Which version of Turbo Tax should be used for the 2020 sale of rental property? The software would have to not only have the appropriate forms for the sale; but also Schedule E to claim income/expenses up to the date of sale. null

Question

OneOfour · Accepted Answer

In your case it looks like Premier version would be the choice. Premier has extra guidance for rental property income, expenses, refinancing. This is according to the information on the product cover. Also it states free U.S based product help by phone.

Answered by OneOfour 4 years ago

Verified Purchase

missyann · Answer

Turbo Tax Deluxe can and will handle schedule E but will not address form items in detail step by step like the next step up program. It’s best to know the details in filing a particular form so that a deduction is not overlooked if this is your first time.

Answered by missyann 4 years ago

“Which version of Turbo Tax should be used for the 2020 sale of rental property? The software would have to not only have the appropriate forms for the sale; but also Schedule E to claim income/expenses up to the date of sale.”

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