Dear Turbo Tax Community:
For the past 15 years I’ve used Turbo Tax Premiere because I had a rental property and this product designed for rental property tax accounting. However, in 2020 I sold the rental property (early 2020) and closed out all 2020 taxes due to IRS, etc. in tax year 2020.
So, for this tax year 2021, do I need to still use Turbo Tax Premiere or can I use Turbo Tax Deluxe or another version? Not self employed, no kids or any major write offs - still working, take the standardized tax deduction (not itemized), no longer own rental property or a home. Married, but that's about it.
Will my 2020 Turbo Tax Premiere tax file transfer to 2021 Turbo Tax Deluxe software (so I don’t have to reenter all my data points by hand)?
Or do I have to use Turbo Tax Premiere for one more year in 2021 to then delete the rental property from record so there’s an accurate capture of this?
Not sure which one to buy this year to make my 2021 tax season go without any hiccups/issues/problems without me having to reenter all my information by hand.
Thank you.
