I have a capital loss to carry forward, a RMD to report, Traditional/Roth IRA's to track, and Social Security earnings to report. Do I need to use the deluxe or premier?

dave4720 · ‎May 31, 2019

TomYoung · ‎May 31, 2019

In the online world of TurboTax the major distinction between Deluxe and Premier is that Premier can properly report the sale of securities (1099-B) while Deluxe cannot. If you didn't sell any securities out of an after-tax account then Deluxe should work for your situation. If, for whatever reason, you later decide you want/need to upgrade to Premier you can do that "on the fly", paying the price differential between the two products.

Tom Young

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TomYoung · ‎May 31, 2019

In the online world of TurboTax the major distinction between Deluxe and Premier is that Premier can properly report the sale of securities (1099-B) while Deluxe cannot. If you didn't sell any securities out of an after-tax account then Deluxe should work for your situation. If, for whatever reason, you later decide you want/need to upgrade to Premier you can do that "on the fly", paying the price differential between the two products.

Tom Young

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I have a capital loss to carry forward, a RMD to report, Traditional/Roth IRA's to track, and Social Security earnings to report. Do I need to use the deluxe or premier?