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Does Turbo Tax Deluxe support entries of Futures transactions? I know that the Deluxe version supports stock transactions, but I wasn't sure about Futures.

 
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2 Replies
grin4log
New Member

Does Turbo Tax Deluxe support entries of Futures transactions? I know that the Deluxe version supports stock transactions, but I wasn't sure about Futures.

TurboTax Premier is the version you'll need as Futures are reported on Form 6781.  See this reference for the list of Forms and which TurboTax product supports them.

https://turbotax.intuit.com/personal-taxes/online/premier.jsp

Does Turbo Tax Deluxe support entries of Futures transactions? I know that the Deluxe version supports stock transactions, but I wasn't sure about Futures.

The link you sent is for the Turbo Tax Online products. However, I am looking at the link for the CD/download product and I notice that all three forms -Schedule D, Form 8949, Form 6781- required for entering stocks,options, and futures transactions are included with Basic, Deluxe, and Premiere. Here is the link: <a rel="nofollow" target="_blank" href="https://turbotax.intuit.com/personal-taxes/cd-download/">https://turbotax.intuit.com/personal-taxes/... clicked on the "View Forms" link under each product to see what forms were supported for that product. Does this mean that I can just buy the Basic downloadable or CD version instead of Premier or even Deluxe, if I just had to report stocks,options, and futures transactions? Please clarify so I can understand what I really need to purchase here for my reporting needs for next year. I purchased Premiere this year just assuming that I needed it for the Futures transactions.
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