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Returning Member
posted Apr 15, 2021 11:04:12 AM

Incorrectly purchased Home and Business instead of Premier

Hi Support team,

 

I have incorrectly purchased Home and Business this year instead of Turbo Tax Premier. 

I realized it when I started a return and looked different. 

I have rental properly etc..  Will there be an issue with importing and filing return with Home and Business?

Should I return this to Costco and buy Premier instead?

 

Thank you,

DK

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1 Replies
Expert Alumni
Apr 15, 2021 12:27:10 PM

Home & Business is the "highest" version of TurboTax. It does everything the other versions can do and more. You will have no issues importing information from last year's Premier and preparing your taxes.

 

H&B is primarily for self-employed persons. If you don't have self-employed income and expenses you can go back to Premier next year without a problem.

 

H&B costs more than Premier and you don't need it for rental property. So it's up to up whether to return it or keep going.