rjs
Level 15
Level 15

Retirement tax questions


@Hal_Al wrote:

I think the investment income prevents him from using the free edition of TT. 


If the 1099-DIV in the question is the son's only income, he should be able to use TurboTax Free Edition. The income is only dividends and capital gain distributions on the 1099-DIV. There are no capital gains that require Form 8949 or Schedule D. Everything will be reported directly on Form 1040.