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Can you use the turbo tax basic, the free version to file for capital loss on investments?

 
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DeniseF1
New Member

Can you use the turbo tax basic, the free version to file for capital loss on investments?

Unfortunately, No, the Free Edition does not support reporting of investments.  If you have capital gains/losses reported on a brokerage statement, requiring a Schedule D, you need TurboTax Premier (Online) or any version of TurboTax CD/Download.

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2 Replies
DeniseF1
New Member

Can you use the turbo tax basic, the free version to file for capital loss on investments?

Unfortunately, No, the Free Edition does not support reporting of investments.  If you have capital gains/losses reported on a brokerage statement, requiring a Schedule D, you need TurboTax Premier (Online) or any version of TurboTax CD/Download.

Can you use the turbo tax basic, the free version to file for capital loss on investments?

Where can I select direct deposit for my federal refund? @TurboTaxDeniseF1
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