How do I change from the Premium package with Turbo Tax to free package?

Forum|Forum|7 years ago
June 3, 2019
2 replies
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TurboTax Premier Online

KatrinaLO

Level 14

You can downgrade using the Clear and Start Over feature but bear in mind that the different TurboTax "flavors" handle different tax situations and their associated forms. 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, Self-Employed, and TurboTax Live

· Capital Gains or Losses (Schedule D) - Premier, Self-Employed, and TurboTax Live

· Rental Income (Schedule E) - Premier, Self-Employed, and TurboTax Live

· Profit or Loss from Business (Schedules C-EZ and C) - Self-Employed and TurboTax Live

Keep in mind that TurboTax Free Edition is intended for taxpayers with simple returns (1040EZ or 1040A with the standard deduction), e.g. first-time filers and students.

Please see the below information for downgrading to a different TurboTax Product:

https://ttlc.intuit.com/replies/3288495

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AkinaLO

Level 15

Unfortunately, in order to downgrade from Premium, you will need to clear and start over. Follow these steps. This page will give you a little more information on switching to a lower version.

https://ttlc.intuit.com/replies/3288495

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"