


See your audit risk Reduce your chance of a tax audit with our Audit Risk Meter.

Big life changes? We can help Did you change jobs, get married, buy a home or retire? We'll guide you through common life changes, explain how they impact your taxes, and find any new tax deductions and credits you may qualify for. Plus, we'll track other donations such as cash, mileage and stocks, to help you get every tax deduction you're entitled to for your charitable donations. Maximize your tax deduction for your donations Accurately value items you donate to charity with ItsDeductible (included)-no more guessing.Then, based on your answers, TurboTax will search for more than 350 tax deductions and credits to get you the biggest tax refund- guaranteed. Find every tax deduction and credit you qualify for We'll get to know you by asking simple questions about your income, family and changes in your tax situation. Plus, our median monthly rent calculator can help you find the fair market value for your rental property.
Turbotax 2017 home and business sale how to#
Guidance and support with new rental properties We'll guide you on how to set up new rental properties. Refinancing Deductions Save every penny-we'll guide you through deducting points, appraisal fees, and more from your refinance. We'll show you which depreciation method will get you the biggest tax deduction. See your best rental depreciation method Simplify reporting your rental property depreciation. Maximize your IRA savings Retirement tax help and IRA tool show you how to get more money back this year and when you retire. Employee Stock Plans If you sold employee stock we'll automatically determine your correct basis for shares purchased.Find your cost basis In three easy steps you'll discover your accurate purchase price for stock sales. We'll automatically calculate capital gains/losses and keep track of those that carry over to future tax returns. Automatically import your investment info We can automatically import investment info directly from participating financial institutions.* Guidance and support reporting investment sales We'll walk you through reporting sales of stocks, bonds, and mutual funds. Extra guidance for new businesses We'll show you the startup tax deductions for new businesses so you can get the maximum refund you deserve. Maximize next year's refund My Analysis & Advice will look at your tax history, let you know your “tax health,” and provide you with expert tips to help you get an even bigger refund next year! Employee tax forms Prepare and print unlimited W- tax forms for your employees and contractors.($19.99 value) Self-employed Income Perfect for entering multiple sources of income, including 1099-MISCs and sales from goods and services. Our credentialed tax experts have answers for every situation and will always be there to guide you from start to finish. Live expert answers by phone Live Expert Help. Expenses made easy We'll walk you through expense categories and offer additional tax-deduction suggestions. Vehicle tax deduction Let us determine if actual expenses or the standard mileage rate will get you the biggest tax deduction. We know your industry Don't miss any tax write-offs–we'll help you spot overlooked tax deductions for your industry. Self-employed deductions We'll tell you which expenses you can deduct such as phone, supplies, utilities, home office and more.
