Editorial Reviews:
Product Description
TurboTax Federal + State Premier 2007 is great
for maximizing deductions, investments and rental property. It
guides you step-by-step and checks for errors asking you question
in plain English then puts your answers on IRS- and state-approved
forms, double checks your return for errors, and then alerts you to
audit risks to help you reduce your chance of an audit. Also
includes everything in TurboTax Deluxe.
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TurboTax Premier Federal + State 2007 guides
you through your tax return, with simple-to-understand questions to
help you finish and file your taxes. Find over 350 deductions,
accurately value your investments, and account for life changes
like retirement in order to get the largest tax refunds possible,
guaranteed. If you need help, you can get advice from the Live
Community with millions of taxpayers and experts ready to answer
your questions.
Get More Out of
Your Investments
Whether you own stocks, bonds, mutual funds, rental property, or
all of the above, TurboTax Premier helps you get your maximum
refund - guaranteed.
Explore More Than 350 Deductions
Kick back and watch as we search your return for over 350
deductions, including mortgage interest, donations, and
education.
When you sell investments, TurboTax Premier helps you accurately
report your profit. We find your purchase price in just 3 easy
steps.
Discover Your Most Profitable Depreciation Method
TurboTax Premier walks you through reporting depreciation of rental
properties. We even show which depreciation method will get you the
biggest deduction.
Find Over 20 Deductions for Landlords
From travel to advertising to insurance, TurboTax Premier uncovers
every deduction for your rental property. Take a break while we do
the handy work.
Increase Your 401(k) Savings
Boost your 401(k) contribution without hurting your paycheck.
Choose to put your refund into your 401(k) plan and watch your
interest grow.
Choose Easy
NEW. Reduce Your Risk of an Audit
Take comfort. TurboTax Premier shows you how unlikely your return
is to catch the IRS' attention. We arm you with proof for your
claims and help protect you from any IRS penalties.
Import Your Investment Information
You don't have to find your statements (or understand them. Import
your investment info from thousands of financial institutions,
including Merrill Lynch and Ameristar.
Easily Determine Capital Gains and Losses
It's simple. TurboTax Premier finds your capital gains and losses
automatically. It keeps track of those that carryover to future tax
returns - year after year.
NEW. Learn from the Live Community
No research necessary. Just ask the Live Community questions and
get answers for your situation. View advice from millions of
taxpayers and experts right on your screen.
INCLUDED. Prepare Your State Return
Watch your federal info instantly transfer into TurboTax State.
You'll be half finished before you even start your state
return.
Includes Everything in TurboTax Deluxe
Explore Over 100 Deductions for Life
Changes
If you had an eventful year, congratulations. We'll handle your
new situation upfront so you can finish your return with
confidence. Here's how TurboTax Premier manages some of the
possibilities:
Sold Investments
TurboTax Premier finds the original purchase price of investments
you sold. We automatically factor in dividends and stock splits -
along with mergers and acquisitions - to keep your taxable gains
low.
Retired
It's simple. We determine how the IRS will tax your investment
distributions - as regular income or at the lower capital gains
rate. Plus, we tell you if paying estimated taxes will keep more
money in your pockets.
Rented Out Your Home
It pays to be a landlord. TurboTax Premier shows you how to claim
your second home as rental property. Then we reveal 20 deductions
for it, including travel, repairs, and insurance.
Benefited from an Estate or Trust
If a K-1 (1040) form landed in your mailbox, relax. It's not as
complicated as it looks. TurboTax Premier automatically calculates
your taxes owed. Plus, we help you qualify for deductions, such as
those for attorney fees and interest expenses.
TurboTax Premier also handles buying a home, selling your home,
getting married, and having a baby.
Join the Millions Who Trust
TurboTax
Relax. TurboTax is dedicated to protecting your personal and
financial information. From the most advanced technology to our
relentless Privacy Team, we have you covered.
Your Information Travels Safely
We protect your info like the Department of Defense protects
theirs. Before you eFile, TurboTax encodes your information with
the most advanced encryption technology. Only our computers can
decode it, so you don't have to worry about unapproved viewers.
Your Computer Stores Your Information
After you eFile, rest assured only you can access your return.
TurboTax CD and Download products store your information right on
your computer. You control it.
Our Commitment to You
Our Privacy Team's only job is to guard you and your
information.
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