Yes... Basic can do everything the other downloaded/CD versions can do except a state return ... the state programming is an extra fee ... so if you need a state return use the Deluxe version instead and save a couple of bucks.
The following FAQ
tells you how to import 1099 information from a financial institution.
You can securely
import your 1099-B, 1099-DIV, 1099-INT, 1099-OID, or 1099-R into TurboTax,
provided your broker or financial institution participates in our TurboTax Partner
program.
When you get to the
place in TurboTax where we ask if you received that form, answer Yes and we'll give you the option to
import.
You can also jump
straight to that section by searching for the 1099 form number in TurboTax and
then clicking the Jump to link in the search results.
Tip: When selecting your financial institution or brokerage from the
list, be sure to select the right one. For example, several participating
partners' names start with First National Bank and if you select the
"wrong" First National Bank, you won't be able to import.
Related
Information:
GEN86142
Answered by TurboTax FAQ to this
question
