You should be able to use Free or Basic Live. Here is a listing of forms for each version. If you are using desktop, you will need Deluxe .
What can I do with TurboTax free?
Free filing of your simple federal and state tax returns, guaranteed Covers W-2 income, Earned Income Tax Credit (EIC) and child tax credits Jumpstart your return with last year’s Turbo. Tax info or import a PDF of your return from another tax software.
What is included in the price of TurboTax?
, turbo Tax CD/Download products: Price includes tax preparation and printing of federal tax returns and free federal e-file of up to 5 federal tax returns. Additional fees apply for e-filing state returns.
What version of TurboTax do I need to use to file taxes?
If you run a business, you need to declare your income on a Schedule C and so you must use Turbo. Tax Self-Employed (also called Home & Business ). No other version offers this.
While we were reading we ran into the query “Should you hire a tax professional or TurboTax?”.
Some have found that while some people with very complex or unique situations may feel more comfortable with the direct assistance of a tax professional, the majority of tax situations are easily covered by Turbo, and tax., turbo Tax offers online and desktop versions of its software, with different prices depending on your tax filing needs.
Can I file more than one tax return with TurboTax?
This is actually an IRS rule, not a Turbo, and tax one. The IRS only allows you to prepare and electronically file up to five federal and (related) state tax returns. You can, however, prepare an unlimited number of returns and print them out to mail in. When you buy Turbo. Tax, you’re allowed to install it on any computer you own.
This is what our research found. tURBOTAX ONLINE/MOBILE Try for Free/Pay When You File: Turbo. Tax online and mobile pricing is based on your tax situation and varies by product. $0 federal (for simple tax returns) + $0 state + $0 to file offer only available with Turbo. Tax Free Edition; offer may change or end at any time without notice.
Which TurboTax do I need to file a return for a trust?
If it’s a living trust, you can use whichever Turbo. Tax personal program that suits your tax situation. There is no special tax form for living trusts; the trust’s income and deductions are reported on your personal tax return.