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damercury
Returning Member

Which turbotax do i need for loss of sale of property

Which Turbo Tax do I have to use for filing for loss on sale of property?

4 Replies
Critter
Level 15

Which turbotax do i need for loss of sale of property

What kind of property are you talking about ?  Personal residence? Rental ?
54backhome
New Member

Which turbotax do i need for loss of sale of property

residenial Lot
Critter
Level 15

Which turbotax do i need for loss of sale of property

The answer below is still good for the 2018 program ... so any of the downloaded versions will work or you will need the Premier or SE version of the Online program.
Critter
Level 15

Which turbotax do i need for loss of sale of property

 

The 2017 Desktop software (CD/Download) can be purchased from TurboTax at the following link :

https://turbotax.intuit.com/personal-taxes/cd-download/

For 2017, all the downloaded programs will handle all tax forms.

Basic doesn’t include a state program (it is an extra cost) however the Deluxe version or better does include one state program.

You can complete an unlimited number of returns however you can only efile up to 5 federal returns for free and there is an extra cost to efile each state return (but mailing them is free).

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The 2017 Online version can be purchased here:

https://turbotax.intuit.com/personal-taxes/online/

Make sure to purchase the correct program since the Online program has limitations. Here is a short list of some common tax situations and the online products that now uniquely support them:

·         Itemized Deductions (Schedule A/1040)- Deluxe, Premier, and Self-Employed

·         Capital Gains or Losses (Schedule D) - Premier and Self-Employed

·         Rental Income (Schedule E) and all K-1s - Premier and Self-Employed

·         Net Profit from Business (Schedule C-EZ) - Deluxe, Premier, and  Self-Employed

·         Profit or Loss from Business (Schedule C) - Self-Employed

The online program only completes one return per user ID and the state program is an added cost however you can efile the federal and state returns for free.


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