Yes, you can use the TurboTax Premier CD/Download version if you used Home & Business last year. However, Home & Business has the following advantages over Premier:
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Designed for the self-employed and small businesses, including independent contractors, consultants and freelancers
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Extra coaching to maximize small business and self-employment tax deductions, such as home office, vehicle, phone and supplies
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Creates
W-2 and
1099 tax forms for employees and contractors
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Guides you through start-up costs new businesses can deduct
