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Which Version of TurboTax?
In previous years, we used the Home and Business Version of TurboTax because we had a home-based business. However, we no longer have the home business now. We do have:
- pension income
- social security
- taxable interest and dividends from mutual funds, one of which is an International Index Fund. This particular fund typically declares an amount of Foreign Taxes Paid. We want to be able to get at least partial credit for this (Form 1116, etc.)
- Health Savings Account
- Traditional IRAs, one of which is subject to a Required Minimum Distribution
We have no capital gains (or losses) to declare from the sale of stocks, bonds, real property, etc. For the past several years, we have taken the Standard Deduction and have not itemized deductions. I expect this will continue to be the case for tax year 2019. I do my taxes online with a desktop computer with Windows.
What version of TurboTax will we be required too use? Thanks, in advance.
‎January 17, 2020
10:36 AM