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Page Showing 41-45 of 45 questions
  • Questionwith this Turbo Tax Deluxe Federal----what information is needed to report for selling old residence and buying a new one?? Or do we need a different edition of Turbotax?

    Asked by me.

    • Answer I suspect you'll need to enter old residence Sales Price and various Seller costs of closing found on the Closing Document (formerly Settlement Sheet) to determine if you've gone over the exempt capital gains amount (I believe 500K tax free if married filing jointly). You'll likely need to enter information such as original Purchase Price, closing costs whn you bought the old residence and value of improvements over the years to come up with cost basis needed to calculate any gain. On the new home, TurboTax may ask for Purchase Price and other costs paid by Buyer just to keep track of the basis of the new home. I'm not sure if it will though because there is no tax affect on new home if used only as primary residence until it is sold, if ever.

      Answered by Mark1

  • QuestionDoes Best Buy match Amazon on price for Turbo Deluxe 2020 Fed/State

    Asked by Martin.

    • Answer Yes they do however, it must be sold by Amazon, not from another fulfillment.

      Answered by Blue3y3s

  • QuestionDoes the windows edition run on a Chromebook?

    Asked by Jay.

    • Answer Jay, I am not sure if you have the chrome browser on your chromebook too, but assuming you do, as long as you also have windows it should work. I have an HP Laptop that has windows and it works fine. I use chrome as a browser for somethings that don't work with Edge. But I am not an expert. Good luck

      Answered by mbink

  • QuestionDoes the 2020 TurboTax Deluxe come with a CD?

    Asked by Lajim.

    • Answer As Asked 1 month ago by Lajim, Lajim said only the digital download was available. It appears a month ago the physical CD version was not yet offered to Best Buy or sold by Best Buy and that was true with many retailers a month ago. I see the physical CD version of Turbo Tax Deluxe Federal with State (2020-2021) today here Sunday January 03, 2020 is available here from Best Buy and is even in the stores.

      Answered by KathyH

  • QuestionDoes delux edition include schedule B & D

    Asked by Larry.

    • Answer Yes. TurboTax Deluxe handles Schedule B just fine to take care of all your interest & dividends. It likewise includes Schedule D. If you need extra help with your sales of stocks and the calculation of cost basis, TurboTax recommends an upgrade to Premier. However, for a standard handful of stock sales, in which either you or your broker you can provide the cost basis, TurboTax Deluxe works just fine.

      Answered by pg52pfb