The TurboTax Premier Federal + State Software from Intuit is a software package designed to guide you through the filing of your federal and state income taxes. This edition of TurboTax is ideal for anyone filing a tax return based on income from W-2, 1099, social security, or alimony. It offers tools for homeowners as well as anyone who has made charitable contributions or has education and medical expenses.

It also supports the specialized tax needs for stock sales, rental property, and Schedule K-1 partnerships, estates, or trusts. TurboTax Premier is a great option for anyone who needs to file personal federal and state tax returns.

Electronic Data Retrieval
TurboTax features tools to electronically download W-2 and 1099 forms from hundreds of employers, mortgage companies and financial institutions. This allows you to avoid keying errors when transcribing data from your paper forms to the computer.

• One-Click Updates
The software features one click updates which give you access to late-breaking IRS and state income tax forms. You can even work on your taxes while the updates are downloading.

• Minimizes Audit Risk
TurboTax features tools that compare your deductions against national averages. This can show you if your deductions deviate from the national average. You'll be able to change your deductions to fit this norm and help minimize audit risks.

• Error Checking
The software allows you to double-check your return for accuracy and completeness. This allows you to ensure that your taxes are prepared correctly.

• Electronic Filing
TurboTax allows you to electronically file your taxes with the IRS. In many cases this allows you to receive a refund within 10 days. You can even request that your refund be issued via Direct Deposit, further shortening the turnaround time. TurboTax also provides an IRS receipt so that you have proof that your return has been officially filed.

• Deduction Maximizer Center
The software includes tools to help maximize deductions on your return. The deduction maximizer center shows you how to qualify for over 350 deductions. It also includes the ItsDeductible software to help you better assess the values of donations.

• Life Events Planner
The included life events planner guides you through the tax implications of common steps in life. These include the purchase of a new home, new dependents and much more. The tool will help you determine how these changes will not only affect you in the present, but in the future as well.

• Investor Tools
TurboTax features tools that are designed to help investors handle capital gains and losses. It allows you to track your 401(k) plan effectively to determine the original value of investments sold. The software also features tools to track carryover gains and losses from prior year investments, applying them to your current return.

• Property Tools
The software includes a toolkit that is designed to help landlords maximize deductions for rental properties. A refinancing expert offers tips for refinancing a rental property. TurboTax also includes a depreciation expert and offers an in-depth rental deduction wizard that will help you get the most out of your rental properties.

Tax Forms
It’s not as bad as it looks. Here are just some of the forms that TurboTax Premier Federal + State fills out for you:

Form 1040 Individual Income Tax Return
Form 1040A Individual Income Short Form
Form 1040EZ Individual Income Tax Return EZ
Form 1040-V Payment Vouchers
Form 1040X Amended Individual Tax Return
Form 1099-DIV Dividend Income Worksheet
Form 1099-G Certain Government Payments
Form 1099-INT Interest Income Worksheet
Form 1099-MISC Miscellaneous Income Worksheet
Form 1099-MSA Medical Savings Account Distribution
Form 1099-OID Original Issue Discount
Form 1099-Q Qualified Education Program Payments
Form 1099-R Distributions from Retirement Plans Worksheet
Form 1116 Foreign Tax Credit
Form 1310 Stmt of Person Claiming Refund
Form 2106 Employee Business Expenses
Form 2120 Multiple Support Declaration
Form 2210 Underpayment of Estimated Tax
Form 2210AI Annualized Income
Form 2441 Child and Dependent Care Expenses

Windows
Computer: 200 MHz
Operating System: Windows 2000, XP Home, XP Media Center Edition, XP Pro, Vista Home Basic, Vista Home Premium, Vista Ultimate, Vista Business
Memory: 128 MB
Hard Drive: 265 MB
Display: SVGA monitor with 800 x 600 resolution at 16-bit color
Internet: 28.8 kbps or broadband connection
Software: Internet Explorer 6.0, Macromedia Flash 7.0, MSXML 3.0
Hardware: CD-ROM drive, Printer

Mac
Computer: Power PC G3, Intel
Operating System: Mac OS X 10.2.8
Memory: 128 MB
Hard Drive: 255 MB
Display: 800 x 600
Internet: 28.8 kbps or broadband connection
Software: Macromedia Flash 7.0
Hardware: CD-ROM drive, Printer

Product Packaging: Retail Box