Best turbo tax for a retired person with a pension - SS - 401K

[Anonymous]

Which turbo tax should I purchase for a retired person - with:

Pension income - SS income - 401 K Rollover and no taxes being taken out.

Retirement started Jan. 1 of this year

[SweetieJean · Accepted solution]

If you have itemized deductions, Deluxe should work fine.

[SteamTrain]

I would distinguish that some.

1)...if you attempt to use the Online software, and have an investments in Stocks/Bonds/Mutual funds that are outside of your retirement account, then you will likely have to use Online Premier

2) if you use the Desktop software instead, (which is highly recommended), then the Deluxe software will work fine for most purposes.

Remember that every tax year's software is different, so the 2015 software cannot be updated to do 2016 taxes.   and the 2016 software won't be issued until Nov/Dec of 2016...and even then requires a considerable number of updates thru the first couple months of 2017.

[SweetieJean]

I've been an online user for years; find that it works fine in most situations; and is less costly than desktop.

[SteamTrain]

yep...ongoing controversy, Desktop vs. Online.
...many of us love to be able to look at the forms in Forms Mode, at any time
....Others, like yourself, who understand how to get into the Online PDF file at any time, are able to use that to look at their forms that way instead.

[SweetieJean]

I am jaded because my first experience with desktop (a long time ago) was painful. I bought the CD at a reputable, nationwide office supply store. The disc turned out to be counterfeit, and crashed my computer.  (I also do pro bono tax work, and most of my clientele have fairly simple returns.)

[bdizzle783]

Please don't be jaded, I used this free version twice with about 20% more refund than I expected. This time I'm using the free one and the Deluxe one for a family member. Hope it works for you. If it doesn't work right, then compare it to the other ones since you know all the blanks to fill.