2006 TurboTax Business Corporations and Partnerships [OLDER VERSION] by Intuit

Description

TurboTax Business 2006 can help simplify the complex process of filing your business taxes. If your business is a corporation or partnership/LLC, and earns up to 250,000 dollars a year, TurboTax Business is ideal for preparing and filing your business income taxes. This easy-to-use software prepares Forms 1120S (“S” corporations), 1065 (partnerships/LLCs) and 1120 (“C” corporations) while also working for estates and trusts.

Compare TurboTax Business 2006 to other TurboTax versions.

The EasyStep interview asks you simple questions and instantly places your answers onto IRS-approved forms. View larger.

Step-by-Step Guidance
This invaluable program guides you through your business return step-by-step so you can quickly file your taxes and receive an even faster refund. You won't have to struggle with confusing tax laws or directions– Business 2006 does it all for you by asking easy-to-understand questions in plain English and then placing your answers onto IRS-approved forms. To ensure complete accuracy, it then double-checks your return for errors and even flags potential audit risks.

Time-Saving Options
The Business 2006 features a business profiler option that allows you to develop a profile of your business and customize your step-by-step interview. This means you won't have to spend time answering questions that don't apply to your business or wading through unnecessary steps to get to the bottom line. Designed to pinpoint what forms you need in a minimum of steps, Business 2006 keeps things clear and simple.

The “Getting Organized” section gives you a customized list of the documents you'll likely need to complete you return, so you'll never have to scramble to find just the right form. You'll also avoid losing your place while you hunt for important papers. When it comes to retrieving information already stored on your computer, the import options make it a snap to access the data you need. Take advantage of the QuickBoosk import function to import your QuickBooks data directly into the Business 2006.

Finally, the two-tier format shows you high-level tax topics and the specifics that relate to each topic. The results: it's easier to enter data in your return, and to go back and make changes if necessary.

More Detailed Categories
Versatile and flexible, Business 2006 ensures that you get every deduction your business is entitled to, even those that are often overlooked. By giving you access to more detailed income and expense categories, including custom-tailored categories for industries like service businesses or real estate rentals, you'll have important, specialized information that can result in a bigger return than ever before.

Precise Guidance
The Business 2006 walks you through depreciating your business assets while automatically downloading and installing program updates as tax forms and tax laws are updated by the government. It also examines your return and identifies additional deductions that you may be eligible for, probing for items you may have overlooked. For added peace of mind, this program also identifies overlooked deductions and inconsistencies that could trigger an IRS review.

Convenient Preparation
The Business 2006 easily prepares K-1, W-2 and 1099-MISC forms for partners, employees and contractors, performing the calculations and printing on plain paper. It also offers tips on getting ready for an accountant to review your business tax return. And if questions do come up, you can take advantage of the free telephone support that comes with purchasing this product.

No-Risk Guarantee
There's absolutely no risk involved in using Business 2006. TurboTax guarantees you'll get the maximum refund you're entitled to with this software than with any other tax preparation method or they'll refund you every penny of your purchase price.

Platforms

Windows Vista, Windows 2000, Windows XP

Product Features

• Tax preparation software guides you through your return step-by-step for a fast and accurate refund
• Ideal for preparing and filing business income taxes; designed for corporations or partnership/LLCs, earning up to 250,000 dollars a year
• Prepares Forms 1120S (“S” corporations), 1065 (partnerships/LLCs) and 1120 (“C” corporations) while also working for estates and trusts
• Asks easy-to-understand questions in plain English and then puts your answers onto IRS-approved forms; double-checks your return for errors and even flags potential audit risks
• Gives you access to more detailed income and expense categories, including custom-tailored categories for industries like service businesses or real estate rentals