A:AnswerTurboTax Premier 2023 Tax Software, Federal + E-file & State allows you to e-file up to 5 different returns. If you're using TurboTax Premier desktop software and you need to prepare a second state return for another individual, you can easily do so. With TurboTax Desktop, you can prepare and paper-file as many state returns as you want. However, please note that the software only allows e-filing returns for up to three states at an additional fee.
A:AnswerTurboTax Premier 2023 is the best choice for investments, as it gives extra guidance while entering your information including 1099-B. When you sell stocks, bonds, mutual funds, or other securities, you should get Form 1099-B from your brokerage to report capital gains and losses on your tax return. All TurboTax 2023 personal tax versions include all the same forms but with different guidance.
A:AnswerTurboTax Premier 2023 will support and guide you through your sale of home property and Social Security inheritance. Due to the many variables that Inheritance Taxes cover we do recommend going through our TurboTax Blog posts about this very scenario titled "What Are Inheritance Taxes?" as well as "Death in the Family" for more details on these topics. For further discussion on these topics in more detail, please see our TurboTax Community where you can post questions and get in-depth help from our experts.
A:AnswerTurboTax Premier 2023 Federal + E-file & State [PC/MAC Digital] can be installed, authenticated, and activated on up to 5 different computers. The account that is either created or existing account used for activating the software must be used for any subsequent installation.
A:AnswerIf you are filing Schedule E we recommend using TurboTax Premier 2023. If you are looking to file Schedule F we then recommend TurboTax Home and Business 2023. For more information about rental income and its forms, please refer to the article on our website and community page, "What is Form 4835: Farm Rental Income and Expenses."
A:AnswerAll TurboTax 2023 personal tax products include support and guidance for Schedule K-1s, however, Premier is recommended for the best possible guidance on that topic. If you're self-employed then Home & Business would be what you need instead. Please note, that if you need to generate K-1s and/or file business-related taxes, you will need TurboTax Business (green box) additionally.
A:AnswerTurboTax Premier 2023 Fed + State does not support Form 709, however, you can download it from the IRS website and fill it out per the Form 709 instructions.
A:AnswerI am NOT a tax person. But Turbo Tax makes it easy to "redo" a tax filing . Depending upon complexity, one can also pre-file twice: once as scenario A and once as scenario B Compare results and physically file the preferred scenario. (Filing jointly? Scenario A is husband first, then wife. Scenario B is wife first, then husband.) Turbo tax allows you to uniquely name a saved prep before filing, so prep one way and save as NameA. prep the other way and save as NameB. Physically file better option. IRS won't see your file names on your hard drive.
A:AnswerWe used Premier because we have rental income. We sold our primary residence last year and moved states; turbotax calculated our capital gains. Works well.
A:AnswerI would get in touch with Intuit. They should be able to answer your question or at least information as to whom can be contacted for this information.
A:AnswerYou can use the PDF file to import the information into TurboTax Premier for your federal return, as well as for the states of Kansas and Missouri, and the additional locality that you need to file taxes for this year. The software can handle all 4 returns in a single file. This version of TurboTax includes 1 state download and there will be an extra fee for the second state, for which you can obtain a $10 discount by purchasing your TurboTax software through Best Buy.
