Yes, you can downgrade your tax product in TurboTax.
Open your and start the tax return
- On the left sidebar, at the bottom
- Select Switch Products
- A drop down will provide Options
- Upgrade
- Downgrade
- Clear and start over
Select your option.
But their are limitations to the free edition
Situations covered (assuming no added tax complexity):
- W-2 income
- Interest or dividends (1099-INT/1099-DIV) that don’t require filing a Schedule B
- IRS standard deduction
- Earned Income Tax Credit (EITC)
- Child Tax Credit (CTC)
- Student loan interest deduction
Situations not covered:
- Itemized deductions claimed on Schedule A
- Unemployment income reported on a 1099-G
- Business or 1099-NEC income
- Stock sales (including crypto investments)
- Rental property income
- Credits, deductions and income reported on other forms or schedules
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