If I only qualify for the standard deduction do I have to pay for Turbo Tax Deluxe? (2024)

• TurboTax Deluxe Online

‎June 6, 20196:37 AM

Actually, no.

If you don't need Deluxe, you can downgrade using the Clearand Start Over feature but bear in mind that the differentTurboTax"flavors" handle different tax situations and their associated forms.

For example, if you want to downgrade from Deluxe to Federal Free Editionand you're itemizing (Schedule A), you can clear and start over with the freeedition, but once you enter your itemized deductions in the free edition,you'll be asked to upgrade to Deluxe.

Here is a short list of some common tax situations and the online productsthat now uniquely support them:

• Itemized Deductions (Schedule A/1040)- Deluxe, Premier, andSelf-Employed
• Capital Gains or Losses (Schedule D) - Premier andSelf-Employed
• Rental Income (Schedule E) - Premier andSelf-Employed
• Profit or Loss from Business (Schedules C-EZ and C) -Self-Employed

If you are looking atTurboTax Federal Free Edition, keep in mind that thisversion is intended for taxpayers with very simple returns (Form 1040EZ filerswith the standard deduction), for example first-time filers and students.

Actually, no.

If you don't need Deluxe, you can downgrade using the Clearand Start Over feature but bear in mind that the differentTurboTax"flavors" handle different tax situations and their associated forms.

For example, if you want to downgrade from Deluxe to Federal Free Editionand you're itemizing (Schedule A), you can clear and start over with the freeedition, but once you enter your itemized deductions in the free edition,you'll be asked to upgrade to Deluxe.

Here is a short list of some common tax situations and the online productsthat now uniquely support them:

• Itemized Deductions (Schedule A/1040)- Deluxe, Premier, andSelf-Employed
• Capital Gains or Losses (Schedule D) - Premier andSelf-Employed
• Rental Income (Schedule E) - Premier andSelf-Employed
• Profit or Loss from Business (Schedules C-EZ and C) -Self-Employed

If you are looking atTurboTax Federal Free Edition, keep in mind that thisversion is intended for taxpayers with very simple returns (Form 1040EZ filerswith the standard deduction), for example first-time filers and students.