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Level 2
posted Jun 1, 2019 12:59:22 PM

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
New Member
Jun 1, 2019 12:59:24 PM

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

Level 2
Jun 1, 2019 12:59:25 PM

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/cd-download/</a>  I 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.