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. Release date: 11/4/2020. Studio: Intuit. Label: Intuit.