Which Turbotax version do I need? No longer have a side business but still have some (negative) side income.
Which version of TurboTax do I need for a W-2 job, stock and mututal fund investments, and a side gig that has negative income?
Up until the pandemic, I used TurboTax Home and Business because I had three side gigs that generated positive income besides my W-2 job.
For tax year 2025 and going forward, I only have my W-2 job and the eBay re-sales. The re-sales are just selling items that I bought on eBay in the past in order to recoup some of those costs. Because the sale price is always less than the original purchase prices (including taxes, fees, and shipping), the net “profit” is a loss. For 2025, I sold 4 items on eBay that year, and the net loss was about $50. (-$50). I still have the investments, and those generated dividends with 1099 forms.
So, can I use TurboTax Premier instead TurboTax Home and Business?