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Level 4
February 22, 2022
Question

Turbotax Premier Online to amend a 2020 schedule D with 1400 transactions.

  • February 22, 2022
  • 3 replies
  • 23 views

If I purchase the online premier version, will it allow me to amend my 2020 schedule D with 1400 transactions?

 

And does of premier cover the amendment and my 2021 tax  return as well?

 

Thanks!

    3 replies

    Kat11_2
    Alumni - Champ
    Alumni - Champ
    February 23, 2022

    The Online product is only for current year...2021.  Each year's software is specific to that year.  So if you need to file for 2021, you'll need to prepare your 2021 return using TurboTax Online.

     

    To amend your 2020 return, you'll need to follow the instruction in the TurboTax FAQ I'm linking below.  Please note that you must print and mail an amended return.  Be sure to use Certified mail so that you can know that your return has been received by the IRS.

     

    How do I amend my 2020 return? 

    *** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***
    daled1Author
    Level 4
    February 25, 2022

    Thanks that was helpful!

    Kat11_2
    Alumni - Champ
    Alumni - Champ
    February 26, 2022

    You're quite welcome!

    *** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***