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Does the 2020 deluxe version cover schedule d?

Did TurboTax delete Schedule D from the Deluxe version again?
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1 Best answer

Accepted Solutions
HelenC12
Expert Alumni

Does the 2020 deluxe version cover schedule d?

The TurboTax CD\Download Deluxe version has Schedule D, Capital Gains and Losses.

 

The TurboTax Online Deluxe version doesn't include Schedule D. To enter investments, you'll need the TurboTax Online Premier or self-employed version.

 

Your total capital gains for the year minus your total capital losses result in a net gain or a net loss.

  • You can deduct a net loss of up to $3,000 ($1,500 if married filing separately). Any capital loss you couldn't deduct this year can be carried forward and deducted on future tax returns as a capital loss carryover.
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1 Reply
HelenC12
Expert Alumni

Does the 2020 deluxe version cover schedule d?

The TurboTax CD\Download Deluxe version has Schedule D, Capital Gains and Losses.

 

The TurboTax Online Deluxe version doesn't include Schedule D. To enter investments, you'll need the TurboTax Online Premier or self-employed version.

 

Your total capital gains for the year minus your total capital losses result in a net gain or a net loss.

  • You can deduct a net loss of up to $3,000 ($1,500 if married filing separately). Any capital loss you couldn't deduct this year can be carried forward and deducted on future tax returns as a capital loss carryover.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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