TT version for Oil and Gas Royalties

[roncadenhead]

We are retired and we receive Social Security and Oil and Gas Royalties.

I don't want to pay for a higher version of Turbo Tax than I need to properly report my O&G Royalties and save the most on our taxes.

What version of Turbo Tax do I need to purchase in order to properly report my O&G Royalties?

[Critter-3 · Accepted solution]

 

Premier  if you use online TurboTax  or you can use  any version of desktop software that you download/install from a CD...  Basic if you don't need a state return and Deluxe or better if you do.  

Now if you wait until the IRS FREE FILE opens in mid to late January and your income is below the max allowed ( last year it was $72K ) then you can file for free ...    https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free

[roncadenhead]

Thanks so much for the version information and the tip for January!