W2 plus 1099

Forum|Forum|3 years ago
March 23, 2023
1 reply
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Does entering a W2 from one employer and a 1099 from a different employer result in a higher cost to file taxes on Turbo Tax on Line?

And can you please let me the cost of filing both your federal and state on TurboTax Online

Do you have to pay a price to file Federal and an additional price to file State

robtm

Level 10

If you qualify (see below) you can file both Federal and State at no cost. If you do not qualify for the Free version then the Federal Deluxe version would be $59 and the State $59. You can try the Free version and if Turbotax finds you do not qualify, you can update to the paid version.

If you have a simple tax return, you can file for free with TurboTax Free Edition. A simple tax return is one that's filed using IRS Form 1040 only, without having to attach any forms or schedules. Only certain taxpayers are eligible.

Situations covered (assuming no added tax complexity):

W-2 income
Limited interest and dividend income reported on a 1099-INT or 1099-DIV
IRS standard deduction
Earned Income Tax Credit (EIC)
Child Tax Credit (CTC)
Student loan interest deduction

Situations not covered:

Itemized deductions
Unemployment income reported on a 1099-G
Business or 1099-NEC income
Stock sales
Rental property income
Credits, deductions and income reported on other forms or schedules (for example, income related to crypto investments)

If you don’t have a simple tax return, we have other paid options to file using TurboTax.