TurboTax Free Edition (and TurboTax Live Basic) are intended for taxpayers who file Form 1040 with limited credits. Roughly 37% of taxpayers qualify.
If we detect that your tax situation requires expanded coverage, like deductions for owning a home, unemployment income, or self-employment income, we'll prompt you to upgrade to a version that supports the forms you need so that we can maximize your tax deductions and ensure you file an accurate return.
Depending on what your tax situation was last year, you might need to use new tax forms to claim the same deductions, credits, or forms of income. Some of the situations that are now in TurboTax Deluxe and TurboTax Live Deluxe, instead of in Free Edition, include:
- Unemployment income
- Retirement Savings Contribution Credit for 401(k) and IRA contributions
- Education credits
- Child Dependent Care Credit
Get more information on which forms are included in TurboTax Free Edition.
