Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Still need to file? Our experts can get your taxes done right. Get started >
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
w-craven
New Member

I had a stock and it was bought out by another company, I received a payout. Can I use the Deluxe version?

I had stock in a company and it was bought out by another company.  They paid stockholders a $ amount for each share.  I did not reinvest the money, just put it in the bank.  Can I use Deluxe?

1 Best answer

Accepted Solutions
TomYoung
Level 13

I had a stock and it was bought out by another company, I received a payout. Can I use the Deluxe version?

Not in the online version, no.  You have a stock sale there and online "Deluxe" doesn't handle stock sales.  You need to move up to Premier, or buy the desktop version of Deluxe, which does handle security sales.

Tom Young

View solution in original post

1 Reply
TomYoung
Level 13

I had a stock and it was bought out by another company, I received a payout. Can I use the Deluxe version?

Not in the online version, no.  You have a stock sale there and online "Deluxe" doesn't handle stock sales.  You need to move up to Premier, or buy the desktop version of Deluxe, which does handle security sales.

Tom Young

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v
ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789-_~