Thank you and this was greatly helpful. I have two additional questions and would be grateful if you can provide some answers when convenient.
a) Does this Turbo Tax Business also cater to Home Use Deductions and is there is a calculator to do that or we simply input the data ?
b) On depreciation, I have a specific question. If this is the first year of purchase and the items were purchased on a specific date, can the software help at arriving at the depreciation YTD ? Specifcally, if the company was incorporated on 1 Jan 2015 and 1 Jan 2016 is the year ending, but the items were purchased on odd days in Feb, March and April, does the software help in arriving at the depreciating figures or whether I have to hire an accountant to do these calculations ?
Once again, many thanks for your assistance in advance.
Mark
