Can I download the Turbotax software, or do I have to buy the box program?

With TurboTax, you have three options: online tax prep, download, or CD, so yes, you can download it. If you do the online tax prep, it's free to start, and you only pay when you're ready to file your taxes. With the CD and/or download versions, you have to pay first, but then when you efile your taxes, it's free.

For business taxes, you don't file quarterly, but you can opt to pay quarterly, and actually have to if you expect to owe more than $1000 per tax year. The easiest way to deal with this is to use a good accounting software, which you can find online or for download, and track all of your income. Good software will estimate your quarterly payments for you.

Then you can go to the EFTPS site, which is set up by the IRS, and make your quarterly estimated payments through a credit card or bank account. Then at tax time the next year, you'll put the estimated payments on your tax form, and if you overpaid, you'll get a refund. Sources: turbotax.com irs.gov/efile/article/0,,id=98005,00.html.

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