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whzou0302
New Member

I only have 1099INT. Can I use Turbo Tax free edition?

As soon as I manually entered the totals of my Box1 Interest Income on my 1099-INT, Turbo Tax upgraded me to Deluxe from the Free Edition. I cannot seem to go back. Please help.
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1 Reply
DawnC
Expert Alumni

I only have 1099INT. Can I use Turbo Tax free edition?

Your tax return probably requires Schedule B, which is not available in the Free Edition.  Use Schedule B (Form 1040) if any of the following applies:

 

  • You had over $1,500 of taxable interest or ordinary dividends.
  • You received interest from a seller-financed mortgage and the buyer used the property as a personal residence.
  • You have accrued interest from a bond.
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