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moham
New Member

Capital Gains/Turbo Tax Free

I am a college student who only made $6k.  I have a small amount of capital gain from a mutual fund distribution ($150) - I do not need to file a Schedule D as there are no capital losses or carryovers  Last year I was able to file using Turbo Tax Free even with the same situation.  This year it is telling me that I need to upgrade to a paid version.  Anyone know why the change or is there a way around this?

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5 Replies
HeatherPLO
Intuit Alumni

Capital Gains/Turbo Tax Free

If we detect that your tax situation requires expanded coverage, we'll prompt you to upgrade to a version that supports the forms you need so we can maximize your tax deductions and ensure you file an accurate return.  For more details on this, please see the Help Article here.

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moham
New Member

Capital Gains/Turbo Tax Free

I have triple checked and there is no other form required.  The return is basically identical to last year - no threshold reached, no other forms required.  For whatever reason this year it is prompting me and restricting me and last year it did not.  Again makes no sense.  If the IRS rules say no Schedule D required or any other form, why would Turbo Tax try and make me upgrade?

moham
New Member

Capital Gains/Turbo Tax Free

And again for what it is worth, I am a college student with summer employment only expecting an $89 refund. To upgrade to the next level would eat up a significant portion of my already small refund.  This is really making me question Turbo Tax. It is nickel and diming, and I am not sure someday when I graduate and have a real job I would want to use it.  On line 7 I can check the box. Why would I upgrade to the next level when NONE of those features are needed to file my return this year?  

MoniqueLO_
Intuit Alumni

Capital Gains/Turbo Tax Free

Please feel free to contact Customer Support so you can speak with someone who can assist you. 

@moham 
 

moham
New Member

Capital Gains/Turbo Tax Free

Seriously?  because apparently I have to pay $$ to get someone to help me and answer this question?

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