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If I have a 1099 Misc can I only upgrade to $60 and be ok to complete my taxes?

 
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If I have a 1099 Misc can I only upgrade to $60 and be ok to complete my taxes?

@pjsmith160  asked:  "If I have a 1099 Misc can I only upgrade to $60 and be ok to complete my taxes?"

 

What kind of income is on the 1099-MISC?   It depends on what it's for and whether there are any expenses to report with it.  Rental/royalty, for example, requires Premier or higher.  Any self-employed business/independent contractor with expenses requires Self-Employed Edition.. If no expenses, then Deluxe can report self-employed income.

 

However, instead of upgrading you may be able to use a second free product instead.  It can handle all types of 1099-MISC including any expenses, if you qualify.

 

The other free product (TurboTax IRS Free File Program) is fully-featured and can prepare all the usual forms and schedules.  It is even more powerful than Deluxe, if you qualify.  For example, in addition to Schedules 1-3 it can prepare Schedule C, D, E, F, etc., and enter K-1. But one has to meet one of the qualifications to use.  See below:

 

To qualify for free 2019 federal and state tax returns through the IRS Free File Program delivered by TurboTax, you just need to meet one of these requirements:

 

      • Your 2019 AGI is $36,000 or less (for Married Filing Jointly returns, combined AGI of both spouses cannot be over that limit),  or
      • You qualify for the Earned Income Tax Credit (EITC); or
      • In 2019, you served as active duty military (including Reservists and National Guard) with a maximum AGI of $69,000, and you have a military-issued W-2.

 

If you qualify for that program and want to use it, see these 2 FAQs:

 

FAQ:  What is the TurboTax IRS Free File Program?
https://ttlc.intuit.com/community/choosing-a-product/help/what-is-the-turbotax-free-file-program/01/...

and

FAQ:  How do I switch to the TurboTax IRS Free File Program?

https://ttlc.intuit.com/community/downgrading/help/how-do-i-switch-to-turbotax-free-file-program/00/...