You’ll need TurboTax Premier Online to report capital gains from the sale of your primary home. (You may also use TurboTax Self-Employed or the TurboTax CD/Download software.)

What is the difference between TurboTax basic and standard?

The features are very similar to what you’ll find with the online software, but there is no free option and the pricing is slightly higher, as follows: Basic: $19.99, includes 4 returns; Standard: $34.99, includes 8 returns; Premier, $74.99, includes 12 returns; and Home & Business, $119.99, includes 12 returns.

What is the difference between TurboTax basic and deluxe?

TurboTax Basic, for example, is the more simple package and is recommended for users who do not have complex financial transactions to report on their taxes, while the Deluxe edition has some extra features for users who have more to report. …

How many years can you go back with TurboTax?

If you owe taxes you are required to file all missing returns. TurboTax Online only supports the current 2016 tax year and the prior 3 years (2015, 2014, and 2013). The latter 3 have to be prepared in desktop software (CD/download).

Which is the best Turbo Tax to buy?

Generally, the TurboTax CD/Download software will save you money if you’re filing multiple returns. Buy before you try – covered by our unconditional 60-day money-back guarantee. One free state product is usually included with TurboTax Deluxe, Premier, and Home & Business versions. However, the cost of e-filing the state return is extra.

When do you need to use TurboTax basic?

TurboTax Basic is recommended if: You have a straight forward tax situation, want to claim the Earned Income Tax Credit, and only need to file a Federal Tax Return. TurboTax is tailored to your unique situation—it will search for the deductions and credits you deserve, so you’re confident you’ll get your maximum refund.

Is the prior year version of TurboTax still available?

Outside of that timeframe, TurboTax Online shuts down to get ready for the upcoming tax season. Completed prior-year Basic, Deluxe, Premier, and Home & Business returns in PDF format are available by signing in to your account. Incomplete prior-year returns are not available (however, the data will transfer to next year’s Online return).

Is there a TurboTax CD that I can download?

TurboTax CD/Download products: Includes tax preparation and printing of federal tax returns and free federal e-file of up to 5 federal tax returns. State return not included.