Product Description

Stocks, Bonds, Mutual Funds and Rental Properties Step-by-Step Guidance Product Information TurboTax Federal+State Premier includes everything in TurboTax Deluxeplus more!  TurboTax Premier Guides you step-by-step through investmentsand rental property income. Assists with stocks, bonds, mutual funds, stockoptions, and ESPPs. Makes it easy to report rental property income and maximizeyo

Product Details

• Amazon Sales Rank: #2434 in Software
• Brand: Intuit, Inc.
• Model: 400015
• Released on: 2006-11-21
• Platforms: Windows 2000, Windows XP, Mac OS X, Windows Vista
• Format: CD-ROM
• Dimensions: .20 pounds

Features

• Tax preparation software guides you through your return step-by-step for a fast and accurate refund
• Includes all the features of TurboTax Deluxe, plus even more help for investments and rental property
• Shows you how to qualify for deductions, looks for deduction opportunities, and tracks how much you've saved in deductions and credits
• Finds and maximizes your deductions while guiding you through mortgage interest, charitable contributions, education, medical expenses, and more; flags items the IRS might question so you can take care of potential problems before you file
• Includes ItsDeductible software to help you accurately value items donated to charity, and one free state download to help you handle deductions specific to your state of residence

Amazon.com
Compatible with both Windows and Macintosh operating systems, the TurboTax Federal and State Premier Investments 2006 includes all the features of TurboTax Deluxe, plus even more help for investments and rental property. This program finds and maximizes your deductions while guiding you step-by-step through mortgage interest, charitable contributions, education, medical expenses, and more. Additionally, Premier Investments 2006 shows you how to qualify for deductions, looks for deduction opportunities, and tracks how much you've saved in deductions and credits. It includes ItsDeductible software to help you accurately value items donated to charity, and one free state download to help you handle deductions specific to your state of residence.

Compare TurboTax Federal and State Premier 2006 to other TurboTax versions.

The Cost Basis Expert walks you through calculating your basis for each trade, including single and multiple purchase lots, first in first out (FIFO) reporting, average cost reporting and more. View larger.

Quickly calculate depreciation and deductions for your rental property. View larger.

No More Lost Opportunities
This software shows you how to qualify for over 350 deductions, from mortgage interest, to child-care expenses and more, so you don't miss important deductions that could have a significant impact on your return. As you move through the deduction process, this program looks for deduction opportunities, shows you which deductions you've already taken, which you haven't, and which you're not yet eligible to take. While reviewing your return to identify missing income information, it also helps you find overlooked deductions. The end result is a comprehensive tally showing how much you've saved in deductions as well as the impact on your refund or bottom line.

Life Events Planner
Now featuring software that guides you through common life events-- like buying a new home, taking on new dependents, marriage or divorce-- Premier Investments 2006 shows how future life changes will affect next year's taxes. By giving you a glimpse of what's to come, you can optimize your present and future tax situation.

Time-Saving Options
Premier Investments 2006 is loaded with time-saving features that help you to quickly and easily file your taxes without making mistakes or cheating yourself out of key deductions. First, this program lets you transfer and edit information from your last year's TurboTax return so you don't have to enter it again. When it comes time to make changes, you can take advantage of the summary pages at the end of each section-- they make it a snap to find and edit data you've previously entered. To save even more time, quickly jump to sections of your return using a clickable tax topic list.

Nothing wastes time more than an exhaustive audit, and that's why Premier Investments 2006 flags items the IRS might question so you can take care of potential problems before you file. At the same time, this program compares you deductions to national averages for your income bracket so you can quickly see if your deductions fall outside the norm. This prevents future headaches while also potentially saving you money.

Fast, Guaranteed Results
Because it's so thorough and easy to use, Premier Investments 2006 can help deliver the fastest refund possible. For even speedier results, e-file your return and get your money back in as little as 10 days (fees apply). This program also comes with TurboTax's guarantee that you'll get the maximum refund you're entitled to with TurboTax than with any other tax preparation method or they'll refund you every penny of your purchase price.

Customer Reviews

Good product. More expensive.
I have purchased TurboTax for years. For the 2006 tax year, the premier version is $64.95 at Amazon plus $29.90 for e-filing. (No rebates for e-filing this year.) The Taxcut 2006 is 49.95 for the same features and the e-filing is included! TurboTax with e-filing is almost twice as much (94.85 vs 49.95) as compared to TaxCut with e-filing included. I am switching to TaxCut this year.

TurboTax 2006
As promised, the Federal portion of the program is nearly flawless, well balanced between ease of use and topic assistance. The State portion, however, leave much to be desired. The State portion did successfully extract the information from the Federal side. However, State-tweaking was non-existent. I hope that this side of the program will be addressed in future versions. Electronic filing was flawless. So too was the importation of Fidelity Investment portfolio download.

Good product for most people
This was the first time in about 5 years that I used Turbo Tax. I was impressed with several aspects of the product:
- Very easy to use interface and interview style questions
- Incorporates Its Deductatble to make donations easy to track
- Allows you to look at the actual tax forms as you answer the questions
- Allows you to import from Quicken

I did find this product a little disappointing though. Turbo Tax is good if you have a relatively straight forward tax situation (w2s, 1099s, and itemized deductions). Once you start getting into some more unique solutions, Turbo Tax does a lot of behind the scenes calculations that may or may not be what you are thinking. As a result, I spent a lot of time reviewing and correcting my 1040.

I also found that the state component of the software is not very strong. Turbo Tax provides limited support for questions on state taxes, and I also found that they do not support some of the forms that I am required to submit. So my state taxes are only partially completed by Turbo Tax and I have to manually fill out the remaining forms.