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tpk627491778
New Member

Is turbotax deluxe able to hand retirees withdrawals from 401k or is turbotax premier required?

 
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MargaretL
Employee Tax Expert

Is turbotax deluxe able to hand retirees withdrawals from 401k or is turbotax premier required?

Deluxe version will handle retirement income. Premier version is more for investment income.  Please start with the Deluxe version. If for some reason you need Premier because of your other income that you may have, you can always upgrade later. 

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MargaretL
Employee Tax Expert

Is turbotax deluxe able to hand retirees withdrawals from 401k or is turbotax premier required?

Deluxe version will handle retirement income. Premier version is more for investment income.  Please start with the Deluxe version. If for some reason you need Premier because of your other income that you may have, you can always upgrade later. 

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