If I do a like kind exchange of rental property according to IRS rules, can I still file with Deluxe (user for many years) or do I need to go with Premier?

grjasmer · ‎June 6, 2019

Would prefer to continue to use Deluxe.

IsabellaG · ‎June 6, 2019

Yes, you can continue to use the TurboTax Deluxe Desktop Version. The Desktop versions handle all forms. However, the Premier version will give you more in depth guidance in preparing both your rental income and expenses and the like kind exchange.

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

View solution in original post

IsabellaG · ‎June 6, 2019

Yes, you can continue to use the TurboTax Deluxe Desktop Version. The Desktop versions handle all forms. However, the Premier version will give you more in depth guidance in preparing both your rental income and expenses and the like kind exchange.

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

If I do a like kind exchange of rental property according to IRS rules, can I still file with Deluxe (user for many years) or do I need to go with Premier?