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Why cant i use the free version?

can i file for free?
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1 Reply
LenaH
Employee Tax Expert

Why cant i use the free version?

It depends. TurboTax Free Edition is an online-only product that supports simple tax returns that can be filed on Form 1040 without any attached schedules.

 

Simple tax situations covered in TurboTax Free Edition:

  • W-2 income
  • Unemployment income
  • Limited interest and dividend income reported on a 1099-INT or 1099-DIV
  • Claiming the standard deduction
  • Earned Income Tax Credit (EIC)
  • Child tax credits

Situations not covered in TurboTax Free Edition include:

  • Itemized deductions
  • Business or 1099-MISC income
  • Stock sales
  • Rental property income
  • Credits, deductions, and income reported on schedules 1–3, such as the Student Loan Interest Deduction
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