☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 4, 2019 10:30:57 PM

After downloading my information from Charles Schwab, Turbo Tax suggested I use the Premier option for your service. Why would this be advantageous for me?

0 1 423
1 Best answer
Level 15
Jun 4, 2019 10:30:58 PM

Depends on what you imported.

1) A 1099-INT doesn't require Premier

2) A 1099-DIV will "require" Premier...IF it contains any $$ in boxes 2a,b,c,or d.

3) A 1099B/8949 will "require" Premier for any stock/bond/mutual fund sales during the year.

At the points on #2 and #3 where I said "require" above...it is not an option for you, you must use Premier if you use the Online software.  Desktop software will do all of that OK with Desktop Deluxe...it's just Online Deluxe that can't.

1 Replies
Level 15
Jun 4, 2019 10:30:58 PM

Depends on what you imported.

1) A 1099-INT doesn't require Premier

2) A 1099-DIV will "require" Premier...IF it contains any $$ in boxes 2a,b,c,or d.

3) A 1099B/8949 will "require" Premier for any stock/bond/mutual fund sales during the year.

At the points on #2 and #3 where I said "require" above...it is not an option for you, you must use Premier if you use the Online software.  Desktop software will do all of that OK with Desktop Deluxe...it's just Online Deluxe that can't.