Get your taxes done using TurboTax
TurboTax requires the upgrade because you qualify for the Retirement Savings and Contribution (Saver's) Credit. You can qualify for the credit if you made contributions to a retirement plan, including an HSA account. You probably have contributions to a 401K or HSA on your W-2. Having the HSA account does not require an upgrade, but the credit does.
You qualify for the Saver's credit if you’re:
- 18 or older
- Not a full-time student
- Not claimed as a dependent on someone else’s return
Depending on what your tax situation was last year, you might need to use new tax forms to claim the same deductions, credits, or forms of income. Some of the situations that are now in TurboTax Deluxe include:
- Unemployment income
- Retirement Savings Contribution Credit for 401(k) and IRA contributions and HSA contributions too.
- Education credits
Get more information on which forms are included in TurboTax Free Edition. @whimpyreader
You can delete Form 8880 from your return, but if you qualify for the credit, it will re-generate.
How to delete forms in TurboTax Online
How to delete forms in TurboTax Desktop
How to downgrade to a different TurboTax Online product.
