Filing late taxes - Which TurboTax plan is best for me?

Forum|Forum|2 years ago
May 23, 2023
1 reply
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Which plan will be best to choose as an investor, beneficiary of an irrevocable trust and someone who needs to make a state filing as a non resident (for the trust)? I have several questions that I need assistance with so I know I need to choose one that offers assistance. I feel frustrated though because the plan offerings seem a little misleading - not as straight forward as I had hoped.

I already started doing the taxes using TurboTax just haven't committed to a plan, yet because I am unsure. I have Q's about filling out information for schedules k-1 and kf and also about form 8949.

I tried to call TurboTax to ask about pricing but ended up hanging up - couldn't get past the automated voice "agent". Very frustrating.

Not A Product Question

VolvoGirl

Employee

For your personal return. If you have investments or a K-1 you need to use the Online Premier version. Or any of the Desktop CD/Download programs. All the Desktop programs have the same forms, you just get more help in the higher versions.

Start an Online return here,
https://turbotax.intuit.com/personal-taxes/online

Or buy the Desktop CD or the Download program here,
https://turbotax.intuit.com/personal-taxes/cd-download

If you need to do the Trust tax return you need to buy Turbo Tax Business, not to be confused with the personal Home & Business version. Home & Business is just for personal returns that need schedule C for self employment. TT Business is not available to do online or on a Mac. You can buy the Windows Desktop program here,
https://turbotax.intuit.com/small-business-taxes

You can have both a personal program and the Business program installed on the same computer at the same time.

You will get a W2 or K-1 from the business return to enter into your personal return. So you will need to do the Business return first.