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fredcasey
New Member

I inherited royalties on gas wells and received a 1099 Misc for $175. All my other issues are very basic. Can I still use the free edition? Will it have the forms?

 
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PaulaM
Employee Tax Expert

I inherited royalties on gas wells and received a 1099 Misc for $175. All my other issues are very basic. Can I still use the free edition? Will it have the forms?

Oil & Gas Royalties are entered on a schedule E. Schedule E is supported by TurboTax Premier online version. 

Any of the desktop products will support a schedule E. You might also see if you qualify for TurboTax Freedom edition (different from the Free edition). 

Online and desktop products:

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

https://turbotax.intuit.com/personal-taxes/cd-download/

Freedom product:

https://turbotax.intuit.com/taxfreedom/

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
PaulaM
Employee Tax Expert

I inherited royalties on gas wells and received a 1099 Misc for $175. All my other issues are very basic. Can I still use the free edition? Will it have the forms?

Oil & Gas Royalties are entered on a schedule E. Schedule E is supported by TurboTax Premier online version. 

Any of the desktop products will support a schedule E. You might also see if you qualify for TurboTax Freedom edition (different from the Free edition). 

Online and desktop products:

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

https://turbotax.intuit.com/personal-taxes/cd-download/

Freedom product:

https://turbotax.intuit.com/taxfreedom/

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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