- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Received my first-ever Form 1065 (partnerships); now TurboTax Premier says I'm using the wrong product
I am using TurboTax Premier. I was almost ready to file my taxes for 2022 when I received a Form 1065 (Partnerships) today from one of the energy companies I began investing in last year. This caught me by surprise because none of my other stocks have sent me this form before. I own a very small amount of stock in the company, and the form shows a loss of $2.
When I went to enter this form into TurboTax, it told me that I must use TurboTax Business to file this form. I have already purchased TurboTax Premier. It seems excessive for me to buy a whole extra product for over $100 just to report a loss of $2 on one stock. (I wouldn't even get any money from that purchase back as deduction because I'm too far away from exceeding the standard deduction.) I am also concerned that I have made so much progress on my taxes and I might have to redo everything if I switch from one TurboTax product to another.
What's the best way for me to proceed and get my taxes done?