TurboTax Free has changed for tax year 2023 and is available only for simple income and limited credits. Situations covered (assuming no added tax complexity): W-2 income Interest or dividends (1099-INT/1099-DIV) that don’t require filing a Schedule B IRS standard deduction Earned Income Tax Credit (EITC) Child Tax Credit (CTC) Student loan interest deductionIf you don’t have a Form 1040 return that is limited to the above, we have other paid options to file using TurboTax. See How do I upgrade or switch to a higher version of TurboTax Online?

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billideal16

Question

How go I enter Interest from Seller-Financed Loans in Turbo tax Free online? I normally enter this on Schedule B but don't see it Turbo tax Free?

Forum|Forum|2 years ago
April 7, 2024
1 reply
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PatriciaV

Employee

TurboTax Free has changed for tax year 2023 and is available only for simple income and limited credits.

Situations covered (assuming no added tax complexity):

W-2 income
Interest or dividends (1099-INT/1099-DIV) that don’t require filing a Schedule B
IRS standard deduction
Earned Income Tax Credit (EITC)
Child Tax Credit (CTC)
Student loan interest deduction

If you don’t have a Form 1040 return that is limited to the above, we have other paid options to file using TurboTax. See How do I upgrade or switch to a higher version of TurboTax Online?

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