TurboTax® Home & Business Desktop 2023-2024 (2024)

TurboTax Desktop Home & Business features

• Quick Employer Forms

  Create and e-file W-2s and 1099s for your employees and contractors using Quick Employer Forms.

• Vehicle tax deduction

  Determines if actual expenses or the standard mileage rate will get you the bigger taxdeduction.

• Expenses made easy

  Searches expense categories and offer additional tax-deductionsuggestions

• Self-employed deductions

  See which expenses you can deduct such as phone, supplies, utilities, home office, andmore.

• Guidance with new rental properties

  Help setting up new rental properties, plus our median monthly rent calculator can help you find the fair market value for your rentalproperty.

• Maximize industry-specific deductions

  Spots overlooked tax deductions for your industry, so you don't miss any write-offs.

• Self-employed income

  Perfect for multiple sources of income, including independent contractors, freelance workers (1099-MISCs & NECs) and sales from goods andservices

• Find your cost basis

  In three easy steps you'll discover your accurate
  purchase

  price for stock sales.

• Extra guidance for new businesses

  Finds start-up tax deductions for newbusinesses.

• Refinancing deductions

  Guides you through deducting points, appraisal fees, and more from yourrefinance.

• Import investment info

  Import your investment info from participating financialinstitutions.

  

• Help with employee stock plans

  If you sold stock, easily determine your correct basis for shares purchased--even at different times or different prices.

• Maximize your IRA savings

  Retirement tax help and IRA tool
  show you how
  to get more
  money back this year and
  when
  you retire.

  

• Simplified rental depreciation

  Easily report your rental property depreciation and see how to get the biggest tax deduction.

  

• Set up new rentals

  Get step-by-step guidance setting up new rental properties and determining the fair market rentvalue.

• Accurate reporting

  Helps you report sales of stocks, bonds, and mutual funds, plus calculate capital gains/losses.

• Guidance for homeowners

  Your biggest investment might also be your biggest tax break—mortgage interest, property taxes, and more.

  

• Deduction finder

  Searches for more than 350 tax deductions and credits to get you the biggest tax refund—guaranteed.

• Import your W-2 and 1099 info

  Import your W-2 from over a million employers, and your 1099 tax form data from participating financialinstitutions.

  

• Tax credits for your dependents

  Claim important family tax credits, like the , Earned Income Credit (EIC), and child tax credit.

• Get a head start

  Import last year's TurboTax return or import your personal information if you prepared your taxes with TaxAct or H&R Block Desktop software.

• Education tax credits

  If you or your children attended college or trade school, get education tax credits and deductions (1098-E, 1098-T) for tuition, books, and student loaninterest.

  

• Save time adding your W-2

  Upload a picture or PDF of your W-2 to import your data securely into the right forms.

• 1 free state download

  Includes state tax preparation for one state – a value.

• Deduct your donations

  Accurately track and value items you donate to charities with ItsDeductible™ (included) plus other donations such as cash, mileage and stocks.

• See your audit risk

  Audit Risk Meter™ checks your return for audit triggers and shows your risk level of a tax audit.

  

• No tax knowledge needed

  Translates taxes into easy to answer questions about your life and puts the information in the right place for you.

• Tailored for your unique situation

  Guides you through common life changes, big or small, and finds any new tax deductions and credits you may qualify for.

• Thousands of error checks

  Double-checks your tax return for accuracy before you file, so you won't miss athing.

• Finish your state return faster

  Once you complete your federal taxes, transfer your information over to your state return (fees may apply).

• Go at your own pace—no appointmentnecessary

  Finish your tax return at one time or do a little at a time and pick up right where you leftoff.

• Up-to-date with the latest tax laws

  When tax laws change, TurboTax changes with them, so you can be confident you have the latestinformation.

• Security is built into everything we do

  TurboTax safeguards your information, so you can file your taxes confidently and without anyworries.

  

• See your tax refund in real time

  Displays your refund (or tax due) in real time, so you always know where youstand.

• 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.

• Answers as you go

  Free U.S.-based product support by phone and easy-to-understand answers online 24/7.