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February 2, 2020
Question

Tax Year Prior to 2020: Why is turbo tax charging me 40 to use my federal return to file all together im being charged 120 i will never use turbo tax again I may not even complete and file

  • February 2, 2020
  • 1 reply
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1 reply

February 2, 2020

These are what included in the basic version: 

 

A simple tax return is Form 1040 only, without schedules 1,2, or 3. Simple tax situations covered in TurboTax Free Edition include:

  • W-2 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 1-6, such as the Student Loan
    Interest Deduction

 

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