stevson1
New Member

Which turbotax version for investment income?

Do I need to use Premier to report investment income?

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1099-INT? 1099-DIV? 1099-B?
IreneS
Expert Alumni

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If you have just interest and dividends (Schedule B) you can use any version of TurboTax.  However, if you have capital gains/losses reported on a brokerage statement, requiring a Schedule D, you need TurboTax Premier (Online) or any version of TurboTax CD/Download.

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We always purchase the download, so we can get by with Deluxe download if we still need a Schedule D? I don't have to purchase Premier?
Zagazig44
Returning Member

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What version of TT (CD or Download) included Schedule D. (Stocks & carry over losses)

Zagazig44
Returning Member

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To my knowledge TT Premier version is required (CD or Download) to get Schedule D. Schedule D is required to report stocks, capital gain or carry over capital loss. 

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@Zagazig44 EVERY  version of the desktop download software has all of the forms and all of the schedules, so you can prepare a Schedule D if you use ANY version of the download software.  You just can get more help if you have Premier.       If you use online TurboTax, you need Premium.

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What version of TurboTax do I need to import my investment data?

 

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@gprichardson wrote:

What version of TurboTax do I need to import my investment data?

 


If you are using the TurboTax online web-based editions you will need the Premium online edition.

 

If you are using the TurboTax desktop editions installed on a personal computer, any of the editions can be used.