Solved: My Parents have income only from 1099’s; can they use the basic version of Turbo Tax?
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My Parents have income only from 1099’s; can they use the basic version of Turbo Tax?

Have not yet bought software yet.  That’s the issue; I need to determine which version I need the buy. 

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Level 4

My Parents have income only from 1099’s; can they use the basic version of Turbo Tax?

Yes, they can use TurboTax Basic so long as their 1099's are either a 1099-DIV or 1099-INT.  If they have any other type of Form 1099 then they will need TurboTax Deluxe to prepare their tax return.

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Level 4

My Parents have income only from 1099’s; can they use the basic version of Turbo Tax?

Yes, they can use TurboTax Basic so long as their 1099's are either a 1099-DIV or 1099-INT.  If they have any other type of Form 1099 then they will need TurboTax Deluxe to prepare their tax return.

View solution in original post

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