spot overlooked tax deductions for your industry. Let us determine if actual expenses or the standard mileage rate will get you the biggest tax deduction. We’ll walk you through expense categories and offer additional tax-deduction suggestions.
TurboTax Home & Business 2016 Feature List:
Maximize next year’s refund
My Analysis & Advice will look at your tax history, let you know your “tax health,” and provide you with expert tips to help you get an even bigger refund next year
Employee tax forms
Prepare and print unlimited W-2 and 1099 tax forms for your employees and contractors.
Extra guidance for new businesses
We’ll show you the startup tax deductions for new businesses so you can get the maximum refund you deserve.
Automatically import your investment info
We can automatically import investment info directly thousands of participating financial institutions.
Guidance and support reporting investment sales
We’ll walk you though reporting sales of stocks, bonds, and mutual funds. We’ll automatically calculate capital gains/losses and keep track of those that carry over to future tax returns.
Find your cost basis
In three easy steps you’ll discover your accurate purchase price for stock sales.
Employee Stock Plans
If you sold employee stock we’ll automatically determine your correct basis for shares purchased.
Maximize your IRA savings
Retirement tax help and IRA tool show you how to get more money back this year and when you retire.
See your best rental depreciation method
Simplify reporting your rental property depreciation. We’ll show you which depreciation method will get you the biggest tax deduction.
Save every penny we”ll guide you through deducting points, appraisal fees, and more your refinance.
Guidance and support with new rental properties
We’ll guide you on how to set up new rental properties. Plus, our median monthly rent calculator can help you find the fair market value for your rental property.
Find every tax deduction and credit you qualify for
We’ll get to know you by asking simple questions about your income, family and changes in your tax situation. Then, based on your answers, TurboTax will search for more than 350 tax deductions and credits to get you the biggest tax refund—guaranteed.
Get the maximum tax deduction for your donations
Accurately value items you donate to charity with ItsDeductible™ (included)—no more guessing. Plus, we’ll track other donations such as cash, mileage and stocks, to help you get every tax deduction you’re entitled to for your charitable donations.
Big life changes? We can help
Did you change jobs, get married, buy a home or retire? We’ll guide you through common life changes, explain how they impact your taxes, and find any new tax deductions and credits you may qualify for.
See your audit risk
Reduce your chance of a tax audit with our Audit Risk Meter™. We’ll check your tax return for common audit triggers, shows whether your risk is high or low and give you valuable tips.
See if you qualify for education tax credits
If you or your children attended college, trade school, or even took classes for work, we’ll help you find refund-boosting education tax credits and deductions (1098-E, 1098-T) for tuition, books, and student loan interest.
Extra guidance for homeowners
Your biggest purchase can also mean big deductions for things like: mortgage interest, property taxes, refinancing fees, points, and improvements to your home’s energy efficiency.
Automatic import of your W-2 and 1099 info
We can automatically import your W-2 and 1099 tax form data over a million participating employers and financial institutions.
Get a head start
We’ll automatically import your information last year’s TurboTax return to help save time and increase accuracy. We’ll even import personal information about you and your family if you prepared your taxes with TaxAct or H&R Block CD/ software.
No tax knowledge needed
We’ll ask you easy questions about your year and fill in all the right tax forms for you.
Live expert answers by phone*
Live Expert Help. Our credentialed tax experts have answers for every situation and will always be there to guide you start to finish. ($19.99 value)
Thousands of error checks
You won’t miss a thing, we’ll double-check your tax return for accuracy before you file.
Get tax deductions for your dependents
We’ll show you who qualifies as your dependent, and find tax-saving deductions and credits like the Child & Dependent Care Credit, Earned Income Credit (EIC), and child tax credit.
Finish your state return faster
Once you complete your federal taxes, we can transfer your information over to your state return to help you finish quickly and easily. (Fees may apply*)
Go at your own pace—no appointment necessary
Finish your tax return in one visit or do a little at a time. We automatically save your progress as you go, so you can always pick up where you left off.
Always up-to-date with the latest tax laws
When tax laws change, TurboTax changes with them, so you can be sure your tax return includes the latest IRS and state tax forms.
Your information is secure
We’re dedicated to safeguarding your personal information. We test our site daily for security, use the most advanced technology available, and employ a dedicated Privacy Team.
See your tax refund in real time
We display and update your federal and state tax refunds (or taxes due) as you do your income taxes, so you always know where you stand.
Free federal e-file for your fastest possible tax refund*
E-file your federal and state tax return with direct deposit to get your fastest tax refund possible. Free federal e-file is included.
Your tax refund, your way
Choose to receive your tax refund by check or direct deposit to your bank account.
No money out of pocket
Skip the trip to your wallet. We can conveniently deduct any TurboTax preparation fees your federal tax refund and have the remaining balance deposited directly into your bank account. Additional fees may apply.
Perfect for independent contractors (1099)
If you’re an independent contractor or do freelance work you may get to deduct expenses like travel and entertainment to lighten that tax bill. That’s where we come in, searching over 350 deductions and credits so you don’t miss a thing.
– Windows 10, Windows 8.0/8.1, Windows 7 (Service Pack 1 or later), or Windows Vista (Service Pack 2 or later)
– Intel Pentium 4 or later/AMD Athlon or later
– 650 MB plus up to 4.5 GB for Microsoft.NET 4.5.2 c already installed.
– RAM: 1 GB minimum
Whats new in This Release:
Updates: official site does not provide any info about changes in this version