What’sThe difference between filing for free, and filing deluxe
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justinmichaelhar
New Member

What’sThe difference between filing for free, and filing deluxe

 
3 Replies
ChrisVonHoep
Level 1

What’sThe difference between filing for free, and filing deluxe

TurboTax Deluxe is able to process more forms than the free version is, so those individuals with more complex returns can benefit from it.

If your return requires certain forms, it will prompt you to upgrade to the version capable of processing that form.

Attached is a list of the most common forms and the versions of TurboTax that support them.
wffontai
New Member

What’sThe difference between filing for free, and filing deluxe

I'm retired, with only a small W2 income, two Pensions and Social Security as income, do I qualify for the free filing?

DMarkM1
Employee Tax Expert

What’sThe difference between filing for free, and filing deluxe

It appears your situation would qualify for the Free Edition, but the only way to be sure is to start for free and see if an upgrade is requested along the way. 

 

Here is the general information on the Free Edition of TurboTax.  A simple return is a Form 1040 only, without any additional schedules. Simple tax situations covered in TurboTax Free Edition include:

 

  • W-2 income
  • Limited interest and dividend income reported on a 1099-INT or 1099-DIV
  • Claiming the standard deduction
  • Earned Income Tax Credit (EIC)
  • Child tax credits


Situations not covered in TurboTax Free
Edition include:
 

  • Itemized deductions
  • Business or 1099-MISC income
  • Stock sales
  • Rental property income
  • Credits, deductions and income reported on schedules 1-6, such as the Student Loan
    Interest Deduction

 

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