TurboTax Self Employed is the online version for self proprietors and independent contractors. If you use the download or disk version, look for TurboTax Home and Business. TurboTax Self Employed/Home and Business is the best choice because it will allow you to get the most deductions and make sure that you are reporting all your business income and tax information. Unfortunately, the IRS requires the same information regardless of if it is part-time consulting or larger businesses. Preparing the taxes correctly is one of the costs of doing business (remember you can deduct tax prep fees as a business expense) and it will save you time and money now.
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