You can file with TurboTax Free Edition if you have what is considered to be a simple tax return. A simple tax return is Form 1040 only, without schedules 1,2, or 3. Simple tax situations covered in TurboTax Free Edition include: W-2 income Limited interest and dividend income reported on a 1099-INT or 1099-DIV Claiming the standard deduction Earned Income Tax Credit (EIC) Child tax creditsSituations not covered in TurboTax Free Edition include: Itemized deductions Business or 1099-MISC income Stock sales Rental property income Credits, deductions and income reported on schedules 1-6, such as the Student Loan Interest Deduction**If you have any specific questions regarding limitations feel free to ask.

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Wani

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Forum|Forum|5 years ago
April 8, 2021
1 reply
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TurboTax Free Edition Online

Best answer by EbonyA

You can file with TurboTax Free Edition if you have what is considered to be a simple tax return. A simple tax return is Form 1040 only, without schedules 1,2, or 3. Simple tax situations covered in TurboTax Free Edition include:

W-2 income
Limited interest and dividend income reported on a 1099-INT or 1099-DIV
Claiming the standard deduction
Earned Income Tax Credit (EIC)
Child tax credits

Situations not covered in TurboTax Free Edition include:

Itemized deductions
Business or 1099-MISC income
Stock sales
Rental property income
Credits, deductions and income reported on schedules 1-6, such as the Student Loan
Interest Deduction

**If you have any specific questions regarding limitations feel free to ask.

EbonyAAnswer

Level 13

W-2 income
Limited interest and dividend income reported on a 1099-INT or 1099-DIV
Claiming the standard deduction
Earned Income Tax Credit (EIC)
Child tax credits

Situations not covered in TurboTax Free Edition include:

Itemized deductions
Business or 1099-MISC income
Stock sales
Rental property income
Credits, deductions and income reported on schedules 1-6, such as the Student Loan
Interest Deduction

**If you have any specific questions regarding limitations feel free to ask.

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