Do I need to upgrade if I sold some CD,s?

rlgragg · ‎February 1, 2024

JulieS · ‎February 1, 2024

No, if your income from your Certificates of Deposit (CDs) are reported on 1099-INT, that is included in all versions of TurboTax.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

SteamTrain · ‎February 1, 2024

@rlgragg

I would indicate an exception to that....if they were brokerage CDs, bought thru a brokerage account, then they may be part of the 1099-B/8949 transactions that the brokerage issues. Then they would need to be reported if they show up on your Brokerage's 1099-B/8949...and the Online software's "Premium" version would need to be used.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

Expert does your taxes

Do it yourself

Resources

Support

Do I need to upgrade if I sold some CD,s?