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TurboTax Business 2007 [OLD VERSION]

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TurboTax Business 2007 [OLD VERSION]

(29 customer reviews)

SKU:

DHITICD41904WM

In Stock

Availability: Usually ships in 1 business days

Intuit TurboTax Business for Tax Year 2007. For Windows and Mac. Small box.

List Price:	$99.95
Our Price:	$69.99 & this item ships for FREE with Super Saver Shipping.
You Save:	$29.96 (30%)

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Product Details

Package Length:	7.4 inches
Package Width:	5.3 inches
Package Height:	1.2 inches
Package Weight:	0.15 pounds
Average Customer Rating:	based on 29 reviews

System Requirements

Platform:	Windows Vista / Windows 2000 / Windows XP
Media:	CD-ROM
Item Quantity:	1

Features

Includes everything you need to maximize your business income taxes
Expanded interview guides you step-by-step through your return to help maximize business expenses, vehicle deductions, depreciation and more
Creates W-2 and 1099-MISC forms for your employees and contractors
Shows you your maximum depreciation method
Includes over 60 categories of business deductions

Customer Reviews

Average Customer Review: 3.5

( 29 customer reviews )
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Most Helpful Customer Reviews

9 of 9 found the following review helpful:

Waste of Time and Money Mar 25, 2008 By Angel "Movie Star Bulldog"
Do not bother with this product. Why?

1) If you don't have a fairly current version of QuickBooks, then you can't import your data into TurboTax. I'm not about to spend the crazy $$ to upgrade my QuickBooks, which works just fine for me, just so that I can import data into TurboTax.

2) Without importing, you will spend an unacceptable amount of time entering data, espeically depreciable asset information. If you understand accounting enough to manage depreciable assets and enter it into the program, then you understand it enough to fill out your tax forms (1065, 1120S, etc) by hand.

3) At the end of the day, without the ability to import, the program is just walking you through the form and asking for the information. You can download the Acrobat web fill-in forms from the IRS website and do the same thing there. The few checks that TurboTax performs aren't worth the trouble to use it. Besides, if you're using any sort of accounting software, those checks are already built in. For instance, does your balance sheet balance? If you're using accounting software, you'll already know that.

4) They want even more money to download the state version? Are you kidding me?

5) Of course, this software doesn't include personal income tax prep, so you have to pay even more for that!

My advice... buy the Home & Business version, use that to prepare W-2/1099s if you need them for your business, and use it for your personal tax return. If you are adept at accounting, and you run a small business as a partnership, LLC, or S-corp, prepare the business return by hand. If you're not comfortable doing that, then you probably should be paying someone to handle your accounting/returns. Unlike the personal versions, TurboTax Business isn't going to walk you through what you need to know at the level you need to know it.

9 of 9 found the following review helpful:

Warning: QuickBooks Upgrade Required! Jan 29, 2008 By Terry Allen-Rouman
I like the TurboTax products, but find it very self-serving and frustrating that Intuit keeps requiring us to upgrade QuickBooks in order to use TurboTax. This year's TurboTax Business will only import data from QuickBooks 2006 or newer. We're thoroughly happy with QuickBooks 2005 and have no business reason to upgrade. The only reason we need to pay Intuit another $150+ is so we can import our data into the new TurboTax. Ugh!! So just beware - if you have an older version of QuickBooks, this product is ultimately much more expensive than its list price.

9 of 9 found the following review helpful:

Decent, same as always Jan 15, 2008 By Jim B
I purchased this for my S Corporation, and it works fine, I have used previous versions of TTB 2007 for several years. It beats having to shell out $600+ for a professional, and I end up doing about the same amount of work. It imported the 2006 return fine. I would recommend it for a small to medium size business. The only thing that is difficult is manually accessing and filling forms, but it can be done. The interview is automatic, and great for simple businesses.

9 of 9 found the following review helpful:

business taxes Dec 30, 2007 By G. Besselman
the overall program is great but each year intuit who makes turbo tax has some problem or another. This year it seems to be getting updates past the microsoft security patches. They have come up with some strange remedy for it using a manual down and you have to order the updates on CD in January.

7 of 7 found the following review helpful:

Great Product - Accurate, Jan 18, 2008 By Barb Library Director
I have been using this product for at least 15 years. I had a bad experience with a CPA - they forgot to take some depreciation on my tax returns and cost me a few thousand dollars. I had to find the error, and they did an amended tax return. They charged $2000 and did it wrong! I began doing my own corporate returns after that manually. Then I found Turbo Tax for Business. I actually enjoy doing my tax returns now. I have never had a problem with IRS either. I can do my tax return in half of a day and get a very professional looking return. I love Turbo Tax! It gives me all of the forms I need, double checks my entries, lets me know if the balance sheet is out of balance, and won't let me finish until I find and fix my errors. Great Product.

See all 29 customer reviews on Amazon.com