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Level 2
posted Jan 23, 2025 2:31:00 PM

Turbotax Desktop basic?

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

0 4 2075
1 Best answer
Level 15
Jan 23, 2025 2:45:57 PM

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.

4 Replies
Level 15
Jan 23, 2025 2:45:57 PM

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.

Level 2
Jan 23, 2025 2:48:05 PM

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

Level 15
Jan 23, 2025 2:50:31 PM

@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.

Level 2
Jan 23, 2025 2:57:57 PM

Yeah.  i think thats why I have always used deluxe.   1 year memory loss I guess.  Thanks again.