I have multiple annuities and unemployment income. My self-employed wife files a Schedule C etc. Does this product handle these?
580308
Schedule C, without a doudt. Unemploryment, any income. Annuities, I'm not 100% sure here, but would say 90% sure it will. It does 1099-d, any long or short stocks, so I see no reason annuities would be left out. FYI. All my Scottrade stuff downloaded into 2011.
2159781
To be honest, the software was used for 1099, 1099 MISC ...sorry I cant help more
59525
Home and Business will work if you are a sole proprietor, consultant, 1099 contractor, or single-owner LLC. You will need to upgrade to Business version if you own an S Corp, partnership, C Corp, or multiple-owner LLC.
729280
I opened my H&R block and went into the search bar. If I type 1041, the form shows up (schedule k-1 estates and trust). If I type form 706 I get nothing back. I figuer that means they don't support that form. Hope this helps.
1535715
Did a search on Google and looks like there are some who do...but I have never done it before. https://www.google.com/#q=turbo+tax+business+oil+and+gas+royalties
424857
Yes, the same thing happened to me. I called the H&R Block Help Center to report the problem. It looks to me like the workaround is simply to tell the system that your contribution limit is higher -- which in fact it is.
601172
YES. Once you buy this you own it. I've had mine for 9 months. At the rate of $8 /momth it would have saved $64.00. My company was charging me $14.99 /month.
1437862
I've been using QB2012 profor the past 5 months and while it is true that they charge too much for "enhanced payroll and other features," I found the service very helpful. I run payroll for 2 employees and the annual cost is over $300 bucks plus a $29 monthly fee. This is too much! But when it comes to Fed 941 and state's liabilities I don't have to worry and just process the liabilities via electronic filing. I also contacted their payroll customer service and they were very professional and helpful in answering my questions. I also posted a question on the Intuit blog and I got a response within a few hours. Every software company comes up with upgrades for their products and charges for them but I do agree that QB's upgrades are too expensive, specially after you have spent a considerable amount obtaining the software and paying for services. QB should care more a about its customers and provide upgrades and services at reasonable rates.
117214
I am curious about this as well. I do not want to have to buy an additional state package if another person in my house needs to file.
1529145
I don't think do if u are expecting auto deductions... like taxes, insurance premiums, etc..and then tracking of such deductions .. quicken is a database ..
2139577
restriction have 3 cats and dog runs on auto goes on high 5t06 per day running 6 month change pre filer every 60 days
2262678
They will figure out self-employment tax in your 1040. You can report income from 1099s and deduct business expenses as well.
1094714
Form 1040 is for personal taxes, this software is for corporations. If you have a self employed business, the form you need to file for the business part is Schedule C that is embedded in 1040. So you need Turbotax Home and Business.
2242791
I'm looking into this for my husband. I checked with my Insurance company, here in MA. In fact I work for my insurance company and know their benefits to be pretty liberal, but they don't cover it. It is however covered under Flexible Spending Account Plans if your company offers one of those. I may also appeal it with our company since my husband's doctor is talking of putting him on Toprol (generics aren't working) and the cost to the company for Toprol will be far greater than resperate.
1501386
I cannot say for sure. I am a sole proprietor in my consulting business. It worked very well for me and there are features for inventory and business expenses that are not common in my case. I think an S corp is still taxed at an individual rate, so it should work.
414846
Thanks Bob for the explaination. I got it this time. The interview title within the "Less Common Income" is kind of misleading; The "foreign earned income" is really means "foreign earned income exlusion", because I don't have any exclusion, that's why everytime I went through the interview, it just delete the form 2555, and didn't give me any chance to input the "foreign wage"; After I went into the "Miscellaneous income", I did able to see the "foreign wage" can be inputed; I think most of other people will have similar issue as me......Even if they do have "foreigh earned income exlusion", they will still be stuck at the "foreign earned income (exclusion)" because they are not able to input income here and they don't know there is a "foreign wage" input two level deep under the "Miscellaneous income"...... Jason Guo
2027832
My wife has a small business and we have a portfolio of stocks and mutual funds. I have used the Home and Business version for years and it has worked great. I'm not sure about the LLC but I think that would be covered as well. All you have to do is answer questions.