TurboTax Guides You Step-By-Step To Your Maximum Refund. Guaranteed.3
Just like a GPS in your car, TurboTax literally maps out your return as you make your way to your maximum refund with these handy and helpful features:
Mapping icons: Know exactly what stage of your return you're in, and how far you need to go to finish
Set flags anywhere: Easily mark sections you need to revisit, so you can find them again later - without getting lost
Accuracy check: Double-checks your return for errors, helps you correct them and ensures every tax-saving opportunity has been found
What does this mean? It means that you can have confidence knowing your return is accurate. It means that you'll know exactly when one section is complete and you're ready to start another. It means that you'll know exactly where you are in your return, and how far is left to go. And it means that you're in control over how and when you prepare your return.
Is TurboTax Home & Business Online Edition Right for You?
Were you self-employed at any time during the past year? Did you work as a contractor, and need to include that income along with your personal income too? Looking to claim any business expenses you incurred?
If so, then TurboTax Home & Business Online Edition is right for you. It walks you through your return and helps analyze your business. Even if you don't know much about business tax, TurboTax Home & Business is designed to help you save time. And money.
For Sole Proprietors, Unincorporated Businesses, Consultants & Contractors.
Small business owners know the value of hard work - after all, it takes a lot of effort to maintain a successful small or home-based business. And when you work for yourself, you tend to skip the coffee breaks.
That's why TurboTax Home & Business Online Edition looks out for small business owners & contractors... so that you can save time and keep the filing process simple. Thanks to step-by-step guidance, including the EasyStep™ Interview, TurboTax Business helps you easily & confidently prepare your personal taxes.
Because business taxes don't have to be hard. In fact with TurboTax Business, it's pretty simple.
You're Investing Now to Secure Your Financial Future.
We Get It. And We Can Help.
TurboTax Home & Business includes tools designed to help you calculate capital gains and losses and maximize the tax benefits of your RRSPs, mutual funds and other investments:
RRSP Optimizer: See how different RRSP contribution amounts affect your refund or tax owing
Stock Tracker: Get a clear understanding of how your stock's performance affects your taxes
The result? You can confidently complete even the most complex personal tax return - and benefit today as well as at retirement. With TurboTax Home & Business, you can find deductions you may not even have known you were entitled to, which means less money owed or a better refund.
Rental Property Guidance: Get The Profit, Minus The Hassle.
Do you own a rental property? Or rent out a room in your home? Have you ever made repairs to your rental property? Rental properties can, and should be, a great investment opportunity for your day-to-day life & your future plans. Make the most out of your rental income by claiming every possible expense with TurboTax Home & Business.
TurboTax Home & Business provides extra guidance for rental property income, helping you determine eligible expenses and providing tips for refinancing.
TurboTax Handles Changes In Your Life.
Your life has probably changed a bit over the course of 2011. Maybe you just started a business. Maybe you got married or went back to school. Much of what changes in your life can impact where you stand as a Canadian taxpayer... so TurboTax helps you make sense of it all with Life Changes Profiling.
How does it work? TurboTax asks you "real life" questions about what's new in your life - and then translates your responses to fields in your tax forms. So your life can continue to get more interesting - and your tax software can keep up with it all.
Split Your Pension Income to Reap the Tax Benefits.
Reduce your taxes by splitting pension income with your spouse or common-law partner. Whether you have corporate pension plan income or income from a Canada Pension Plan, we'll guide you through how to distribute that income for best results. In fact, the Pension Income Splitting Optimizer will automatically propose the best distribution of your pension income (up to one half), which can help you & your partner pay less in taxes.
TurboTax Helps Optimize Your RRSP Contributions.
See how different RRSP contribution amounts affect your refund or tax owing with TurboTax's RRSP Optimizer tool. It helps you determine the optimum RRSP contribution amount for you and your spouse.
Then, you can contribute to your RRSP accordingly...and make the most out of your money.
We Find the Deductions.
You Get Back Every Penny You Deserve.
We don't need to tell you that more deductions mean a bigger tax return. But maybe we do need to tell you about some of the deductions/credits you're entitled to... after all, you may qualify for any of 400 available to Canadians.
That's exactly what the TurboTax Deduction Toolbox does. With tools like the A-Z Deduction list, it does the hard work for you - and ensures that you don't overlook any items to claim, from charitable donations to medical expenses to tuition.
Carry Forward Last Year's Tax Data.
(Including UFile® or H&R Block® Desktop Software.)
Save time entering data by automatically updating your current year's return with personal information & carry over amounts from last year's TurboTax return. Even better, you cut down on human error when you automatically update, so accuracy is ensured. You can import from:5
TurboTax desktop software for the 2010 tax year
UFile® desktop tax preparation software for the 2010 tax year
H&R Block® desktop tax prep software for the 2010 tax year
That means that, even if you used a different software program last year, you can still use TurboTax and reap the benefits without re-entering data.
Choose the Automated Way to Do Your Taxes.
Ever wish you could do your taxes in just a few clicks? With the TurboTax Automated Tax Return, it's almost that easy.
First, TurboTax imports your electronic tax slips from the website of your payroll and/or RRSP provider - or your epost.ca inbox. Then it automatically enters the right data on the right tax forms. You simply check over your return... and your taxes are done. Manual data entry is nearly eliminated!
You can import the following slips into your copy of TurboTax with the Automated Tax Return feature:
T3 (for mutual funds)
T4 (for employment income)
T4RSP (for amounts withdrawn from your RRSPs)
T4RIF (for amounts withdrawn from your RRIF)
T5 (for GICs)
Donation slips
RRSP contributions
TurboTax Reviews Your Return Before You File.
All you should be concerned with is entering your information. Let us take care of double-checking your return and making sure everything is in order. TurboTax reviews your simple tax return before you file by:
Reviewing your return for errors before you file
Looking for missed deductions that you may qualify for
Pointing out money-saving opportunities you should take advantage of
Helping you get the biggest refund you deserve
NEW! Audit Risk Alert.
Once you've finished entering information into your return, the Audit Risk Alert will let you know if the tax claims you've entered may trigger a CRA audit.
By letting you know of your potential risk for a tax audit before you file, TurboTax allows you to:
Make an informed decision about the deductions that you're claiming
Have professional representation at the ready by adding Audit Defence to your product
Red flags in your return can result in the CRA asking for more documentation, requesting an in-depth review or a full audit. With Audit Risk Alert, you'll have a better understanding of how the CRA will review your return before you send it.
File Online - The Paper-Free Way. And Get Your Refund in as Little as 8 Days.
When you've completed your tax return with TurboTax, save yourself a stamp and save a tree... by choosing to file with NETFILE4 instead of printing out your forms and mailing them in to the CRA. Many people who file with NETFILE get their refunds in just 8 business days.
To NETFILE, you'll just need an Internet connection and the online filing code the CRA provided on your 2011 personal income tax return package (along with your Notice of Assessment). If you don't have your code, contact the CRA to get one.
Worried About an Audit? Get an Audit Pro in Your Corner.
No one wants to get audited by the CRA, but that doesn't mean it can't ever happen to you (even if your return is 100% accurate). And if you do get audited, you shouldn't have to go through it alone. That's where Audit Defence comes in.
In the event that the CRA audits you, TurboTax Audit Defence by Canada TaxResources Inc. connects you with an experienced tax professional who will:
Deal directly with the CRA on your behalf
Help to minimize CRA penalties, if they occur
Best of all, Audit Defence gives you the peace of mind that comes with having a tax professional on your side.
How Can You Get Audit Defence on Your Side? Just add it to your TurboTax product from within TurboTax Home & Business Online Edition. Additional fees apply. Some restrictions apply.6
When you need a hand - no matter where you are during the tax filing process, we're here to help. Remember, we guarantee the accuracy of your return,7 as well as your satisfaction.8 So there's no risk!
Includes the EasyStep™ Interview to walk you through your return and find you every credit you deserve
Double-checks for errors as you go and does all the calculations for you - so you file the most accurate return possible
Comes with FREE support via email, chat and phone,9 as well as access to the TurboTax Support Centre
PLUS! Get help from other TurboTax users from within your software - exactly when you need it with the TurboTax Live Community.
See a list of some of the tax slips you can import into TurboTax... 
