turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Event: Ask the Experts about your refund > RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cmsav65
New Member

After doing a bit of research I would like to down grade, as I don't get much of a return, so therefore do not want to pay more than I need to file my taxes.

 
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
ColinG
New Member

After doing a bit of research I would like to down grade, as I don't get much of a return, so therefore do not want to pay more than I need to file my taxes.

You can now downgrade with the Clear and Start Over feature but bear in mind that the different TurboTax "flavors" handle different tax situations and their associated forms.

For example, if you want to downgrade from Deluxe to Federal Free Edition and you're itemizing (Schedule A), you can clear and start over with the free edition, but once you enter your itemized deductions in the free edition, you'll be asked to upgrade to Deluxe.

Here is a short list of some common tax situations and the online products that now uniquely support them:

·       Itemized Deductions (Schedule A/1040)- DeluxePremier, and Home & Business

·       Capital Gains or Losses (Schedule D) - Premier and Home & Business

·       Rental Income (Schedule E) - Premier and Home & Business

·       Net Profit from Business (Schedule C-EZ)  - DeluxePremier, and Home & Business

·       Profit or Loss from Business (Schedule C) - Home & Business

If you are looking at TurboTax Federal Free Edition, keep in mind that this version is intended for taxpayers with very simple returns (Form 1040EZ filers with the standard deduction), for example first-time filers and students.

View solution in original post

2 Replies
ColinG
New Member

After doing a bit of research I would like to down grade, as I don't get much of a return, so therefore do not want to pay more than I need to file my taxes.

You can now downgrade with the Clear and Start Over feature but bear in mind that the different TurboTax "flavors" handle different tax situations and their associated forms.

For example, if you want to downgrade from Deluxe to Federal Free Edition and you're itemizing (Schedule A), you can clear and start over with the free edition, but once you enter your itemized deductions in the free edition, you'll be asked to upgrade to Deluxe.

Here is a short list of some common tax situations and the online products that now uniquely support them:

·       Itemized Deductions (Schedule A/1040)- DeluxePremier, and Home & Business

·       Capital Gains or Losses (Schedule D) - Premier and Home & Business

·       Rental Income (Schedule E) - Premier and Home & Business

·       Net Profit from Business (Schedule C-EZ)  - DeluxePremier, and Home & Business

·       Profit or Loss from Business (Schedule C) - Home & Business

If you are looking at TurboTax Federal Free Edition, keep in mind that this version is intended for taxpayers with very simple returns (Form 1040EZ filers with the standard deduction), for example first-time filers and students.

After doing a bit of research I would like to down grade, as I don't get much of a return, so therefore do not want to pay more than I need to file my taxes.

No worries! You can switch to a lower version of TurboTax as long as you haven’t paid yet or registered your return. Just follow the steps below. https://ttlc.intuit.com/replies/3288495 or https://ttlc.intuit.com/replies/4248526

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies