topic TT home and business vs premier in Get your taxes done using TurboTax

TT home and business vs premier

jyeh74 — Thu, 06 Jun 2019 14:45:13 GMT

In 2014, I got "Home and Business"

In 2016, I got "Premier"

Did they discontinue Home and Business? What is the difference between Home and Business VS Premier? I looked it up and it said Premier basically has investment properties. But I was able to do schedule E with Home and Business.

No, Home and Business was not discontinued. You can still...

ChristyW — Thu, 06 Jun 2019 14:45:15 GMT

No, Home and Business was not discontinued. You can still purchase it for download by visiting https://turbotax.intuit.com/personal-taxes/cd-download/. This will also show you some of the differences in the two programs. The biggest difference between the 2 programs is the ease of use for self-employed personal & business income and expenses. Otherwise, the 2 desktop programs have the same capabilities.

TurboTax Premier does have Schedule E Supplemental Income and Loss, including rental property.

FYI - in 2014 they made the Desktop programs be like the...

VolvoGirl — Thu, 06 Jun 2019 14:45:17 GMT

FYI - in 2014 they made the Desktop programs be like the Online versions so you had to use a higher version to enter certain things and forms. That didn’t work out so they put back all the forms into all the Desktop programs. So you can even use a lower version like Deluxe to enter sch E and C and investments. You just get more help in the higher versions. Home & Business is the highest version. You can see them all here.
<a rel="nofollow" target="_blank" href="Https://turbotax.intuit.com/personal-taxes/cd-download/">Https://turbotax.intuit.com/personal-taxes/cd-download/</a>

Re: FYI - in 2014 they made the Desktop programs be like the...

emmel650 — Mon, 30 Dec 2019 19:00:44 GMT

I need to file a 1099-MISC for a handyman who worked on my rental property. Can I file that online using the Premier CD version, or do I have to use Home and Business?

Re: FYI - in 2014 they made the Desktop programs be like the...

VolvoGirl — Mon, 30 Dec 2019 19:11:06 GMT

To prepare a W2 or 1099Misc you need to use the Online Self Employed version or the Desktop Home & Business program. So yes you would need Home & Business. But I don't think you need to give out a 1099Misc for rental property. Only if you pay someone from a business you own.

Here is a blank 1099Misc

https://www.irs.gov/pub/irs-pdf/f1099msc_19.pdf

Instructions https://www.irs.gov/pub/irs-pdf/i1099msc_19.pdf

Re: FYI - in 2014 they made the Desktop programs be like the...

w-burnham — Sun, 03 Jan 2021 14:41:28 GMT

I had a note to myself that I should get Home and Business because it allows you to enter information using “Forms” mode. I accidentally got Premier 2020. Will it allow me to use the Forms mode?

Bill

Re: FYI - in 2014 they made the Desktop programs be like the...

xmasbaby0 — Sun, 03 Jan 2021 14:48:01 GMT

@w-burnham All of the desktop software versions have "Forms" mode. Online software does NOT have Forms mode.

Re: FYI - in 2014 they made the Desktop programs be like the...

DoninGA — Sun, 03 Jan 2021 14:49:13 GMT

@w-burnham wrote:

I had a note to myself that I should get Home and Business because it allows you to enter information using “Forms” mode. I accidentally got Premier 2020. Will it allow me to use the Forms mode?

Bill

All of the TurboTax desktop CD/Download edition have the Forms mode. All of the desktop editions include the same forms, schedules and worksheets. The higher editions give more help and guidance.

Re: FYI - in 2014 they made the Desktop programs be like the...

w-burnham — Sun, 03 Jan 2021 18:12:39 GMT

Will Premier calculate my possible SEP contribution for my small business (business is simple -- just royalties from a book)?

Re: No, Home and Business was not discontinued. You can still...

RickP58 — Thu, 02 Feb 2023 01:43:19 GMT

Is the PREMIER program edition and the "Home & Business" one a different Front end? Or does it still say PREMIER when you bring it up? Looks the same to me!

Re: No, Home and Business was not discontinued. You can still...

DaraLO — Thu, 02 Feb 2023 16:15:31 GMT

TurboTax Premier and TurboTax Home & Business are two separate products. You can compare features and learn more about each product by visiting the following link: https://turbotax.intuit.com/personal-taxes/cd-download/

@RickP58

Re: No, Home and Business was not discontinued. You can still...

VolvoGirl — Thu, 02 Feb 2023 16:24:13 GMT

Well it will say either Premier or Home & Business at the very top. And Premier menu line says...

Personal Info....Federal Tax....State....Review.....File

Home & Business menu bar says

Personal Info...Business....Personal....State Taxes...Review....File

H&B breaks out the Federal tab into Business & Personal.

Here's mine form Windows Home & Business