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February 18, 2024
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Can I use TurboTax Deluxe to report rental income?

  • February 18, 2024
  • 1 reply
  • 0 views

Hi, Can I use TurboTax Deluxe to report rental income if I don't have any expenses to report? Thank you!

Best answer by VolvoGirl

Yes the Desktop CD Deluxe will work.  All the Desktop programs have the same forms.  You just get more help in the higher versions.

 

You should use the download method of installing instead of using the CD. It will be easier to install on another computer.


How to download Turbo Tax instead of using the CD 
https://ttlc.intuit.com/community/installing/help/i-bought-the-cd-but-my-computer-doesn-t-have-a-cd-drive/01/26450


How to install TurboTax CD/Download software with license code 
https://ttlc.intuit.com/community/tax-topics/help/activating-turbotax-cd-download-software/00/852971

 

1 reply

JohnB5677
February 18, 2024

Probably not,  

  • If you're using the TurboTax Online you will need the Premier version.
  • You may be able to use Desktop Deluxe, but you should be familiar with accounting practices.
  • For ease of use and accuracy, we recommend TurboTax Premier for both Online and Desktop.
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VolvoGirl
Employee
February 18, 2024

In Online Premier is now Premium.  Premium replaced both Premier and the Self Employed version.