If you’re using a desktop version of Turbo. Tax them most any version will do as they all support the same Forms, Schedules and Worksheets. The sale will be reported to you on Form 1099-B reporting how much you sold the stock for.
BTW: This was my first year to invest in the stock market Depends. If you use the Online web version you do need Premier . If you buy the Desktop CD/Download program Deluxe will work but you get more help in Premier.
Yes, the Deluxe CD version can handle stock sales and will import your investments., however, turbo Tax Premier CD version offers additional help for customers with investment income.
Which TurboTax to use for stock dividends and interest?
For the online editions of Turbo. Tax for reporting only dividends on form 1099-DIV and interest on Form 1099-INT, you can use either the Deluxe or Premier Edition.
What version of TurboTax do I use to report stock sales?
In tax year 2017 you would need to use the Premier or Self-Employed online editions to report the stock sales. The assumption is that this will also continue for tax year 2018. Or you could use any of the Turbo. Tax desktop CD/Download editions since all the desktop editions support stock sales.
One of the next things we asked ourselves was: what version of TurboTax do I need to report a house sale?
If you do need to report it or if it was an investment property (second home), report on Schedule D Capital Gains and Losses. Rental Properties are reported on Form 4797. Use Premier Edition for any of these sales. May 31, 2019 10:05 PM I sold a house this year. What version of Turbotax do I need? What type of house was it?
Can I use a more expensive version of TurboTax?
In all the questions and answers below, you can always use a more expensive version of Turbo, and tax. We list the cheapest version you’ll need. For example, if you sold stock, you’ll need Turbo. Tax Premier or better, which only includes Turbo. Tax Home & Business. So, which Turbo. Tax do you need? What can all versions do? Do you only have Form-1099s?