Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
mraymond20
New Member

Can you use the turbo tax basic, the free version to file for capital loss on investments?

 
1 Best answer

Accepted Solutions
DeniseF1
New Member

Can you use the turbo tax basic, the free version to file for capital loss on investments?

Unfortunately, No, the Free Edition does not support reporting of investments.  If you have capital gains/losses reported on a brokerage statement, requiring a Schedule D, you need TurboTax Premier (Online) or any version of TurboTax CD/Download.

View solution in original post

2 Replies
DeniseF1
New Member

Can you use the turbo tax basic, the free version to file for capital loss on investments?

Unfortunately, No, the Free Edition does not support reporting of investments.  If you have capital gains/losses reported on a brokerage statement, requiring a Schedule D, you need TurboTax Premier (Online) or any version of TurboTax CD/Download.

View solution in original post

mraymond20
New Member

Can you use the turbo tax basic, the free version to file for capital loss on investments?

Where can I select direct deposit for my federal refund? @TurboTaxDeniseF1
Dynamic AdsDynamic Ads
Privacy Settings
v