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New Member
posted Mar 26, 2023 12:28:29 PM

Should I upgrade my TurboTax, or is TurboTax Free edition good enough for me?

Hi everyone. I just graduated from college back last April, and I started my first professional job in May of 2022 making a good starting salary. I'm wondering this: Is the free edition of TurboTax good enough for me, or should I upgrade? If it's recommended that I upgrade, what should I upgrade to?

 

Here's some information about my recent financial situation. Within the last year:

I've started contributing to a 401k.

I have an HSA (I don't contribute to my HSA, but my company does).

I received stock from my company on an Etrade account for free (just a one time thing).

I have a Roth IRA I've contributed to.

 

Any recommendations on what I should do (and why)? Thanks again, much appreciated!

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1 Replies
Expert Alumni
Mar 26, 2023 1:01:27 PM

You should be able to use the free edition- but remember with TurboTax you can start for free and if you have a situation where you have to upgrade, it will let you know as you are completing your tax return.