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Anonymous
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Hello, I see that I fit most of the turbotax free catagory. But we do own a house but not renting out or anything. Is there a need to move to deluxe or will I be fine?

Hello, I see that I fit most of the turbotax free catagory. But we do own a house but not renting out or anything. Is there a need to move to deluxe or will I be fine?


Will I get more deductible from the deluxe?

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Hello, I see that I fit most of the turbotax free catagory. But we do own a house but not renting out or anything. Is there a need to move to deluxe or will I be fine?

If you are married and filing as Married Filing Jointly then your Standard Deduction is $24,000, if under age 65.  Unless you have more than $24,000 in itemized deductions there is no point in reporting those deductions using the Deluxe edition.  Continue using the Free edition.

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2 Replies

Hello, I see that I fit most of the turbotax free catagory. But we do own a house but not renting out or anything. Is there a need to move to deluxe or will I be fine?

If you are married and filing as Married Filing Jointly then your Standard Deduction is $24,000, if under age 65.  Unless you have more than $24,000 in itemized deductions there is no point in reporting those deductions using the Deluxe edition.  Continue using the Free edition.

Anonymous
Not applicable

Hello, I see that I fit most of the turbotax free catagory. But we do own a house but not renting out or anything. Is there a need to move to deluxe or will I be fine?

Thank you very much! Nah I doubt I'll deduct up to that high, that is very helpful.

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