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TurboTax 2007 Home & Business Federal + State 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. Ideal for Schedule C businesses, sole proprietors, self-employed, consultants and contractors, and single-owner LLCs.

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Product Features:

# Includes everything you need for your self-employment and personal income taxes
# Expanded interview guides you step-by-step through schedule C to help maximize business expenses, home office deductions, depreciation and more
# Creates W-2 and 1099-MISC forms for your employees and contractors
# Shows you your maximum depreciation method
# Includes over 60 categories of business deductions

System Requirements:

# Windows: Vista / XP / 2000
# Macintosh: Mac OS X (10.4)
# Media: CD-ROM
# Item Quantity: 1

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