EBay seller collecting Social Security & Retirement - What version of TurboTax should I use?

[CaribFrank]

I am an EBay seller and both my wife and I are collecting Social Security & Retirement income - What version of TurboTax should I use?

[rjs · Accepted solution]

If you use TurboTax Online you have to use the Self-Employed edition to report your eBay business. If you use the CD/Download TurboTax software you can use any edition, but Home & Business will give you a more detailed interview, and more guidance and help, for your eBay business. Any version of TurboTax will handle Social Security and retirement income.

[CaribFrank]

Thank you

[LeonardS]

If your eBay business has income to report and expenses to deduct, you may use  TurboTax Self-Employed to file a Schedule C or C-EZ.

If you only have income and no business expenses to deduct, you may use TurboTax Deluxe or  TurboTax Premier to file a Schedule C or C-EZ.

Please review our help article, Which TurboTax Online version do I need for a Schedule C?, which will help you pick the correct version of TurboTax that you will need for your eBay business. 

Any of the TurboTax programs mentioned in the Help Article above will also allow you to report your social security and retirement incomes.

[Edited 01/14/2020 | 4:54 PM PST ]