“I have never done my own taxes, but want to try. I started a second job in August 2020 and sold a house and purchased a house. Will this be easy enough to do now that I have two w-2s and this sell/purchase?”
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Yes, the software will let you add multiple W-2's and will walk you through the tax ramifications of your home sale and purchase.
Sorry, there was a problem. Please try again later.Turbo Tax Deluxe makes this very easy. Though I do not own a home and never sold a house, it still shows me those options (I just ignore those questions). For you, it will guide you step-by-step through the entire process. It will ask you if you own a home and/or sold a home and will then compile the forms needed for you to go through that process. W-2 forms are added one-by-one and if you had unemployment because of the COVID shutdown, it will also handle the 1099-G forms. You can also go through the entire process yourself and save a PDF file prior to actually filing and have a tax professional look them over most likely at no cost if you know them. The deluxe version should suit you for Owning/selling a home should. If you owned rentals or sold stocks you would probably be better with the premier version. If you have a MAC, be sure to get the MAC version, otherwise use the Windows version.
I would recommend:
Sorry, there was a problem. Please try again later.Yes, this will be easy enough. The software will walk you through every step with easy-to-understand questions to guide you.
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