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Can I use TurboTax Deluxe if I know I have to take the standard deduction and have only one investment company report to download? Thank you.

 
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PaulaM
Employee Tax Expert

Can I use TurboTax Deluxe if I know I have to take the standard deduction and have only one investment company report to download? Thank you.

Yes, TurboTax Deluxe supports the Forms 1099-R and 1099-DIV. The standard deduction can be taken in any product.

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3 Replies
PaulaM
Employee Tax Expert

Can I use TurboTax Deluxe if I know I have to take the standard deduction and have only one investment company report to download? Thank you.

What form is your investment reported on? 1099-B, DIV?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Can I use TurboTax Deluxe if I know I have to take the standard deduction and have only one investment company report to download? Thank you.

1099-R and 1099-Div, both from one company download
PaulaM
Employee Tax Expert

Can I use TurboTax Deluxe if I know I have to take the standard deduction and have only one investment company report to download? Thank you.

Yes, TurboTax Deluxe supports the Forms 1099-R and 1099-DIV. The standard deduction can be taken in any product.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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