Our tax return for 2021.

[rtohlman]

Our income is from social security for both my wife & I, along with a pension & several IRAs. We also have capital gains/losses & capital gain distributions, along with interest & dividend income. We would be married, filing jointly & taking the standard deduction.  Would you recommend using Turbo Tax Deluxe or the on line version? And could you explain why?  Thank you for your help.

[JulieS · Accepted solution]

I recommend TurboTax Premium Online for your situation. The reason why is that Deluxe doesn't support stock transactions. 

Deluxe does accommodate everything else you listed, but if you have a Form 1099-B, you will need to upgrade to Premium.

One nice aspect of using the online version is that you can start in the Deluxe version and you will be prompted to upgrade only when you try to enter something that is not included in the Deluxe version. 

[JulieS]

If you prefer to use TurboTax Deluxe Desktop, that will work as well. The cost is the same for either.

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