BELOW ARE FREQUENTLY ASKED QUESTIONS, YOU MAY FIND THE ANSWER FOR YOURSELF.
Annualturbotax Home Business 2018 Federal State Fed Efile Tax Software For PC and Mac Instant Download
Get your taxes done right!
Annualturbotax is tailored to your unique situation—it will search for the deductions and credits you deserve, so you’re confident you’ll get your maximum refund.
Annualturbotax coaches you every step of the way and double checks your return as you go to handle even the toughest tax situations, so you can be confident you’re getting every dollar you deserve
Every year it gets even easier. As a returning customer, Annualturbotax will automatically transfer last year’s data to help ensure accuracy and save you time
Up-to-date with the latest tax healthcare-related laws—so you can be confident your taxes will be done right
Help along the way—get answers to your product questions, so you won’t get stuck
Your information is safeguarded – Annualturbotax uses encryption technology, so your tax data is protected while it’s e-filed to IRS and state agencies
Home and Business gets you the biggest tax refund possible
Annualturbotax Home and Business is recommended if any of the following apply to you:
You receive income from a side job or are self-employed
You are an independent contractor, freelancer, consultant, or a sole proprietor
You prepare W-2 and 1099-MISC forms for employees or contractors
You file your personal and self-employed taxes together
If you own an S Corp, partnership, C Corp, or multiple-owner LLC, choose Annualturbotax Business
Annualturbotax Premier 2018: Keep more of your investment and rental income!
Helps You Get the Most from Your Investments.
Save time and improve accuracy by importing W-2s from 1 million+ companies*
Coverage for rental property income, expenses, depreciation and refinancing
Helps you accurately report investment sales– automatically calculates gains and losses from stocks, bonds, ESPPs and other investment income
Understand your tax history and maximize next year’s refund with My Analysis & Advice
Guides you through home refinancing, deducting points, appraisal fees, recording costs, and more
Annualturbotax Premier + Federal + E-file + State includes all of the great features of Annualturbotax Deluxe plus, specialized guidance for handling your stocks, bonds, mutual funds and employee stock plans
No Tax Knowledge Needed
Annualturbotax Deluxe 2018*
Everything in Basic plus extra help to maximize 350+ deductions and credits
Easy questions you can answer – confidence it’s done right
Get the biggest deduction you deserve – ItsDeductible helps you accurately value and import your donated items
Helps ensure accuracy with automatic import features – Import financial data, W-2s, investment and mortgage information, as well as last year’s tax data
Try Annualturbotax Premier for handling your stocks, bonds, mutual funds and employee stock plans
Annualturbotax Deluxe for your biggest tax refund possible.
Annualturbotax Deluxe is recommended if any of the following apply to you:
You own your home
You donated to charity
You have significant education or medical expenses
You have childcare expenses
You have lots of deductions
This product includes State tax preparation (State e-file sold separately)
Try temporarily disabling your antivirus. It should allow you to run the software without any problem. If this still doesn’t work, send us an email and we will send you a different link.
Just email us your Order Id or email id registered with us or sent us the receipt you received after successful payment on our Support@annualturbotax.com
5 Free Federal E-Files are included with your download. TurboTax allows you to prepare and print one state return at no charge. There is an additional fee if you wish to e-file your state return.
The link to the software is sent to you via email. Check your inbox. It should be there.
Just to clarify terminology so as not to confuse others. A business can be a sole proprietorship or single member LLC. It can’t have more than one “sole” member. What you have is a multi-member LLC. For that the business needs to file it’s own 1065 partnership return. To do that requires Annualturbotax Business (different from Home & Business). The business will issue each owner a K-1 which they will need for the personal tax returns – even if there’s only two owners of the business and those two owners are filing a joint return because they are married.
Annualturbotax Business is not available as an online product or for MACs. It’s for the Windows platform only. Get it at https://turbotax.intuit.com/small-business-taxes/
Here’s the documented facts from the IRS website at http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Election-for-Husband-and-Wife-Unincor…
An unincorporated business jointly owned by a married couple is generally classified as a partnership for Federal tax purposes. For tax years beginning after December 31, 2006, the Small Business and Work Opportunity Tax Act of 2007 (Public Law 110-28) provides that a “qualified joint venture,” whose only members are a husband and a wife filing a joint return, can elect not to be treated as a partnership for Federal tax purposes.
Now, the Annualturbotax Home and Business program can deal with this. When entering the business, you are given ownership choices of “him”, “her” and “Both of Us”. Upon selecting the Both of Us option and continuing, you are presented with a screen which tells you what is required.
Basically, each owner will file their own individual SCH C as a part of the joint tax return. All business income and expenses are split between the two married owners and each reports their share of each on their own individual SCH C “as if” they each are sole owner of their share of the business. The split does not have to be 50/50 either. Additionally, if you are in a community property state and chose this method, then the split “MUST” be 50/50.