Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
R
RSZip
February 23, 2020
Question

Will the Premier Verson cover forms for a "hobby" business

  • February 23, 2020
  • 1 reply
  • 0 views
No text available

    1 reply

    J
    JamesG1
    February 23, 2020

    The comparison of the TurboTax editions here shows Commonly Filed Tax Forms and Schedules down the left side.

     

    We see that Premier will support 1040 Schedule 1 for hobby income.  See form here.

     

    You likely will not be able to claim expenses against hobby income.

     

    See additional information here and here.

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

    Unlock tailored help options in your account

    Create an account
    TurboTax Expert Assist
    TurboTax Expert

    Get answers to all your tax questions

    Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

    Terms & ConditionsAccessibility statement
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    ©1997-2022 Intuit, Inc. All rights reserved.
    Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
    of Intuit Inc. Terms and conditions, features, support, pricing, and service options
    subject to change without notice.

    Security Certification of the TurboTax Online application has been performed by
    C-Level Security.

    By accessing and using this page you agree to the Terms of Use.

    Accessibility

    TRUSTe nResult Certified e-File C-Level Security Certification