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: 
grammadoss
New Member

Change back to a personal tax from business

 
4 Replies
CiaraM
New Member

Change back to a personal tax from business

You're wanting to change from Business to Self Employed ?
grammadoss
New Member

Change back to a personal tax from business

No, I want to change back from Self Employed to Personal
CiaraM
New Member

Change back to a personal tax from business

There's the federal free version but no personal...
Martha1
New Member

Change back to a personal tax from business

To change , or downgrade to free version do the following. You can downgrade using the Clear and Start Over feature but bear in mind that the different TurboTax versions handle different tax situations and their associated forms.

For example, if you want to downgrade from Deluxe to Federal Free Edition and you're itemizing (Schedule A), you can clear and start over with the free edition, but once you enter your itemized deductions in the free edition, you'll be asked to upgrade to Deluxe.

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) - Premier and Self-Employed

·        Profit or Loss from Business (Schedules C-EZ and C) - Self-Employed

If you are looking at TurboTax Federal Free Edition, keep in mind that this version is intended for taxpayers with very simple returns (Form 1040EZ filers with the standard deduction), for example first-time filers and students.

Related Information:

·        TurboTax Online Product Guide

·        How do I clear and start over?

·        How do I upgrade or switch to a higher version of TurboTax Online?
Dynamic AdsDynamic Ads
Privacy Settings
v