TurboTax offers you a variety of versions depending upon your needs. There’s always a battle going on between which is the best version between TurboTax Home and Business vs Premier. It is very difficult to judge that, as different people have different needs and the answer solely depends upon that. But here’s a comparison between the two versions that will give you some clarity. The TurboTax Home and Business version is for the self-employed. It basically guides its users through the completion of Schedule C. It also maximises the deductions for the home office and other business costs. It consists of a very simple way to enter income and expenses. On the other hand, there is another version, which is the Premier Edition. It has all the features of Deluxe and some added tools that deal with investments and rental property. It calculates losses and gains for you. It also calculates rental property income and expenses and makes your life easier. It is entirely up to you if you’re deciding which version to use. Analyse your needs and then take the decision.