turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

If I liquidated my SEP-IRA account, and have student loans in deferment (no pmts this tax year). I rent an apartment, and work full time. Which TT product is best for me?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
MichaelMc
New Member

If I liquidated my SEP-IRA account, and have student loans in deferment (no pmts this tax year). I rent an apartment, and work full time. Which TT product is best for me?

From the circumstances you have described, you should be able to file with our TurboTax Basic Online product or, at most, TurboTax Deluxe Online or CD/download.

The most complex part of your return will be dealing with the liquidation of the SEP-IRA, and that only involves entering the information from a Form 1099-R and answering some questions about what you did with the disbursed funds.

Begin with our free filing method online, and you will be guided to upgrade, but do not accept a suggestion to upgrade beyond Deluxe. Or if you prefer desktop products, purchase Deluxe and work with it. If you have any questions as you work through it, you can always turn back to this community for advice.

Attached is a link to a product comparison chart:

TurboTax Online Products


message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies