Get your taxes done using TurboTax

Since the place was not rented until 2017 you will not reported it on the 2016 return. 


The 2016 Desktop software (CD/Download) can be purchased from TurboTax at the following link :

https://turbotax.intuit.com/personal-taxes/cd-download/

For 2016, all the downloaded programs will handle all tax forms.

Basic doesn’t include a state program (it is an extra cost) however the Deluxe version or better does include one state program.

You can efile up to 5 federal returns for free however there is an extra cost to efile each state return (mailing them is free).

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The 2016 Online version can be purchased here:

https://turbotax.intuit.com/personal-taxes/online/

Make sure to purchase the correct program since the Online program has limitations. Here is a short list of some common tax situations and the online products that now uniquely support them:

·         Itemized Deductions (Schedule A/1040)- Deluxe, Premier, and Home & Business (now called Self Employed)

·         Capital Gains or Losses (Schedule D) - Premier and Home & Business (now called Self Employed)

·         Rental Income (Schedule E) - Premier and Home & Business  (now called Self Employed)

·         Net Profit from Business (Schedule C-EZ) with NO Expenses to declare - Deluxe, Premier, and Home & Business  (now called Self Employed)

·         Profit or Loss from Business (Schedule C) - Home & Business  (now called Self Employed)

The online program only completes one return per user ID and the state program is an added cost however you can efile the federal and state returns for free.