Question

Hi I bought and sold 2 stocks that netted me $47 in Short Term Capital gains. Turbotax wants me to upgrade to Premier because of this income. the cost is triple my earned

Forum|Forum|4 years ago
March 9, 2022
2 replies
0 views

Do i need to pay for premier to add income that is $47?

TurboTax Deluxe Online

Yes, you can upgrade if you need to. Assistance with doing so has been provided by clicking here.

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A

awachowiak02Author

Hi thanks for the response. My question was more of a complaint. Why should I pay $140 for a service to take 2 minutes to enter in the information behind my $47 ST gain? Seems a little extreme.

Rick19744

Employee

Keep in mind that you are dealing with computer software that has no idea of the amount of any other transactions that you may have. The "offer" is there in case a taxpayer believes they need additional assistance with respect to capital transactions. If someone wants it, fine, if not, fine as well.

*A reminder that posts in a forum such as this do not constitute tax advice.Also keep in mind the date of replies, as tax law changes.

A

awachowiak02Author

Hi thanks . Not really an offered support but rather a forced upcharge for form 1099. More so just the cost of doing business and learning for me. Nothing I can do and if I can delete this question I would. I understand their current software doesn’t know the amount but maybe in the future the $10B company can purchase sophisticated software to layer in a $ threshold that is recognizes the customers gains and has to meet or exceed the upcharge for the form for it to count. Have a good day and thanks for responding!