Does turbotax standard "desktop" version for 2024 tax year support reporting of rental property income & expenses. Previous versions did but i never used it before!

Reason i'm asking is that on turbotax website it says that for rental property premier version is required.

8917

Level 15

Jan 3, 2025 8:13:51 AM

EVERY version of desktop software has all the forms and all the schedules; you just get more help with the higher versions, so you can use Deluxe and upgrade if you find that you need extra help. If you use ONLINE software you will need Premium for rental income.

Level 15

Jan 3, 2025 8:16:18 AM

The desktop Standard edition is a Canadian product.

This is the TurboTax US user community website.
Go to this TurboTax Canada website for assistance with a Canadian tax return or the TurboTax Canada editions - https://turbotax.community.intuit.ca/turbotax-support/en-ca

Level 15

Jan 3, 2025 8:18:33 AM

@DoninGA Good catch! I glossed right past the word "standard" up there!

Returning Member

Jan 3, 2025 8:25:42 AM

Thanks for your answers nevertheless! I'll re-post the question in the community forum for Canada.

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Does turbotax standard "desktop" version for 2024 tax year support reporting of rental property income & expenses. Previous versions did but i never used it before!