[Old Version] TurboTax Home & Business Desktop 2020 Tax Software, Federal and State Returns + Federal E-file [Amazon Exclusiv

4.5 4.5 out of 5 stars | 5,581 ratings

Price: 99.99

Last update: 12-23-2024


About this item

TurboTax Home & Business is recommended if: You are self-employed, an independent contractor, a freelancer, a small business owner, a sole proprietor, have a home office or home-based business
Includes 5 free federal e-files and one download of a TurboTax state product (dollar 40 value). State e-file sold separately.
Extra guidance for rental property income, expenses, refinancing and self-employment & business deductions
Double checks your return along the way
Searches 350 deductions and credits, including industry-specific tax deductions plus maximizing charitable donations with its deductible
Save time with simplified asset depreciation and reporting
Create W-2 and 1099 tax forms for employees & contractors
Automatically imports W-2s, investment & mortgage information from participating companies (may require a free Intuit account) and imports prior year data from TurboTax and other tax software
Understand your tax history and maximize next year’s refund with personalized advice


From the manufacturer

TurboTax Home & Business 2020

Get your taxes done right with TurboTax 2020

TurboTax is tailored to your unique situation—it will search for the deductions and credits you deserve, so you’re confident you’ll get your maximum refund.

  • Get your personal and self-employed taxes done right
  • Includes 5 free federal e-files and one download of a TurboTax state product. State e-file sold separately.
  • Free product support via phone
  • Extra guidance for self-employment & business deductions
  • Double checks your return along the way
  • Boost your bottom line with industry-specific tax deductions

Free Trial of Quicken Starter Edition 2021

  • Get your complete financial picture at a glance--view balances, budgets, accounts and transactions, see spending trends and search transaction history, all in one place
  • To redeem your Quicken offer and get more information about Quicken, install your TurboTax software and click “Claim this offer” (applies to new Quicken subscribers only)

TurboTax Home & Business is recommended if any of the following apply:

  • Need to file both Federal & State Tax Returns
  • You are self-employed
  • You are an independent contractor
  • You are a freelancer
  • Small business owner or sole proprietor
  • Have a home office or home-based business

Personalized to you

Step-by-step guidance

Transfer last year's info

WINDOWS SYSTEM REQUIREMENTS

NOTE: TurboTax Business is Windows Only

Operating Systems Windows 8, Windows 8.1, Windows 10 (Windows 7 not supported)

RAM 2 GB or more recommended

Hard Disk Space 1 GB for TurboTax (plus up to 4.5 GB for Microsoft .NET 4.5.2 if not already installed).

Monitor 1024x768 or higher recommended.

Third Party Software Microsoft .NET 4.5.2 (included with TurboTax Installer)

Internet Connection 1 Mbps modem (Broadband connection highly recommended). Required for product activation, software updates and optional online features.

Printer Any Windows-compatible inkjet or laser printer. Administrative rights required

MAC SYSTEM REQUIREMENTS

Operating Systems macOS Mojave 10.14, Catalina 10.15

RAM 2 GB or more recommended

Hard Disk Space 1 GB for TurboTax.

Monitor 1024x768 or higher recommended.

Internet Connection 1 Mbps modem (Broadband connection highly recommended). Required for product activation, software updates and optional online features.

Printer Any Macintosh-compatible inkjet or laser printer.

Product activation required via internet.

Download option requires free online Intuit account.

Disclaimers:

Installation requirements: Product activation required via Internet. Install and activate on up to five of your computers. Download option requires free online Intuit account.

Operating System Note: As of January 14, 2020, Microsoft no longer provides security updates or support for PCs running Windows 7, as a result, TurboTax 2020 products will not work with Windows 7.

100% Accurate Calculations: If you pay an IRS or state penalty or interest because of a TurboTax calculation error, TurboTax will pay you the penalty and interest.

Maximum tax refund: If you get a larger refund or smaller tax due from another tax preparation method, TurboTax will refund the applicable TurboTax federal and/or state purchase amount paid.

Audit support: If you received an audit letter based on your 2020 TurboTax return and are not satisfied with how TurboTax responded to your inquiry, TurboTax will refund the applicable TurboTax federal 1040 and/or state purchase amount you paid. TurboTax will not represent you or provide legal advice. Excludes TurboTax Business.

Data Import: Imports financial data from participating companies; may require a free online account. Quicken and QuickBooks import not available with TurboTax installed on a Mac. Imports from Quicken (2018 and higher) and QuickBooks Desktop (2018 and higher); both Windows only. Quicken products provided by Quicken Inc., Quicken import subject to change.

60-day, Money-Back Satisfaction: Try TurboTax software. If you're not satisfied, return it to Intuit within 60 days of purchase with your dated receipt for a full refund.

About TurboTax product experts: Customer and product phone support vary by time of year.

Fastest refund possible: Fastest refund with e-file and direct deposit; refund time frames will vary. The IRS issues more than 9 out of 10 refunds in less than 21 days.

TurboTax CD/Download products: Amount includes tax preparation and printing of federal tax returns and free federal e-file of up to 5 federal tax returns. Additional fees apply for e-filing state returns. E-file fees do not apply to New York state returns. Amount subject to change without notice.


Top reviews from the United States

harry
5.0 out of 5 stars worked fine
Reviewed in the United States on April 26, 2024
worked fine
Melissa T. Colombo
5.0 out of 5 stars Excellent product - READ below if you get Error Code 2350 during install
Reviewed in the United States on November 14, 2020
I've used TT Home and Business for 15 years now. Great product. Some years, I have trouble installing the PC download version. Googling the issue doesn't always help, as in the case of this year. Don't fret. Try this first if your situation is similar to mine:

Windows 10 x64
PC TurboTax 2020 Home & Business
All updates applied as of 11/14/2020
Panda Free Antivirus

Simply....disable Panda Antivirus. Right click on downloaded TT installer, Run as Administrator. After TT installs, don't forget to enable Panda Antivirus.
If after trying this solution and it still brings up the Error 2350, proceed with the Microsoft Repair Tools that you will find on Google.
American Colonist
5.0 out of 5 stars smooth start; great finish
Reviewed in the United States on December 16, 2020
This was easy to load off the Amazon server. It started easily & right up. I had TurboTax 2019, so it began by filling in critical data carried over from 2019 and thus avoided having to re-enter this data. Very pleased, so far.
UPDATE MARCH 2021: I certainly found the software easier to use the second time around. I especially liked the phone-in help that I received when I ran into questions about where to enter data or interpret instructions. The software continues to update and improve over the last 2 months, some necessary because the IRS has been slow to generate proper forms. The software is great for calculating questions about the need for filing AMT, calculating the maximum RMD, or calculating complex tax totals with forms like the special taxes for capital gain. Without a doubt, I'll be a repeat buyer in tax year 2021.
BobR
4.0 out of 5 stars Crashes before I can start a return [UPDATED AFTER FIX]
Reviewed in the United States on February 6, 2021
I installed this program on a fully-updated Win 10 laptop. Every attempt to use the program results in a crash. I have tried to launch every function after the Begin button. Each one ends in an error and then TurboTax crashes. I have tried repair and uninstall/re-install with no improvement. I also downloaded a fresh copy in case the original download was corrupted in some way. For now, the software is useless to me.

I will update this review when (if?) I can get this program to work.

13 FEB 2021 UPDATE: A couple of days ago, Intuit provided an update to the program. When I reinstalled and downloaded the update, all the startup problems were fixed. I am satisfied. My experience with TurboTax in the past has been positive, and I anticipate the same this year. I bumped the rating up from one star to four. It would have been five stars, except Intuit should have never released the product before it was even minimally functional.
burkbuilds
5.0 out of 5 stars Accurate and cost effective
Reviewed in the United States on December 15, 2021
I paid a CPA big bucks for many years to do my personal and business tax returns. This program does a great job and allows me to do it myself and be confident I've done it correctly and taken all the proper deductions and depreciations I need. I've been using Turbo Tax for over 5 years now and I'm very satisfied with the program.
Peter ff
5.0 out of 5 stars Good software
Reviewed in the United States on September 8, 2023
The title says it all.
David D
5.0 out of 5 stars Trusted by me for 32 years now.
Reviewed in the United States on February 10, 2021
I've been using TurboTax since I opened my first business in 1988. It's changed over the years but gives me the confidence to do small business taxes year after year. In 2005 I even took them to a tax preparer just to compare.. I was looking at a hefty tax bill. Well 1200 dollars later.. compared to TurboTax line for line, I actually owed a couple dollars less.... because I could deduct 1200 for tax prep service. But aside from that it was line for line the exact same.
So the 74 bucks i paid was equal to the 1200 I spent. So for 32 yrs and however long I continue, will trust TurboTax to do the, right and cheaper.
????????????????
5.0 out of 5 stars Very easy - great price
Reviewed in the United States on April 16, 2021
The download was easy to find, the software updated when it needed to, completing the return was very easy - the online help feature worked...I did have to use the help feature a couple of times, but overall worked very well. Refund and then state payment worked well. State E File is extra $...not much...well worth it.

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