, the turbo Tax Deluxe product does support Schedule C and Form 4562, Depreciation and Amortization. To see a complete list of the supported tax forms in Deluxe, please click on the link provided below: June 1, 2019 4:07 AM.
, turbo Tax deluxe will only handle Schedule C without expenses. If you are using the online version of Turbo. Tax, Self-Employed would enable you to enter self-employment income and expenses and maximize deductions geared toward self-employment. If you qualify, you may also be able to use the online Freedom edition of Turbo. Tax that includes Schedule C.
My favorite answer was We’ll automatically complete Schedule C for you when you add your self-employment income in Turbo. Tax (usually Form 1099-NEC or 1099-MISC). It gets attached to your Form 1040, which we’ll also handle for you.
Another thing we asked ourselves was; what version of TurboTax do I use to file a Schedule C?
If you don’t have business expenses to write off and need to file a Schedule C, you can use Turbo. Tax Deluxe, Turbo. Tax Live Deluxe, Turbo. Tax Premier, or Turbo. Tax Live Premier. Was this helpful?
Does Turbo Tax Deluxe include Schedule D and E?
So, yes the Deluxe desktop edition supports entry of investment sales on a Schedule D and a Form 8949. With the result automatically entered on your personal tax return, Form 1040. The Deluxe edition also supports entry of 1099’s, to include 1099-DIV and 1099-R. January 15, 2020 1:11 PM Does turbo tax deluxe include schedule D and E?
Do I need TurboTax self employed or TurboTax Deluxe?
If you are using the online version of Turbo. Tax, then you will need Turbo. Tax Self Employed if you have business expenses. , turbo Tax deluxe will only handle Schedule C without expenses.