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reneefrye
New Member

Can I do my own taxes for free even if I have to use a schedule e?

 
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1 Reply
CassandraLO
Expert Alumni

Can I do my own taxes for free even if I have to use a schedule e?

A Schedule E (Rental Income) form would require a higher version of TurboTax. You can start in the Free Edition or TurboTax Free File program and the program will prompt you to upgrade to the appropriate program to file your taxes. 

TurboTax Free Edition is an online-only product that supports simple tax returns that can be filed on Form 1040 without any attached schedules.  

Simple tax situations covered in TurboTax Free Edition:

  • W-2 income
  • Limited interest and dividend income reported on a 1099-INT or 1099-DIV
  • Claiming the standard deduction
  • Earned Income Tax Credit (EIC)
  • Child tax credits

Situations not covered in TurboTax Free Edition include:

  • Itemized deductions
  • Business or 1099-MISC income
  • Stock sales
  • Rental property income
  • Credits, deductions and income reported on schedules 1–6, such as the Student Loan Interest Deduction

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