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January 29, 2021
Question

Can someone use Turbo tax deluxe full service for self employed sole proprietor with no expenses?

  • January 29, 2021
  • 1 reply
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Just wanted to know if some could use Turbo tax deluxe full service If your self employed sole proprietor with no expenses.

    1 reply

    Kat11_2
    Employee
    January 29, 2021

    Yes, the Deluxe Edition should suffice as long as you don't enter any business expenses.  You can prepare your Schedule C using the Deluxe Edition.  Of course, if you have any investment income, you'll need the Premier Edition.  Otherwise, the Deluxe Edition should serve you well.

    *** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***