If you have just interest and dividends (Schedule B) you can use any version of Turbo, and tax. However, if you have capital gains /losses reported on a brokerage statement, requiring a Schedule D, you need Turbo. Tax Premier (Online) or any version of Turbo, and tax cd/download.
Generally, if you have stock trades that are reported on form 1099-B and you’re using Turbo. Tax Online, you’ll need to use the Premier or higher version. , see turbo Tax Premier and Turbo. Tax Live Premier If you want to use the Turbo. Tax CDDownload version, you may use Basic, Deluxe, Premier or Home & Business.
, 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?
Do I need TurboTax free or deluxe edition?
If you only have a W-2 from work and various Form 1099s, you may only need the Turbo. Tax Free Edition. Do you own a home?, and make donations? If you want to itemize your deductions on a Schedule A, you’ll need to get the Deluxe edition.
This free version of Turbo. Tax is a great option for taxpayers whose income is largely from W-2s and savings in the bank. The tax software includes a free filing of your simple federal and state tax returns.
The deluxe version is only about support. Their free version includes much of what is included in Turbo. Tax Premier (investments, rental income) and Home & Business (1099 income and expenses). You can see our full review of Free, tax USA for more.
Where can I buy TurboTax self-employment software?
Amazon has Turbo. Tax self-employment software on sale right now under the name Turbo. Tax Home and Business. Note that Turbo. Tax Home and Business is the same as Turbo, and tax self-employed., turbo Tax Home and Business is the name of the desktop CD and downloadable version., turbo Tax Self-Employed is the name of the online version.
How much does it cost to file taxes with Turbo Tax?
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.