Tax Software Question: Personal vs. Business - Which Version Should You Buy?

[mindyanne44]

I have probably a stupid tax software question.

I'm planning on doing them myself with TaxACT or TubroTax. Should I buy the personal and business software or just the deluxe personal addition? I don't want to miss out on filing any forms that should have been filed but I also don't want to spend $50 extra on unnecessary software.

Thanks everyone!

 

[ChefBeckyD]

I use the TurboTax Home & Business edition. I've used it every year for several years, and it is wonderful! It walks you through step by step, and helps you not miss any deductions! this year, my business showed a great profit, and we still got back a hefty return!

 

[NooraK]

I use TurboTax online. I start with the basic and upgrade when it tells me I should. I think I also end up with the Home & Business Edition.

The online version really saved my bacon this year because my computer crashed and I lost all my files, but Turbo Tax has almost 10 years worth of my returns saved on their website because I've been doing it that way forever.

 

[ChefBeckyD]

I use TurboTax online. I start with the basic and upgrade when it tells me I should. I think I also end up with the Home & Business Edition.

The online version really saved my bacon this year because my computer crashed and I lost all my files, but Turbo Tax has almost 10 years worth of my returns saved on their website because I've been doing it that way forever.

Plus it carries over last years info to this year - saving a bunch of time! Love that!

 

[NooraK]

Plus it carries over last years info to this year - saving a bunch of time! Love that!

Yes, that too! I also have the option of logging into the system my 9-5 job uses for our paystubs and download my W-2, so I don't even have to type that in!

 

[mindyanne44]

Thanks ladies! I think I was making it harder than it needed to be! I've done all of it now except submit.

 

[cookingwithdot]

You can also use H&R Block online and get a discount through PC. I'm doing that this year. I usually use Turbo Tax, but I'm giving H&R Block a chance this year.