Yes. TurboTax Free Edition is an online-only product that supports simple tax returns that can be filed on Form 1040 without any attached schedules. Simple tax situations covered in TurboTax Free Edition: W-2 income Unemployment income Limited interest and dividend income reported on a 1099-INT or 1099-DIV Claiming the standard deduction Earned Income Tax Credit (EIC) Child tax creditsSituations not covered in TurboTax Free Edition include: Itemized deductions Business or 1099-MISC income Stock sales Rental property income Credits, deductions, and income reported on schedules 1–3, such as the Student Loan Interest Deduction

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zi555

Solved

Does the turbotax free version cover schedule B?

Forum|Forum|5 years ago
March 22, 2021
1 reply
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TurboTax Free Edition Online

Best answer by zi555

Thanks for your reply. However, i do need to file schedule B for the amount of int is more than $1500. So I guess from your response, the schedule B is not covered by the free edition right?

LenaH

Yes. TurboTax Free Edition is an online-only product that supports simple tax returns that can be filed on Form 1040 without any attached schedules.

Simple tax situations covered in TurboTax Free Edition:

W-2 income
Unemployment income
Limited interest and dividend income reported on a 1099-INT or 1099-DIV
Claiming the standard deduction
Earned Income Tax Credit (EIC)
Child tax credits

Situations not covered in TurboTax Free Edition include:

Itemized deductions
Business or 1099-MISC income
Stock sales
Rental property income
Credits, deductions, and income reported on schedules 1–3, such as the Student Loan Interest Deduction

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zi555AuthorAnswer

Thanks for your reply. However, i do need to file schedule B for the amount of int is more than $1500. So I guess from your response, the schedule B is not covered by the free edition right?