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Level 2
posted Jan 12, 2021 5:51:25 AM

I am using 2020 Turbo Tax Deluxe and cannot enter a sale of property that I sold ( 1099S) When will this product be updated to reflect the correct screens?

NOTE: The 2019 Turbo Tax Deluxe has that functionality

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4 Replies
Level 15
Jan 12, 2021 6:01:28 AM

The Deluxe online edition does NOT support entry of an investment sale.  You must upgrade to the Premier online edition.

The Schedule D and Form 8949 are not yet finalized for filing.  The estimated date they will be available is 01/14/2021 (subject to change)

Go to this website for IRS forms availability - https://care-cdn.prodsupportsite.a.intuit.com/forms-availability/turbotax_fed_online_individual.html

 

The TurboTax Deluxe desktop CD/Download edition does support investment sale entries.

Level 2
Jan 12, 2021 6:08:56 AM

why was it available in the Deluxe edition for 2019?

Level 15
Jan 12, 2021 6:11:31 AM

@edstep wrote:

why was it available in the Deluxe edition for 2019?

The Deluxe online edition for tax year 2019 also did Not support an investment sale entry.

The Deluxe desktop CD/Download edition for tax year 2019 did support an investment sale entry.

Level 2
Jan 12, 2021 6:26:16 AM

why did this functionality not be included in 2020 Deluxe?