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 .
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 version of TurboTax do I need to prepare a 1041?
You can upgrade from one personal product to another at any time, but the only version of Turbo. Tax that supports the preparation of a 1041 for an estate or trust is Turbo. Tax Business, which is different from Home & Business (see the link below).
One of the next things we wondered was, which version of TurboTax do I need for a K-1?
, the turbo Tax products that support K-1’s are: Turbo. Tax Online Premier and Self Employed. What’s the difference between Turbo. Tax Online and the Turbo, and tax cd /download?
How much does it cost to use TurboTax?
We’ve partnered with Turbo. Tax to offer up to $20 off all their online federal products. Free Edition is still free, Deluxe falls to just $30, Premier is only $55, and Self-Employed costs just $70.
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.
Why did I have to pay $70 for Turbo Tax premier online?
Because of one form (schedule D 1040) we were forced to purchase Turbo Tax Premier Online for $70. After completing and e-filing our taxes, we spoke with my sister-in-law.