topic Turbotax Desktop basic? in Get your taxes done using TurboTax

Turbotax Desktop basic?

juiceman1 — Thu, 23 Jan 2025 22:31:00 GMT

Will I be okay with the Basic Desktop Version?

Standard Deduction
Import 1099s for interest, dividends and capital gain distributions
Investments will have some percentage of Federal gov't div/int and Foreign tax credit
ACA 1095-A and HSA contribution

Re: Turbotax Desktop basic?

xmasbaby0 — Thu, 23 Jan 2025 22:45:57 GMT

Desktop Basic can handle all of those ----what Basic cannot do--unless you pay an extra $40--is provide a program to prepare a state return.

Re: Turbotax Desktop basic?

juiceman1 — Thu, 23 Jan 2025 22:48:05 GMT

Got it. I wasn't aware of that either. thanks

Re: Turbotax Desktop basic?

xmasbaby0 — Thu, 23 Jan 2025 22:50:31 GMT

@juiceman1 If you will need to prepare a state return, get Deluxe that includes the state program--it will be cheaper than adding a state program to Basic.

Re: Turbotax Desktop basic?

juiceman1 — Thu, 23 Jan 2025 22:57:57 GMT

Yeah. i think thats why I have always used deluxe. 1 year memory loss I guess. Thanks again.