Is Turbo Tax Home and Business worth the extra money for me?
August 10, 2009 by workathomebizreviews
Filed under Home Business FAQ
EricO asked:
I have my own business (sole proprietor). It generates less than $10k per year and has no employees. I utilize deductions for home office, vehicle expenses and general office product expenses but that is about it. Is it worth buying the Turbo Tax Home Business or can I get away with buying the Deluxe version?
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I have my own business (sole proprietor). It generates less than $10k per year and has no employees. I utilize deductions for home office, vehicle expenses and general office product expenses but that is about it. Is it worth buying the Turbo Tax Home Business or can I get away with buying the Deluxe version?
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If you are doing it online you set up everything and they will tell you if you should upgrade. I did and ended up getting 2000 more for my buiness deductions in my home…. So I would def. Recmend the home buisness. It worked out great for me.
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The important thing is that you get the right answer, and one that you can depend on. The Home Business program provides more hand-holding for those needing business guidance. A business with 10k of revenue often has as many issues as one with 200k in revenue.
So the answer is… it depends on your needs.