Hi am a babysitter and also clean apts for a living.
I get a 1099 form for cleaning apts that averages about $10,000 / year.
I babysit in my house and other peoples houses and avg about $5,000 / year.
I had been using Turbotax Home & Business previously and find it too expensive.
Can I use Turbotax Deluxe instead? Will the Deluxe version handled my self-employed situation?
All the required forms?
thanks
Using TurboTax online, you have to use the new TurboTax Premium. Deluxe does not allow you to enter your schedule C expenses. if you purchased TurboTax on a CD or download to install on your own Mac or PC, you can use TurboTax deluxe. The desktop version of the deluxe program has all of the forms needed to complete a schedule C, but it has less built-in guidance, and the interview is much simpler, so you will need to know more of what you were doing. The desktop program, including the desktop version of home & business, can generally be purchased at a discount from reliable, third-party retailer, such as Amazon, Staples, or Best Buy, compared to the list price on the TurboTax website.
Or—-Use this IRS site for other ways to file for free. There are 8 free software versions available from the IRS Free File site
Thank you. I do want to buy the CD version from Amazon to use on my PC.
Just to confirm. I can use the CD version of Turbotax Deluxe that will have all required forms.
Q. Just to confirm. I can use the CD version of TurboTax (TT) Deluxe that will have all required form?
A. Yes.
All download/CD versions of TT have all the forms you need. It's only in the online versions that "upgrading" is required, for more complicated returns.