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Level 2
January 28, 2024
Question

Does Basic desktop version automatically import stock data?

  • January 28, 2024
  • 2 replies
  • 2 views

I don't know if anyone has experience with the Basic desktop version not the Deluxe version. The difference of Deluxe and Basic, according to the website, is Basic doesn't have itemized deduction. But is that the only difference? Can Basic also import stock data from financial institution like Deluxe does? I know Deluxe desktop does, but I never use Basic desktop before. Anyone knowing about Basic version please shares some knowledge. Thank you.

    2 replies

    VolvoGirl
    Level 15
    January 28, 2024

    I believe Basic has everything the higher versions have including Schedule A for itemized deductions.  But Basic doesn't come with a free state program.  But you can buy state extra.  

    Level 15
    January 28, 2024

    Yes, you can import investment information into TurboTax Desktop Basic. The features list includes:

     

    "Save time by importing financial data including W‑2s, investment and mortgage information"

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