Will I be okay with the Basic Desktop Version?Standard DeductionImport 1099s for interest, dividends and capital gain distributionsInvestments will have some percentage of Federal gov't div/int and Foreign tax creditACA 1095-A and HSA contribution

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juiceman1

Level 2

Solved

Turbotax Desktop basic?

4 replies
51 views

Will I be okay with the Basic Desktop Version?

Standard Deduction
Import 1099s for interest, dividends and capital gain distributions
Investments will have some percentage of Federal gov't div/int and Foreign tax credit
ACA 1095-A and HSA contribution

xmasbaby0Answer

Level 15

Desktop Basic can handle all of those ----what Basic cannot do--unless you pay an extra $40--is provide a program to prepare a state return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

xmasbaby0

Answer

Level 15

Desktop Basic can handle all of those ----what Basic cannot do--unless you pay an extra $40--is provide a program to prepare a state return.

juiceman1Author

Level 2

Got it. I wasn't aware of that either. thanks

xmasbaby0

Level 15

@juiceman1 If you will need to prepare a state return, get Deluxe that includes the state program--it will be cheaper than adding a state program to Basic.