Skip to main content
April 7, 2023
Question

Misleading cost information

  • April 7, 2023
  • 1 reply
  • 0 views

misleading cost information for TurboTax Free. https://turbotax.intuit.com/lp/ppc/2958 says 1099-DIV are covered in free version. But when you go to file it says, "You have Capital Gains on a 1099-DIV. To accurately complete your taxes, you need to upgrade to TurboTax Deluxe

"

 

1 reply

DawnC
Employee
April 7, 2023

If you only had dividends on your 1099-DIV, you would have not needed to upgrade.  But if your tax form requires other tax forms (Schedule D) not included in the Free Edition, you are required to upgrade.   And because you have capital gains to report, you require Schedule D.  

 

Guide to Dividends and Capital Gains

 

Why did I have to upgrade?

 

 

 

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